807-323 Richmond Street, Toronto, ON
Moss Park, Toronto · MLS® C13016854
About this home
Visit REALTOR website for additional information. Step into modern urban living at its finest in this beautifully designed 3-bedroom condo at 323Richmond St E.Offering a smart, spacious layout, this suite perfectly balances comfort and functionality,making it ideal for families, professionals, or investors alike.The open-concept living and dining area is filled with natural light and flows seamlessly intoa contemporary kitchen, creating an inviting space for both everyday living and entertaining.Three generously sized bedrooms provide flexibility for a growing family, home office, or guestaccommodations. With two full bathrooms, convenience and privacy are thoughtfully built intothe design.Located in a vibrant downtown neighbourhood, you're just steps from trendy cafes, restaurants,parks, and transit options, with easy access to the Distillery District, St. Lawrence Market,and the Financial District. Enjoy the best of city living while coming home to a comfortableand well-laid-out space.A rare opportunity to own a stylish and functional 3-bedroom condo in one of Toronto's mostsought-after locations.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13016854
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Richmond And Sherbourne
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $863/mo
- Exposure
- North
- Property tax
- $3,303 / 2025
- Days on market
- 95
- Listing brokerage
- PG DIRECT REALTY LTD.
Rooms
Listed at $890,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
In Moss Park lately, sellers have been getting about 97% of asking and homes sell in about 35 days.
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 27 similar homes nearby, adjusted for size, beds, and baths.Median of 27 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $653K, lower than the comparables and worth a second look.
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 +$12K
- Adjusts to $937K
That comparable adjusts to $937K; the $870K estimate above is the median of all 27 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 Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $870K, median of 27 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $948/sqft.
94 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $712,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,799
- Property tax
- $275
- Condo / maintenance fees
- $863
- Heating
- $0
- Estimated monthly cost
- $4,938
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,275
- Toronto municipal land transfer tax
- $14,275
- Estimated closing costs
- $28,550
Plus your down payment of $178,000. 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
- $227,970
- Principal paid down
- $90,673
- Interest paid
- $137,296
- Balance remaining
- $621,327
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 PG DIRECT REALTY LTD.. MLS®/PropTx.