1003-28 Eastern Avenue, Toronto, ON

Moss Park, Toronto · MLS® C13446652

$945,000
For Sale
Listed 37 days ago
3Bedrooms
2Bathrooms
0Parking
900-999Sq Ft

About this home

Locker included! Bonus: Property taxes to be lowered by 10%-roughly $500 less per year (MPAC approval just received)!Urban living made effortless at 28 Eastern. Situated in the vibrant heart of the city, this stunning, sun-filled northwest-facing 3-bedroom boutique suite perfectly blends modern sophistication with exceptional outdoor living. The interior features sleek contemporary finishes and large windows that flood the entire space with beautiful natural light and picturesque afternoon sun.The true highlight of this suite is the incredible outdoor space: step outside to your private, remarkably large terrace boasting spectacular, unobstructed views-a rare downtown oasis perfect for evening sunsets, lounging, and entertaining guests. In addition to the main terrace, the suite also features a second, separate private balcony, offering multiple outdoor retreats.Incredible urban connectivity is at your doorstep with a 95 Walk Score and perfect 100 Transit and Bike Scores. This prime location is a commuter's dream, offering an easy 15-minute walk straight into the Financial District and sitting just steps away from the historic Distillery District, St. Lawrence Market, and the new Ontario Line subway (Distillery District/Corktown Station) currently being built nearby.Residents enjoy premium, elevated building amenities including a 24-hour concierge, a fully equipped fitness studio, a co-working space, and a beautifully designed rooftop terrace/sundeck.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13446652
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
Parliament St and Front St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$726/mo
Exposure
North West
Property tax
$5,133 / 2026
Days on market
37
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Bedroom 3Flat2.54 × 2.84 m

large window · vinyl floor · mirrored closet

Living RoomFlat4.82 × 4.91 m

w/o to terrace · vinyl floor · combined w/dining

Primary BedroomFlat2.73 × 2.91 m

large window · mirrored closet · ensuite bath

KitchenFlat4.82 × 4.91 m

b/i appliances · combined w/dining · open concept

Bedroom 2Flat2.96 × 2.16 m

ne view · vinyl floor · mirrored closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$771Kest. value

Listed at $945,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($995/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In Moss Park lately, sellers have been getting about 97% of asking and homes sell in about 36 days.

Based on 83 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 83 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $895K, a bit higher.

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 $1.10M
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $771K estimate above is the median of all 83 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 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
$693KGreat deal$945KOverpriced

Total price vs nearby homes. Fair value about $771K, median of 83 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$969kavg asking

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

303-311 Richmond Street$925k3810-180 Front Street$978k419-50 Power St Street$825k2903-284 King Street$1.15M

The 4 closest active listings nearby.

See all comparable homes
945kThis home925k978k825k1.15MThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $815K
$995this home / sqft
20active listings nearby
37days on market
100sold nearby · 90 days
$684Kmedian sold price
97%of asking, on average

This home lists 3% above the area average of $966/sqft.

36 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
$760K
Church-Yonge Corridor
$561K
Bay Street Corridor
$489K
Waterfront Communities C1
$593K
Niagara
$553K

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
$4,307/mo
$195KIncome needed
4.8×Price ÷ income
$994Weekly 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 $4,307Property tax $428Condo fee $726Total carry $5,460

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,034per month

Mortgage amount $756,000 · 4.14% over 25 years

$189,000Down payment (20.0%)
$756,000Loan before insurance
$0CMHC premium
$5,188Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,034
Property tax
$428
Condo / maintenance fees
$726
Heating
$0
Estimated monthly cost
$5,188

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

One-time closing costs

Ontario land transfer tax
$15,375
Toronto municipal land transfer tax
$15,375
Estimated closing costs
$30,750

Plus your down payment of $189,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,900/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

$454,289Total interest paid
$1,210,289Total of all payments
Principal $756,000 Interest $454,289
YearPrincipalInterestBalance
1$17,710$30,701$738,290
2$18,451$29,960$719,838
3$19,223$29,188$700,615
4$20,027$28,384$680,588
5$20,865$27,547$659,723
6$21,738$26,674$637,986
7$22,647$25,765$615,339
8$23,594$24,817$591,745
9$24,581$23,831$567,164
10$25,609$22,802$541,554
11$26,680$21,731$514,874
12$27,796$20,615$487,078
13$28,959$19,452$458,119
14$30,170$18,241$427,948
15$31,432$16,979$396,516
16$32,747$15,664$363,769
17$34,117$14,295$329,652
18$35,544$12,868$294,108
19$37,031$11,381$257,077
20$38,580$9,832$218,497
21$40,193$8,218$178,304
22$41,875$6,537$136,429
23$43,626$4,785$92,803
24$45,451$2,961$47,352
25$47,352$1,059$0

At the end of your 5-year term

Total paid over the term
$242,058
Principal paid down
$96,277
Interest paid
$145,781
Balance remaining
$659,723

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
1.9%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.

3.9%
Gross yield
− Property tax $5,133− Condo fees $8,708− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,133

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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