$399,000

For sale

#1508 5 Massey Square, Toronto (Crescent Town) - Single Family for Sale

#1508 5 Massey Square, Toronto (Crescent Town), Ontario, M4C5L6

3 beds1 bath0 parking950 ft²$839/mo condo feeListed 33 days ago

Overview

This 3-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $399,000 asking price sits right in line with the $399,000 median in Toronto. It has been on the market 33 days, fresher than the Toronto average of 55 days.

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Description

Experience spacious and bright living in this 2-bedroom condo, which features a covered balcony offering stunning views of the golf course. This unit includes brand-new flooring, a modern kitchen, and a renovated bathroom with a new vanity and tiles. The enclosed balcony, valued at $25,000, adds to the property's appeal. Conveniently located just a 5-minute walk from Victoria Park Station and the Danforth shops, this property also offers 24/7 security, underground rental parking, and visitor parking. Enjoy a quick 20-minute commute to downtown. Please note that the pictures are virtually staged. With low maintenance costs, all utilities and cable are included in the maintenance fees. (id:66096)

Property Details

MLS®: E13857770
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Radiant heat, Electric, Other
Cooling: None
Garage: Underground, No Garage
Condo Fee: $839/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $1,199/yr
Listed: 33 days ago

Rooms

Main level

Bedroom: 4.69 x 3.35 meters
Living room: 7.21 x 3.6 meters
Bedroom 2: 4.11 x 3.04 meters
Kitchen: 3.5 x 2.18 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Toronto (Crescent Town) listings, avg age

55d

Price / ft²

$420

List price

$399K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Crescent Town) has been listed for 33 days, which is 22 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · REJOAN CHOUDHURY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $399,000, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$399,000· $420/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$100/mo

Condo fee$839/mo

Total monthly$3,041

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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