5 Massey Sq 2810
Crescent Town, Scarborough, M4C 5L6
FOR SALE
$429,900
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Property Description
A Great Start in the East End! This spacious and beautifully updated two-bedroom unit is perfect for first-time buyers. The large living area provides plenty of space to relax after a long day or a great space to host a wonderful dinner party. You'll surely enjoy the recently renovated kitchen with quartz countertops, deep double stainless sink and a new stove, hood vent and dishwasher. The updated, beautifully designed, modern bathroom adds a serene retreat to relax in style. And to top it off, the closet and storage space in this unit is unbeatable. An abundance of natural light pours into this southeast facing unit. Take advantage of the large balcony, perfect for casual outdoor dining or unwinding with a book while enjoying the beautiful view of Lake Ontario. Situated just a 5-minute walk from Victoria Park Subway Station, you'll have seamless access to downtown Toronto and the lively Danforth Village, known for its charming cafes, restaurants, and unique shops. Nature is nearby with Taylor Massey Creek, Dentonia Park, and trails for biking and walking just around the corner. This building provides access to wonderful amenities including a fitness center, swimming pool, squash courts, and 24/7 on-site security. Plus, the maintenance fee covers hydro, and water for your convenience. This is a do-not-miss fabulous opportunity to enter the Toronto real estate market and enjoy east-end living.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-12 | 2025-01-08 | 57 | $499,900 | - | Terminated |
| 2024-09-03 | 2024-11-12 | 70 | $524,900 | - | Terminated |
| 2021-10-28 | 2021-11-18 | 21 | $399,900 | $450,000 | Sold |
| 2021-08-03 | 2021-10-02 | 60 | $449,000 | - | Expired |
| 2021-07-24 | 2021-08-03 | 10 | $499,000 | - | Terminated |
Nearby Intersections
Property Features
Golf, Library, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,116 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.50' x 21.39' | |
| Dining | Flat | 7.25' x 9.74' | |
| Kitchen | Flat | 7.09' x 11.52' | |
| Prim Bdrm | Flat | 10.99' x 14.83' | |
| 2nd Br | Flat | 9.15' x 13.25' |
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Scarborough Market Statistics
Scarborough Price Trend
5 Massey Sq 2810 is a 2-bedroom 1-bathroom condo listed for sale at $429,900, which is $301,785 (41.2%) lower than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Scarborough over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Scarborough over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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