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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Crescent Town. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $400,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Motivated Seller!Nestled in Crescent Town, this fully renovated 2-bedroom condo at 1 Massey Square offers modern upgrades and great value. Located on a higher floor, it features bright, open living with new engineered vinyl flooring, a stylish kitchen with quartz countertops, stainless steel appliances, extended cabinetry, and a sleek backsplash. Enjoy an updated washroom, pot lights, and convenient in-suite laundry.Residents have access to top amenities including a gym, indoor pool, sauna, basketball and squash courts, and 24-hour security. Just steps from Victoria Park Subway Station, schools, daycares, parks, clinics, and shopping-only 20 minutes from downtown Toronto. // Fees:$673 Annual Fee: Includes appliance usage (dishwasher, washer, dryer)// $867 Monthly Fee: Includes hydro, water, heat, cable, common area maintenance, free community center membership, and 1 parking spot. Fee can be reduced if parking isn't required.Additional perks include 60% off Bell Internet and access to both ensuite laundry and the building's shared laundry room.Currently no A/C unit installed (a small annual fee applies if added).A move-in ready gem in a vibrant, family-friendly neighborhood!
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Data-driven valuation for 1 Massey Square 2001, Toronto E03, ON M4C 5L4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $400,000 in Toronto, the legal minimum down payment is $20,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.