$329,900

For sale

#502 3 Massey Square, Toronto (Crescent Town) - Single Family for Sale

#502 3 Massey Square, Toronto (Crescent Town), Ontario, M4C5L5

1 bed1 bath0 parking650 ft²$602/mo condo feeListed 49 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $329,900, it is attractively priced about 17% below the $399,000 median asking price in Toronto. It has been on the market 49 days, fresher than the Toronto average of 55 days.

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Description

Welcome Home to Crescent Town at 3 Massey Square. Your new home was fully renovated just a few weeks ago. Pack your bags and move right in! A rare opportunity to own a turnkey condo in an unbeatable location. This bright 1 bedroom condo checks every box: new floors, a modern kitchen with quartz countertop with a new stove, fridge, and cabinets. Brand new 4 piece bath, open concept living with large windows, east view that floods the space with morning sun with a golf course view. You will be steps to the subway, parks, trails, library, grocery stores, day care and the golf course. The building has top notch amenities including an indoor pool, gym, squash courts & more. (id:66096)

Property Details

MLS®: E13794840
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Radiant heat, Electric
Cooling: None
Garage: Garage, Underground
Pool: Yes
Condo Fee: $602/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,002.94/yr
Listed: 49 days ago

Rooms

Main level

Living room: 6.91 x 3.41 meters
Dining room: 2.19 x 3.51 meters
Kitchen: 2.19 x 3.35 meters
Primary Bedroom: 3.35 x 5.06 meters

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

Features

Flooring: Vinyl
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Crescent Town) listings, avg age

55d

Price / ft²

$508

List price

$330K

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 1-bed single family in Toronto (Crescent Town) has been listed for 49 days, which is 6 days fresher than the city average of 55. Act while there is still low competition.

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Listed by NEWGEN REALTY EXPERTS · ALI KAROVALIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $329,900, about 4.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $64,441 (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)

$329,900· $508/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,495

Min 5%50%

Mortgage payment$1,738/mo

↳ CMHC premium ($12,536 capitalized)

Property tax (est.)$84/mo

Condo fee$602/mo

Total monthly$2,423

Cash Needed to Close

Down payment (5%)$16,495

Land transfer tax$6,847

Est. closing costs$3,490

Total cash needed$26,832

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