- Bedrooms
- 2+1
- Bathrooms
- 1
- Size
- 900–999sq ft
- Per sq ft
- $420at the range’s middle
- Tax a year
- $1,1992026 tax year
- Built
- 51-99
- Parking
- 0underground
- Days on market
- Members
The brief
About 1508-5 Massey Sq
1508-5 Massey Sq is a 2+1-bedroom, 1-bathroom condo in Crescent Town, Toronto, listed for sale at an asking price of $399,000 (MLS® E13857770).
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.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong85/100+$690/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 610 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.
The home
Key facts
- Tax
- $1,199 / 2026
- MLS® number
- E13857770
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 51-99
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Crescent Town
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- None
- Heating Type
- Other
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $839
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 3.35 × 4.69 m | Carpet Free | Main |
| Living | 3.6 × 7.21 m | Carpet Free | Main |
| 2nd Br | 3.04 × 4.11 m | Carpet Free | Main |
| Kitchen | 2.18 × 3.5 m | — | Main |
Listing history
Buy/sell history for 1508-5 Massey Sq, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $399,000 | N/A | Sc | E13857770 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $79,800
- Total mortgage amount
- $319,200
- Total interest payment
- $227,100
- Total purchase cost
- $626,100
- Mortgage payment
- $1,821/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$2,760- Carrying cost $2,760
- Surplus $690
Rental income opens at $3,450, the median asking rent of 610 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,460
- Toronto municipal land transfer tax
- $4,460
- Total land transfer tax
- $8,920
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,460
- Total for first-time buyers
- $460
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 $399,000
- $2,235
- Ontario total
- $4,460
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,460.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
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.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 4 building permits issued within 250 m in the last 2 years250 m
- Mapped parcel: about 366,190 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 880 m880 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Tradition Fine Foods Ltd., 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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.
Zoning
Zone
RAC (d2.0) (x155)By-law
569-2013Municipality
Toronto1 d2.0
Density: floor area is capped at 2.0 times the lot area.
2 x155
Site-specific exception 155: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(155)
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.
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.
Signals around this home
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.
710 m away3089 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 away3093 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 away3095 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.
The market
Condos for sale in Crescent Town right now
- For sale now
- 23
- Median asking price
- $400K
- New in 7 days
- 1
- Price cuts
- 9%
Middle half: $373K to $445K
7 in 28 days
2 listings
This home is asking at the median.
See all homes in Crescent TownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Victoria Park Station | TTC subway: Line 2 Bloor-Danforth | 400 m |
| Main Street Station | TTC subway: Line 2 Bloor-Danforth | 1.1 km |
| Danforth GO | GO Transit train: Lakeshore East | 1.3 km |
| Woodbine Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| O'Connor Station | TTC light rail: Line 5 Eglinton | 3.2 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.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Crescent Town Elementary SchoolToronto DSB | Public · grades JK–5 | 50 m | 68%Grade 3 average |
| St Nicholas Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 74%Grade 6 average |
| St Dunstan Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 79%Grade 6 average |
| ÉÉC Georges-Étienne-CartierConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Malvern Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.5 km | 78%Grade 9 math |
| Notre Dame Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 1.7 km | 67%Grade 9 math |
| Neil McNeil High SchoolToronto CDSB | Catholic · grades 9–12 | 2.1 km | 69%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 3.5 km | 79%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.
The verdict
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Recently sold nearby
Sold prices in Crescent Town are shown to signed-in members.