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Price Change$399,000

1508 - 5 Massey Square

Crescent Town, Toronto

$425,000

Condo Apartment |
2 + 1 | 1 | 1 | 0
About this home

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.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size900-999 sq. ft.
Maintenance Fees$839
LockerNone
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,199
mls© NumberE13507236
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included
Water Included
Cable TV Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,175
Property tax
$100
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$2,845 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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