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For SaleCondo Apt · ApartmentMLS® #E14157460 · TRREB MLS®

5 Massey Sq, Toronto, Ontario

Crescent Town, Toronto, Ontario M4C 5L6

Bedrooms
3
Bathrooms
2
Type
Condo Apt
Basement
None

$499,000

Estimated market value

About 5 Massey Sq

5 Massey Sq is a 3-bedroom, 2-bathroom condo in Crescent Town, Toronto, listed for sale at an asking price of $499,000 (MLS® E14157460).

Welcome to Penthouse 15 at 5 Massey Square! Offering 1,085 sq. ft. of bright, thoughtfully refreshed living space, this rare 3-bedroom, 2-bathroom top-floor residence delivers exceptional value, space, and convenience in the Crescent Town & Victoria Park corridor. Freshly painted in crisp neutral tones with updated baseboards and flooring throughout, the sprawling open-concept living and dining area is bathed in natural light from wall-to-wall windows and walks out to an expansive private balcony with elevated views. The refinished kitchen features sleek white cabinetry, subway tile backsplash, and generous prep space. Down the hallway, three well-proportioned bedrooms provide room for the whole family or a dedicated home office, including a spacious primary retreat complete with a walk-in closet and private 2-piece ensuite. Both bathrooms have been refreshed with modern vanities, and an in-suite storage room adds everyday practicality. Unbeatable connectivity in a self-contained community. A short walk via a pedestrian walkway to Victoria Park Subway Station, Danforth GO, grocery stores, pharmacy, schools, daycare, medical clinic, and Taylor Creek Park trails! *Balcony scheduled to be redone by condo*

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs
    65out of 100

    +$159/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 618 condos with 3 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$1,443 / 2026
MLS® number
E14157460
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
Underground, 0 Parking
Listing brokerage: RE/MAX ROUGE RIVER REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 5 Massey Sq, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$499,000N/AFor SaleE14157460

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Crescent Town
Municipality
Toronto

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 2pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Additional Parking
0
Total Parking
0

Utilities

Cooling
Window Unit
Heating Type
Radiant

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stove, Refrigerator, Microwave, All Light Fixtures.
Condo maint.
$944

Rooms

RoomSizeFeaturesLevel
Dining3.45 × 6.07 mVinyl Floor, W/O To Balcony, Window Flr to CeilMain
Living3.08 × 3.84 mVinyl Floor, Open ConceptMain
Kitchen2.13 × 3.41 mTile FloorMain
Primary3.47 × 4.53 mVinyl Floor, W/I Closet, 2 Pc EnsuiteMain
2nd Br2.87 × 4.12 mVinyl Floor, Double ClosetMain
3rd Br2.85 × 4.12 mVinyl Floor, Double ClosetMain

Map and tour

Condos for sale in Crescent Town right now

For sale now
24
Median asking price
$400K

Middle half: $352K to $460K

New in 7 days
2

9 in 28 days

Price cuts
13%

3 listings

This home is asking 25% above the median, higher than three quarters of them.

See all homes in Crescent Town

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 4 open development applications within 800 m of this home.

  • 90 EASTDALE AVESite planUnder Review

    Site Plan Approval for a 41-storey (129.6 metres in height excluding the 6 storey mechnical penthouse) residential development with a six-storey podium including 547 dwelling units of which 35 are rental replacement and 11 are affordable rental units. The proposal includes a total of 39,900 square metres of residential gross floor area.Two storeys of underground parking are proposed consisting of 304 vehicular parking spaces, 601 bicycle parking spaces and two loading spaces.


    720 m away

  • 3089 DANFORTH AVESite planUnder Review

    The proposed development contemplates a 7-storey (25.1 metres) mixed-use building with a total of 2807 square metres of residential GFA and 125 square metres of commercial GFA at grade. 30 residential units are proposed, ranging in size from 1-bedroom units to 3-bedroom units. Separate entrances for the residential and commercial components are included in the front façade. Indoor amenity space is proposed on the 7th storey adjacent to outdoor amenity space.A road widening of 3.5 m is proposed along Danforth Avenue and a road widening of 1.17 m is proposed on the rear laneway. Access to parking is from the rear laneway. A total of 21 parking spaces are proposed, including 18 spaces for residents within a parking stacker system, and 3 spaces for visitors a grade, one of which will be an accessible space. 22 bicycle parking spaces are provided.


    740 m away

  • 3093 DANFORTH AVESite planUnder Review

    The proposed development contemplates a 7-storey (25.1 metres) mixed-use building with a total of 2807 square metres of residential GFA and 125 square metres of commercial GFA at grade. 30 residential units are proposed, ranging in size from 1-bedroom units to 3-bedroom units. Separate entrances for the residential and commercial components are included in the front façade. Indoor amenity space is proposed on the 7th storey adjacent to outdoor amenity space.A road widening of 3.5 m is proposed along Danforth Avenue and a road widening of 1.17 m is proposed on the rear laneway. Access to parking is from the rear laneway. A total of 21 parking spaces are proposed, including 18 spaces for residents within a parking stacker system, and 3 spaces for visitors a grade, one of which will be an accessible space. 22 bicycle parking spaces are provided.


    750 m away

  • 3095 DANFORTH AVESite planUnder Review

    The proposed development contemplates a 7-storey (25.1 metres) mixed-use building with a total of 2807 square metres of residential GFA and 125 square metres of commercial GFA at grade. 30 residential units are proposed, ranging in size from 1-bedroom units to 3-bedroom units. Separate entrances for the residential and commercial components are included in the front façade. Indoor amenity space is proposed on the 7th storey adjacent to outdoor amenity space.A road widening of 3.5 m is proposed along Danforth Avenue and a road widening of 1.17 m is proposed on the rear laneway. Access to parking is from the rear laneway. A total of 21 parking spaces are proposed, including 18 spaces for residents within a parking stacker system, and 3 spaces for visitors a grade, one of which will be an accessible space. 22 bicycle parking spaces are provided.


    750 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Total land transfer tax
$12,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$4,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $499,000
$1,980
Ontario total
$6,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

12 building permits cleared at this address in the City’s file.

  • Garage Repair/ReconstructionPermit Issued

    Proposed restoration and protection of the underground parking garage.

    Issued December 18, 2023

  • Other(FS)Inspection

    Fire security upgrades to the P1 exit doors, include repainting doors to meet local code and standards, removing, adjusting and installing new exit emergency lighting heads and installing new pull stations where required.

    Issued April 26, 2022

  • Other(FS)Inspection

    Fire sprinkler supply and install new dry valve system in parking level 1/basement generator room of apartment building

    Issued October 29, 2021

  • Other(BA)Inspection

    Proposal for waterproofing and concrete repairs to the hydro vault in an existing apartment building.

    Issued June 1, 2021

  • Garage Repair/ReconstructionClosed

    Proposal for waterproofing and concrete repairs to the parking garage of an existing apartment building.

    Issued October 5, 2020

  • Window ReplacementInspection

    Proposal for masonry/shelf angle repair and window replacement in an existing apartment building.

    Issued April 26, 2019

  • Garage Repair/ReconstructionInspection

    Proposal for waterproofing and concrete repairs to parking garage.

    Issued March 20, 2018

  • Garage Repair/ReconstructionClosed

    Proposal for concrete repairs in parking garage

    Issued February 10, 2016

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Crescent Town Elementary SchoolToronto DSBPublic · grades JK–550 m68%Grade 3 average
St Nicholas Catholic SchoolToronto CDSBCatholic · grades JK–8750 m74%Grade 6 average
St Dunstan Catholic SchoolToronto CDSBCatholic · grades JK–8800 m79%Grade 6 average
ÉÉC Georges-Étienne-CartierConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–63 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Malvern Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion1.5 km78%Grade 9 math
Notre Dame Catholic High SchoolToronto CDSBCatholic · grades 9–121.7 km67%Grade 9 math
Neil McNeil High SchoolToronto CDSBCatholic · grades 9–122.1 km69%Grade 9 math
École secondaire Michelle-O'BonsawinConseil scolaire ViamondeFrench-language public · grades 9–123.5 km79%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Victoria Park StationTTC subway: Line 2 Bloor-Danforth400 m
Main Street StationTTC subway: Line 2 Bloor-Danforth1.1 km
Danforth GOGO Transit train: Lakeshore East1.3 km
Woodbine StationTTC subway: Line 2 Bloor-Danforth1.9 km
O'Connor StationTTC light rail: Line 5 Eglinton3.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Zone

RAC (d2.0) (x155)

By-law

569-2013

Municipality

Toronto
Residential Apartment Commercial zone (RAC)
  1. 1 d2.0

    Density: floor area is capped at 2.0 times the lot area.

  2. 2 x155

    Site-specific exception 155: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(155)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $99,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$99,800
Total mortgage amount
$399,200
Total interest payment
$283,900
Total purchase cost
$782,900
Mortgage payment
$2,277/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

14%

Monthly carrying cost

$3,341
$159per month
  • Carrying cost $3,341
  • Surplus $159

Rental income opens at $3,500, the median asking rent of 618 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Recently sold nearby

Sold prices in Crescent Town are shown to signed-in members.

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