5 Massey Square 1508, Toronto E03

$399,000
5 Massey Square 1508

$399,000

New
21d
Condo ApartmentApartment

5 Massey Square 1508, Toronto E03

Total Monthly Obligation $2,748

HausQ Valuation Report
Bed+Den
3+1
Baths
1
Park
1
Sqft
900-999
DOM
21d
Score
21
Yield
7.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-E13857770
Bed+Den-3+1
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,199 (2026)
Maintenance-$839.07/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Other (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Possession-Flexible
Neighbourhood-Crescent Town
Title-Residential Condo & Other

No agent assigned

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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,748/mo
Mortgage $1,609
Monthly Loss $2,325
Principal$424
Interest$1,186
Property Tax$100
Condo Fees$839
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.8%41
10-Year IRR
11.5%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,360/yr
NOI
$13,656/yr
Net Cash Flow
-$471/mo
Cash Margin
-18.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Massey Square 1508

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.