818-50 Power Street, Toronto, ON

Moss Park, Toronto · MLS® C13412938

$549,000
For Sale
Listed 46 days ago
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2Bedrooms
2Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to contemporary urban living in one of Toronto's most vibrant and connected neighbourhoods. This bright and spacious west-facing suite features 2 bedrooms and 2 full bathrooms, thoughtfully designed with a functional layout, 9-foot smooth ceilings, and modern finishes throughout.The stylish kitchen is equipped with brand-new stainless steel appliances, while the open-concept living space is perfect for both everyday living and entertaining. Residents are welcomed by an impressive double-height lobby with 24-hour concierge service and the convenience of retail shops located right within the building.With TTC access at your doorstep and surrounded by an energetic community filled with dining, shopping, and entertainment options, this is city living at its finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13412938
Bedrooms
2
Bathrooms
2
Size
500-599
Cross streets
Richmond St. E + Parliament St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$432/mo
Exposure
West
Property tax
$2,602 / 2025
Days on market
46
Listing brokerage
KELLER WILLIAMS EDGE REALTY
Our TakeTeam Asgarian · Broker
Above comparables
$526Kest. value

Listed at $549,000, and my independent estimate is about 4% above what comparable homes suggest.

In Moss Park lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$500KGreat deal$549KOverpriced

Total price vs nearby homes. Fair value about $526K, median of 11 comparables.

How this estimate is builtthe short version

I take the 11 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $498K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 11 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Moss Park · asking prices
$561kavg asking

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

3207-319 Jarvis Street$531k2515-319 Jarvis Street$560k4908-319 Jarvis Street$560k824-28 Eastern Avenue$574k614-230 King Street$579k

The 5 closest of 8 active listings nearby.

See all comparable homes
549kThis home531k560k560k574k579kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $548K
$999this home / sqft
53active listings nearby
46days on market
99sold nearby · 90 days
$620Kmedian sold price
96%of asking, on average

This home lists 12% above the area average of $895/sqft.

45 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.

Nearby neighbourhoods

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

Waterfront Communities C8
$621K
Waterfront Communities C1
$647K
Church-Yonge Corridor
$583K
Mount Pleasant West
$632K
Mimico
$662K

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
$2,502/mo
$114KIncome needed
4.8×Price ÷ income
$577Weekly 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.

79%mortgage
Mortgage $2,502Property tax $217Condo fee $432Total carry $3,151

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$2,993Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$217
Condo / maintenance fees
$432
Heating
$0
Estimated monthly cost
$2,993

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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$1,700/mo
$20,400Gross annual rent
1.8%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.

3.7%
Gross yield
− Property tax $2,602− Condo fees $5,188− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,766

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

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