608-32 Trolley Crescent, Toronto, ON

Moss Park, Toronto · MLS® C13415448

$860,000
For Sale
Listed 43 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft
12 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to River City 2, an award-winning architectural landmark offering modern loft-style living at its finest. This sun-filled two-bedroom, two-bathroom condo features a bright south-facing exposure with floor-to-ceiling and wall-to-wall windows that flood the space with natural light. Enjoy a full-length open balcony, perfect for relaxing or entertaining.The unit boasts a sleek, contemporary design with nine-foot exposed concrete ceilings, engineered hardwood flooring, and a stylish kitchen complete with stainless steel appliances. A convenient two-in-one washer and dryer adds to the functionality of the space.Residents enjoy access to premium amenities, including a fully equipped fitness centre, rooftop terrace, lap pool, and party room.This unit includes one parking space, one locker, and three bike racks-an exceptional offering for urban living.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13415448
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
King E & Lower River
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$795/mo
Exposure
South
Property tax
$4,268 / 2026
Days on market
43
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 2Main12.20 × 9.19 m

hardwood floor · sliding doors · south view

KitchenMain0.00 × 0.00 m

hardwood floor · open concept · stainless steel appl

Dining RoomMain23.10 × 17.59 m

open concept · hardwood floor · south view

Living RoomMain23.10 × 17.59 m

hardwood floor · combined w/dining · w/o to balcony

Primary BedroomMain12.96 × 11.91 m

hardwood floor · 3 pc ensuite · closet

Moe’s TakeTeam Asgarian · Broker
In line
$830Kest. value

Listed at $860,000, this home is right in line with comparable homes. 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 33 days.

Based on 93 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 93 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $730K, a bit lower.

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, sold for $677K
  • Adjusts to $677K

That comparable adjusts to $677K; the $830K estimate above is the median of all 93 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Queen Alexandra Middle 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. River Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$779KGreat deal$878KOverpriced

Total price vs nearby homes. Fair value about $830K, median of 93 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$931kavg asking

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

310-549 King Street$844k301-90 Sherbourne Street$949k402-52 Sumach Street$999k

The 3 closest active listings nearby.

See all comparable homes
860kThis home844k949k999kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $949K
$906this home / sqft
5active listings nearby
43days on market
100sold nearby · 90 days
$607Kmedian sold price
97%of asking, on average

This home lists 7% above the area average of $850/sqft.

42 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

95/ 100

Walker's ParadiseA 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: River Street, about 85 m away

20+ transit stops14 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
$985K
Church-Yonge Corridor
$569K
Waterfront Communities C1
$645K
Annex
$513K
Niagara
$715K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$3,920/mo
$179KIncome needed
4.8×Price ÷ income
$905Weekly 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.

77%mortgage
Mortgage $3,920Property tax $356Condo fee $795Total carry $5,070

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,671per month

Mortgage amount $688,000 · 4.14% over 25 years

$172,000Down payment (20.0%)
$688,000Loan before insurance
$0CMHC premium
$4,822Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$356
Condo / maintenance fees
$795
Heating
$0
Estimated monthly cost
$4,822

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

One-time closing costs

Ontario land transfer tax
$13,675
Toronto municipal land transfer tax
$13,675
Estimated closing costs
$27,350

Plus your down payment of $172,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,459/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

$413,427Total interest paid
$1,101,427Total of all payments
Principal $688,000 Interest $413,427
YearPrincipalInterestBalance
1$16,117$27,940$671,883
2$16,792$27,265$655,091
3$17,494$26,563$637,597
4$18,226$25,831$619,371
5$18,988$25,069$600,383
6$19,782$24,275$580,601
7$20,610$23,447$559,991
8$21,472$22,585$538,519
9$22,370$21,687$516,149
10$23,306$20,751$492,843
11$24,281$19,777$468,563
12$25,296$18,761$443,266
13$26,354$17,703$416,912
14$27,457$16,600$389,455
15$28,605$15,452$360,850
16$29,802$14,255$331,049
17$31,048$13,009$300,000
18$32,347$11,710$267,654
19$33,700$10,357$233,954
20$35,110$8,948$198,844
21$36,578$7,479$162,266
22$38,108$5,949$124,158
23$39,702$4,355$84,456
24$41,363$2,694$43,093
25$43,093$964$0

At the end of your 5-year term

Total paid over the term
$220,285
Principal paid down
$87,617
Interest paid
$132,668
Balance remaining
$600,383

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
2.1%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.

4.3%
Gross yield
− Property tax $4,268− Condo fees $9,541− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,165

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

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