523-50 Power Street, Toronto, ON

Moss Park, Toronto · MLS® C12793164

$829,000
For Sale
Listed 151 days ago
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4Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

3 Bed + Den | 2 Full Baths | Parking + Locker | 10' Ceilings | Concierge. Find yourself at home in this modern, light-filled residence located in the heart of one of Toronto's most vibrant neighbourhoods. Featuring over 10-foot smooth ceilings and expansive windows, this spacious 3-bedroom + den layout offers an effortless indoor-outdoor flow and an abundance of natural light throughout.The thoughtfully designed floor plan includes brand new stainless steel appliances, sleek finishes, and functional living space ideal for families or professionals working from home. The versatile den provides the perfect home office or flex space.Retreat to serene bedrooms designed for comfort and relaxation, while the spa-inspired full bathrooms feature fully tiled surrounds, contemporary vanities, and refined finishes that create a calm, elevated atmosphere.This 5-star building welcomes you with a stunning double-height lobby and 24-hour concierge, offering a lifestyle of convenience and security. Premium amenities include a fitness & yoga studio, artist workspace, pet spa, event room with caterer's kitchen, meeting lounge, games room, steam rooms, community garden, outdoor grills with fireplace, and more.Located steps from TTC and surrounded by Toronto's most dynamic destinations - including the historic Distillery District and St. Lawrence Market - this is urban living at its finest.Complete with 1 parking space, locker, and window coverings, this modern abode places you exactly where you want to be.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12793164
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
900-999
Cross streets
Parliament St/Adelaide St. E.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding
Maintenance
$749/mo
Exposure
South West
Property tax
$3,944 / 2025
Days on market
151
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.02Mest. value

Listed at $829,000, this home is tracking about 19% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $941K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $925K
  • Bedrooms +$30K
  • Adjusts to $955K

That comparable adjusts to $955K; the $1.02M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Parliament St at Richmond St East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$829KGreat deal$1.11MOverpriced

Total price vs nearby homes. Fair value about $1.02M, median of 7 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$965kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

419-50 Power St Street$825k303-311 Richmond Street$925k1003-28 Eastern Avenue$945k3810-180 Front Street$978k2903-284 King Street$1.15M

The 5 closest of 6 active listings nearby.

See all comparable homes
829kThis home825k925k945k978k1.15MThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $978K
$873this home / sqft
7active listings nearby
151days on market

This home lists 16% below the area average of $1,039/sqft.

150 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Moss Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Parliament St at Richmond St East, about 65 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$644K
Waterfront Communities C1
$698K
Annex
$929K
Banbury-Don Mills
$500K
Mimico
$872K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$3,778/mo
$172KIncome needed
4.8×Price ÷ income
$872Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $3,778Property tax $329Condo fee $749Total carry $4,856

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,539per month

Mortgage amount $663,200 · 4.14% over 25 years

$165,800Down payment (20.0%)
$663,200Loan before insurance
$0CMHC premium
$4,617Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,539
Property tax
$329
Condo / maintenance fees
$749
Heating
$0
Estimated monthly cost
$4,617

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$13,055
Toronto municipal land transfer tax
$13,055
Estimated closing costs
$26,110

Plus your down payment of $165,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,299/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$398,524Total interest paid
$1,061,724Total of all payments
Principal $663,200 Interest $398,524
YearPrincipalInterestBalance
1$15,536$26,932$647,664
2$16,186$26,283$631,477
3$16,863$25,606$614,614
4$17,569$24,900$597,045
5$18,304$24,165$578,741
6$19,069$23,400$559,672
7$19,867$22,602$539,805
8$20,698$21,771$519,107
9$21,564$20,905$497,544
10$22,466$20,003$475,078
11$23,405$19,064$451,673
12$24,384$18,085$427,288
13$25,404$17,065$401,884
14$26,467$16,002$375,417
15$27,574$14,895$347,843
16$28,727$13,742$319,116
17$29,929$12,540$289,187
18$31,181$11,288$258,006
19$32,485$9,984$225,520
20$33,844$8,625$191,676
21$35,260$7,209$156,417
22$36,734$5,735$119,682
23$38,271$4,198$81,411
24$39,872$2,597$41,540
25$41,540$929$0

At the end of your 5-year term

Total paid over the term
$212,345
Principal paid down
$84,459
Interest paid
$127,886
Balance remaining
$578,741

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.4%
Gross yield
− Property tax $3,944− Condo fees $8,984− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,047

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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