2015-460 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C13237164

$585,000
For Sale
Listed 44 days ago
2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to this bright and modern 1+Den corner suite at Axiom Condos by Greenpark Homes, located in Toronto's sought-after Old Town. Situated on the 20th floor, this unit offers unobstructed south city views and excellent natural light throughout. The well-designed 662 sq ft layout features a spacious kitchen and dining area, a comfortable living room, a large primary bedroom, and an open-concept den-ideal for a home office or guest space. Enjoy 9-ft ceilings, floor-to-ceiling windows, engineered hardwood flooring, ensuite laundry, and ample storage. Step outside to a generous 125 sq ft open balcony. The modern kitchen includes stainless steel appliances, quartz countertops, a stylish backsplash, and sleek cabinetry. The bedroom offers two large closets and a 4-piece ensuite bath, with the den also providing access to the bathroom for added convenience. One storage locker is included. Building amenities include 24-hour concierge, gym, sauna, yoga room, party/meeting room, outdoor terrace, media and games rooms, pet spa, guest suites, and more. Ideally located minutes to the DVP and Gardiner, Don Valley trails, Evergreen Brick Works, Distillery District, St. Lawrence Market, and Toronto's downtown core. Easy access to transit, subway lines, waterfront, George Brown College, restaurants, cafes, and parks.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13237164
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
ADELAIDE ST E / SHERBOURNE ST
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$498/mo
Exposure
South
Property tax
$2,881 / 2026
Days on market
44
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

KitchenFlat7.50 × 3.20 m

stainless steel appl · window floor to ceiling · backsplash

Primary BedroomFlat3.35 × 3.05 m

closet · window floor to ceiling · 4 pc ensuite

DenFlat2.69 × 2.54 m

open concept · hardwood floor · 4 pc ensuite

Dining RoomFlat7.50 × 3.20 m

w/o to balcony · window floor to ceiling · hardwood floor

Living RoomFlat7.50 × 3.20 m

open concept · window floor to ceiling · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$571Kest. value

Listed at $585,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $554K, 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 $550K
  • Bathrooms −$15K
  • Adjusts to $535K

That comparable adjusts to $535K; the $571K estimate above is the median of all 26 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 Market Lane Junior and Senior Public 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. Sherbourne St at Adelaide St East North Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$540KGreat deal$610KOverpriced

Total price vs nearby homes. Fair value about $571K, median of 26 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Lifestyle
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$591kavg asking

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

S703-112 George Street$589k1014-158 Front Street$590k1402-158 Front Street$609k214-158 Front Street$610k1123-460 Adelaide Street$559k

The 5 closest of 8 active listings nearby.

See all comparable homes
585kThis home589k590k609k610k559kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $555K
$901this home / sqft
63active listings nearby
44days on market

This home lists 0% above the area average of $904/sqft.

On the market now.

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

85/ 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: Sherbourne St at Adelaide St East North Side, about 138 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.

Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Annex
$1.39M
Banbury-Don Mills
$500K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,666/mo
$122KIncome needed
4.8×Price ÷ income
$615Weekly 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 $2,666Property tax $240Condo fee $498Total carry $3,404

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,497per month

Mortgage amount $468,000 · 4.14% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$3,236Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,497
Property tax
$240
Condo / maintenance fees
$498
Heating
$0
Estimated monthly cost
$3,236

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

One-time closing costs

Ontario land transfer tax
$8,175
Toronto municipal land transfer tax
$8,175
Estimated closing costs
$16,350

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,033/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

$281,227Total interest paid
$749,227Total of all payments
Principal $468,000 Interest $281,227
YearPrincipalInterestBalance
1$10,964$19,005$457,036
2$11,422$18,547$445,614
3$11,900$18,069$433,714
4$12,398$17,571$421,316
5$12,916$17,053$408,400
6$13,457$16,512$394,943
7$14,019$15,950$380,924
8$14,606$15,363$366,318
9$15,217$14,752$351,101
10$15,853$14,116$335,248
11$16,516$13,453$318,732
12$17,207$12,762$301,524
13$17,927$12,042$283,597
14$18,677$11,292$264,920
15$19,458$10,511$245,462
16$20,272$9,697$225,190
17$21,120$8,849$204,070
18$22,003$7,966$182,067
19$22,924$7,045$159,143
20$23,883$6,086$135,260
21$24,882$5,087$110,379
22$25,922$4,047$84,456
23$27,007$2,962$57,450
24$28,136$1,833$29,313
25$29,313$656$0

At the end of your 5-year term

Total paid over the term
$149,845
Principal paid down
$59,600
Interest paid
$90,245
Balance remaining
$408,400

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$2,050/mo
$24,600Gross annual rent
2.1%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.

4.2%
Gross yield
− Property tax $2,881− Condo fees $5,973− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,440

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

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