28 Raffeix Lane, Toronto, ON

Moss Park, Toronto · MLS® C13417476

$1,099,000
For Sale
Listed 39 days ago
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3Bedrooms
3Bathrooms
1Garage
1100-1500Sq Ft

About this home

Offers Welcome Anytime! Discover this beautiful 3-storey townhouse in the heart of sought-after Corktown. Featuring 3 spacious bedrooms, the private third-floor primary retreat offers a spa-inspired ensuite, walk-in closet, and walkout to a private balcony. The open-concept main level showcases 9-ft ceilings, hardwood flooring, and a modern kitchen complete with stainless steel appliances, quartz countertops, a breakfast bar, and walkout to a balcony with a gas BBQ hookup-perfect for entertaining. The bright, finished basement provides additional living space, a cold room, and direct access to the attached garage. Ideally located just steps from shopping, cafés, restaurants, schools, parks, and public transit, with convenient access to downtown, the Distillery District, The Beaches, and major highways.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13417476
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500
Cross streets
River Street and Shuter Street
Parking
1 garage (built-in)
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Slab
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,755 / 2026
Days on market
39
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomMain5.74 × 3.05 m

combined w/living · hardwood floor

Primary BedroomThird4.24 × 3.96 m

4 pc ensuite · walk-in closet(s) · w/o to balcony

Living RoomMain5.74 × 3.05 m

combined w/dining · large window · pot lights

RecreationGround2.95 × 3.96 m

w/o to garage · window · broadloom

Bedroom 3Second2.69 × 3.96 m

closet · large window · broadloom

Bedroom 2Second2.69 × 3.96 m

closet · large window · broadloom

KitchenMain3.40 × 3.05 m

stainless steel appl · quartz counter · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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 very walkable address with everyday errands close by. Queen St East at River St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$861kavg asking

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

10 Lightbourn Avenue$1.08M8 Old Trillium Lane$1000k3034 Islington Avenue$739k38 Sarah Jackson Crescent$700k45-2205 Weston Road$789k

The 5 closest active listings nearby.

See all comparable homes
1.10MThis home1.08M1000k739k700k789kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $1.45M
$845this home / sqft
8active listings nearby
39days on market

This home lists 10% below the area average of $934/sqft.

29 days longer than the Toronto average (10 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

82/ 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: Queen St East at River St, about 195 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.

Cabbagetown-South St. James Town
$1.71M
South Riverdale
$999K
Trinity-Bellwoods
$1.12M
Clairlea-Birchmount
$881K
Dorset Park
$800K

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 · 0.4 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$5,009/mo
$210KIncome needed
5.2×Price ÷ income
$1,156Weekly 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.

91%mortgage
Mortgage $5,009Property tax $480Total carry $5,488

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)
$4,692per month

Mortgage amount $879,200 · 4.14% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,171Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,692
Property tax
$480
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,171

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

One-time closing costs

Ontario land transfer tax
$18,455
Toronto municipal land transfer tax
$18,455
Estimated closing costs
$36,910

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,699/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

$528,321Total interest paid
$1,407,521Total of all payments
Principal $879,200 Interest $528,321
YearPrincipalInterestBalance
1$20,597$35,704$858,603
2$21,458$34,843$837,145
3$22,356$33,945$814,790
4$23,291$33,010$791,499
5$24,265$32,036$767,234
6$25,280$31,021$741,954
7$26,337$29,963$715,616
8$27,439$28,862$688,177
9$28,587$27,714$659,590
10$29,783$26,518$629,808
11$31,028$25,273$598,779
12$32,326$23,975$566,453
13$33,678$22,623$532,775
14$35,087$21,214$497,688
15$36,555$19,746$461,133
16$38,084$18,217$423,049
17$39,677$16,624$383,373
18$41,336$14,965$342,036
19$43,065$13,235$298,971
20$44,867$11,434$254,104
21$46,743$9,557$207,361
22$48,699$7,602$158,662
23$50,736$5,565$107,927
24$52,858$3,443$55,069
25$55,069$1,232$0

At the end of your 5-year term

Total paid over the term
$281,504
Principal paid down
$111,966
Interest paid
$169,538
Balance remaining
$767,234

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$2,300/mo
$27,600Gross annual rent
1.6%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.

2.5%
Gross yield
− Property tax $5,755− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,409

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

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