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Listed 1 month ago

2603 - 1 Massey Square

Crescent Town, Toronto

$450,000

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

Incredible value at 1 Massey Square! This spacious 2-bedroom condo in the desirable Crescent Town community is just steps from Victoria Park Subway Station. Enjoy a bright open-concept living and dining area with beautiful east-facing golf course views, a large primary bedroom with walk-in closet, and ample storage throughout. Residents enjoy free membership to the Crescent Town Club with access to a pool, gym, basketball, squash, handball, and tennis courts. Low maintenance fees include heat, hydro, and water. Conveniently located near shopping, daycare, medical services, and everyday amenities. An excellent opportunity for first-time buyers and investors alike.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$839
LockerCommon
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,184
mls© NumberE13524762
Listed ByKELLER WILLIAMS EMPOWERED REALTY
Cable TV Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Water Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,303
Property tax
$99
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$2,971 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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