1215-50 Power Street, Toronto, ON

Moss Park, Toronto · MLS® C13431486

$495,000
For Sale
Listed 39 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Stunning 1+Den condo located in one of Toronto's most stylish and modern buildings. The kitchen features contemporary cabinetry, stainless steel appliances. Located in a prime area, you'll be surrounded by an array of top-notch restaurants, public transit options (Queen and King Street cars), and scenic parks, all within walking distance. Easy access to George Brown College, both just moments away.The building itself boasts a range of state-of-the-art amenities, including a fully-equipped gym, outdoor pool, spacious lounge, and media room perfect for both relaxation and entertainment.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13431486
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Richmond & Parliament
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$451/mo
Exposure
North West
Property tax
$1,401 / 2026
Days on market
39
Listing brokerage
BAY STREET GROUP INC.

Rooms

DenFlat1.85 × 2.44 m

Laminate

BedroomFlat3.35 × 2.64 m

closet · laminate · large window

Living RoomFlat8.20 × 3.15 m

combined w/kitchen · laminate · w/o to balcony

KitchenFlat8.20 × 3.15 m

combined w/living · laminate · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Below comparables
$581Kest. value

Listed at $495,000, this home is about 15% below comparable homes, worth a close look. 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 $270K, 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 $550K
  • Bathrooms −$15K
  • Adjusts to $535K

That comparable adjusts to $535K; the $581K 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 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.

List price
$495KGreat deal$634KOverpriced

Total price vs nearby homes. Fair value about $581K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$568kavg asking

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

704-323 Richmond Street$520k1123-460 Adelaide Street$559k2015-460 Adelaide Street$585kS703-112 George Street$589k1014-158 Front Street$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
495kThis home520k559k585k589k590kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $559K
$762this home / sqft
63active listings nearby
39days on market

This home lists 16% below the area average of $908/sqft.

38 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.

Regent Park
$699K
Church-Yonge Corridor
$1.06M
Waterfront Communities C8
$560K
Bay Street Corridor
$568K
Waterfront Communities C1
$541K

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
$2,256/mo
$101KIncome needed
4.9×Price ÷ income
$521Weekly 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.

80%mortgage
Mortgage $2,256Property tax $117Condo fee $451Total carry $2,824

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)
$2,113per month

Mortgage amount $396,000 · 4.14% over 25 years

$99,000Down payment (20.0%)
$396,000Loan before insurance
$0CMHC premium
$2,681Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,113
Property tax
$117
Condo / maintenance fees
$451
Heating
$0
Estimated monthly cost
$2,681

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

One-time closing costs

Ontario land transfer tax
$6,375
Toronto municipal land transfer tax
$6,375
Estimated closing costs
$12,750

Plus your down payment of $99,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,567/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

$237,961Total interest paid
$633,961Total of all payments
Principal $396,000 Interest $237,961
YearPrincipalInterestBalance
1$9,277$16,082$386,723
2$9,665$15,693$377,058
3$10,069$15,289$366,989
4$10,490$14,868$356,499
5$10,929$14,429$345,569
6$11,386$13,972$334,183
7$11,863$13,496$322,320
8$12,359$13,000$309,962
9$12,876$12,483$297,086
10$13,414$11,944$283,671
11$13,975$11,383$269,696
12$14,560$10,798$255,136
13$15,169$10,189$239,967
14$15,804$9,555$224,163
15$16,465$8,894$207,699
16$17,153$8,205$190,545
17$17,871$7,488$172,675
18$18,618$6,740$154,056
19$19,397$5,961$134,659
20$20,208$5,150$114,451
21$21,054$4,305$93,397
22$21,934$3,424$71,463
23$22,852$2,507$48,611
24$23,808$1,551$24,804
25$24,804$555$0

At the end of your 5-year term

Total paid over the term
$126,792
Principal paid down
$50,431
Interest paid
$76,361
Balance remaining
$345,569

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
2.9%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.

5.0%
Gross yield
− Property tax $1,401− Condo fees $5,416− Insurance $600− Vacancy & upkeep $2,706Net operating income $14,476

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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