78 Crescent Road, Moore Park: A Four-Suite, Self-Managed Condo

78 Crescent Road is not a condo building in the way most buyers picture one. It is a 1988 condominium of four suites on one of the quietest streets in Rosedale-Moore Park, with no management company and suites closer in size to a house than an apartment. If you want house-scale space without a whole house to look after, it deserves a look, but only if you understand what owning one quarter of a building really means. I’m Jatin Dua, RE/MAX Quantum Realty.

Four suites, and four owners running the building

With only four suites, MTCC-772 is one of the smallest condominium corporations in the city. That shapes everything: there is no concierge, no amenity floor and, according to the building record, no property management company. The owners run the corporation themselves.

Self-management can work very well in a building this size. Costs stay low, decisions are quick, and the people making them live behind the same front door. It can also work badly, because the paperwork, the insurance renewal, the reserve fund study and the contractor calls all fall on a small group of volunteers.

So the first thing I want to know about any self-managed building is who actually does the work, and whether it is written down. Ask who keeps the books, who holds the insurance policy, when the last reserve fund study was done and who prepares the status certificate. If those answers are clear and current, self-management is a strength. If they are vague, treat that as a reason to slow down.

House-sized suites on a Moore Park street

Suites here run from about 1,272 sq ft to almost 3,000 sq ft. At the top of that range, you are buying the floor area of a good-sized Moore Park semi or small detached house, inside a condominium. That is the whole appeal: the space and the address without the roof, the snow and the exterior upkeep landing on you alone.

The building record lists it as a low-rise condo, and the floor count it gives is unusual enough that I would confirm the format of each suite in person. In buildings this small, every suite tends to be different, with its own entrance, its own stairs and its own outdoor space. Do not assume a neighbour’s plan tells you anything about the one you are seeing.

Crescent Road itself is part of the draw. It is a winding residential street of large older houses and mature trees, with a handful of small condominiums and townhouse groups mixed in. Castlemere at 75 Crescent Road, 80 Crescent Road and the townhouses at 94 Crescent Road are all close by, and all are small.

What the fee does and does not cover

The maintenance fee includes common elements, building insurance, parking and water. Heat and hydro are not listed, so expect to carry them yourself, and on a suite of 2,000 sq ft or more those bills are a real line in your budget.

Parking being inside the fee is a genuine advantage on a residential street like Crescent Road, where you do not want to depend on the street for a car. Confirm how many spaces belong to the suite you are buying and where they are, because in a four-suite building that can differ from one suite to the next.

Building insurance in the fee covers the corporation’s policy, not your own contents and improvements. In a small building with large, often heavily renovated suites, check what the corporation’s policy defines as the standard unit, and insure the rest yourself.

The daily reality of living here

This is a quiet, residential part of Rosedale-Moore Park. You are on a side street rather than an arterial, so traffic noise is low and the setting is mostly trees and houses. The Yonge Street shops and services are a walk away, and the ravine trails that run through Rosedale and Moore Park are close.

The building lists a security system, bike storage and permission for barbecues, and it notes a pet restriction. I could not find the details of that restriction, so if you have a dog or cat, read the declaration and rules before you make an offer. Transit, schools and Walk Score are shown in the data panel on this page.

Pricing and fees at 78 Crescent Road

Condos.ca puts the building average at about $867 per square foot. With four suites, that number is built on very few sales, so treat it as a rough marker rather than a market price. One sale of a large or heavily renovated suite can move it a long way.

For local context, Castlemere at 75 Crescent Road, a 1986 building of 13 suites across the street, averages about $763 per square foot. The premium here is consistent with larger suites and a smaller, more private building, but each sale on this street is closer to a house appraisal than a condo comparison.

When I checked, a single suite was listed for sale and nothing was listed for lease. Because there is only one listing, I am not quoting its price or fee here. If you are serious about this building, ask me for the building sold report so you can see the recorded resale history before you decide what a suite is worth.

Building specifications

Amenities at 78 Crescent Road Condos

There is no amenity package in the usual sense, and that is the point. You are paying for space, privacy and a quiet street, not for a gym or a party room, so compare this building with a house rather than with a tower.

Jatin’s honest take on 78 Crescent Road Condos

78 Crescent Road Condos — frequently asked questions

Looking at Yorkville, the Annex and Midtown more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.