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1 / 0
New2 hours ago

2811 - 5 Massey Square

Crescent Town, Toronto

$390,000

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

Bright, Spacious, And Functional 2-Bedroom Condo Offering Exceptional Value And Effortless City Living. Features A Light-Filled Layout With A Generous Living Area, Full-Size Dining Room, Large Windows, And A Private Balcony With Eastern Views Extending To The Beaches On Clear Days. Located In A Well-Managed Building With Top-Tier Amenities: Indoor Pool, Gym, Jogging Track, Basketball/Squash Courts, And More. All-Inclusive Maintenance Fees Cover All Utilities For Worry-Free Monthly Budgeting. Unbeatable Location Right Across From Victoria Park Subway Station - Just ~20 Mins To Downtown. Steps To Metro, Loblaws, LCBO, Schools, And Parks. Perfect For First-Time Buyers, Downsizers, Or Investors!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size900-999 sq. ft.
Maintenance Fees$839
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesCovered
Property Tax$1,191
mls© NumberE13694694
Listed ByLPT REALTY
Heat Included
Hydro Included
Common Elements Included
Building Insurance Included
Water 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%
$1,996
Property tax
$99
Heat allowance
$150
Condo fees, half counted
$420
Housing costs
$2,665 / mo

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

Down payment20% · $78,000
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$78,000

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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