$390,000

For sale

#2811 5 Massey Square, Toronto (Crescent Town) - Single Family for Sale

#2811 5 Massey Square, Toronto (Crescent Town), Ontario, M4C5L6

2 beds1 bath1 parking950 ft²$839/mo condo feeListed 77 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $390,000 asking price sits right in line with the $399,000 median in Toronto.

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Description

Bright, Spacious, And Functional 2-Bedroom Condo Offering Exceptional Value And Effortless City Living. Features A Light-Filled Layout With A Generous Living Area, Full-Size Dining Room, Large Windows, And A Private Balcony With Eastern Views Extending To The Beaches On Clear Days. Located In A Well-Managed Building With Top-Tier Amenities: Indoor Pool, Gym, Jogging Track, Basketball/Squash Courts, And More. All-Inclusive Maintenance Fees Cover All Utilities For Worry-Free Monthly Budgeting. Unbeatable Location Right Across From Victoria Park Subway Station - Just ~20 Mins To Downtown. Steps To Metro, Loblaws, LCBO, Schools, And Parks. Perfect For First-Time Buyers, Downsizers, Or Investors! (id:66096)

Property Details

MLS®: E13694694
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground, Covered
Condo Fee: $839/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,191.46/yr
Listed: 77 days ago

Rooms

Flat

Living room: 7 x 3.62 meters
Dining room: 3.35 x 2.24 meters
Kitchen: 3.5 x 2.25 meters
Bedroom: 5.4 x 3.3 meters
Bedroom 2: 5.3 x 3 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

77d

Toronto (Crescent Town) listings, avg age

55d

Price / ft²

$411

List price

$390K

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 2-bed single family in Toronto (Crescent Town) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by LPT REALTY · JENNIFER JONES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $390,000, about 4.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $76,181 (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)

$390,000· $411/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,500

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,820 capitalized)

Property tax (est.)$99/mo

Condo fee$839/mo

Total monthly$2,992

Cash Needed to Close

Down payment (5%)$19,500

Land transfer tax$8,650

Est. closing costs$3,670

Total cash needed$31,820

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