532-50 Power Street, Toronto, ON
Moss Park, Toronto · MLS® C12831858
About this home
Welcome to modern city living at its finest in this spectacular 1-bedroom suite at the highly sought-after 'Home on Power' condos, located at 50 Power St. in Toronto's vibrant Corktown neighbourhood. Step inside this impeccably designed unit and be greeted by soaring high ceilings and an abundance of natural light. The thoughtfully crafted, open-concept kitchen features sleek finishes and premium appliances, creating the perfect space for cooking and entertaining. The living area flows seamlessly to the outdoors, where you will find one of the unit's standout features: a magnificent, oversized balcony offering fantastic, unobstructed North-facing views of the city. Developed by the acclaimed Great Gulf and Hullmark, this building provides residents with world-class, resort-style amenities. Enjoy exclusive access to a breathtaking rooftop pool and sun deck, a state-of-the-art fitness centre with a yoga studio, rejuvenating steam rooms, an innovative artist's workspace, and versatile co-working lounges ideal for remote work. Entertain guests in the stylish party lounge, or head outside to the beautifully landscaped terrace complete with BBQ grills and a cozy fireplace. The building also offers a dedicated pet spa, games room, and 24-hour concierge. Situated at the dynamic intersection of Power and Adelaide, you are just steps away from the historic Distillery District, St. Lawrence Market, and Corktown Common. Surrounded by trendy cafes, boutique shops, and acclaimed restaurants, the neighborhood boasts an outstanding Walk Score. With the TTC streetcar right at your doorstep and quick access to the DVP and Gardiner Expressway, commuting across the city is an absolute breeze. Whether you are a young professional, a first-time buyer, or an investor looking for a premium property, this pristine urban retreat has it all. Book your showing today!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C12831858
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Adelaide St. E & Power Street
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $377/mo
- Exposure
- North
- Property tax
- $2,187 / 2025
- Days on market
- 140
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · closet
laminate · stainless steel appl · modern kitchen
laminate · combined w/dining · w/o to balcony
laminate · combined w/living · track lighting
Listed at $398,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $445K, 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 $425K
- Adjusts to $425K
That comparable adjusts to $425K; the $425K estimate above is the median of all 9 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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $425K, median of 9 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 11% below the area average of $1,804/sqft.
139 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Moss Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $319,040 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,703
- Property tax
- $182
- Condo / maintenance fees
- $377
- Heating
- $0
- Estimated monthly cost
- $2,262
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,457
- Toronto municipal land transfer tax
- $4,457
- Estimated closing costs
- $8,914
Plus your down payment of $79,760. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $102,151
- Principal paid down
- $40,630
- Interest paid
- $61,521
- Balance remaining
- $278,410
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.