1602-284 King Street, Toronto, ON

Moss Park, Toronto · MLS® C13452004

$629,900
For Sale
Listed 38 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Brand New, Never Lived In At Bauhaus! Perfect 576 sqft. One Bedroom Plus Den Floorplan With Soaring 9 Ft High Ceilings, Gas Cooking Inside, Quartz Countertops, Ultra Modern Finishes. The Ultra Chic Building will feature a fully equipped gym, party room, makers room, children's playroom, barbecue area, bocce court, and pet grooming station. Actual finishes and furnishings in unit may differ from those shown in photos. The Unit is newly constructed and previously unoccupied. New Build Taxes not assessed. The Purchase Price set out herein includes HST. The Purchaser will irrevocably assign to the Vendor any and all rights, title and interest in any HST rebate.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13452004
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
King St E. and Parliament St.
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$480/mo
Exposure
South East
Days on market
38
Listing brokerage
BRAD J. LAMB REALTY 2016 INC.

Rooms

BedroomFlat2.85 × 3.02 m

hardwood floor · large closet · window floor to ceiling

Living RoomFlat2.92 × 6.35 m

hardwood floor · open concept · window floor to ceiling

KitchenFlat2.92 × 6.35 m

hardwood floor · open concept · window floor to ceiling

DenFlat1.50 × 2.41 m

Hardwood Floor

Dining RoomFlat2.92 × 6.35 m

hardwood floor · open concept · window floor to ceiling

Our TakeTeam Asgarian · Broker
Above comparables
$492Kest. value

Listed at $629,900, and my independent estimate is about 28% above what comparable homes suggest.

In Moss Park lately, sellers get about 96% of asking; homes sell in ~32 days.

List price
$461KGreat deal$630KOverpriced

Total price vs nearby homes. Fair value about $492K, median of 55 comparables.

How this estimate is builtthe short version

I take the 55 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.

What the listing highlights1 point to weigh

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

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior Public 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 55 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Moss Park · asking prices
$637kavg asking

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

1853-135 Lower Sherbourne Street$608k1402-158 Front Street$649k808-284 King Street$670k701-284 King Street$670k1014-158 Front Street$590k

The 5 closest of 8 active listings nearby.

See all comparable homes
630kThis home608k649k670k670k590kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $548K
$1,146this home / sqft
53active listings nearby
38days on market
99sold nearby · 90 days
$605Kmedian sold price
96%of asking, on average

This home lists 28% above the area average of $892/sqft.

37 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
Church-Yonge Corridor
$561K
Waterfront Communities C1
$622K
Annex
$798K
Niagara
$615K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,871/mo
$135KIncome needed
4.7×Price ÷ income
$663Weekly 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 $2,871Property tax $394Condo fee $480Total carry $3,745

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)
$2,689per month

Mortgage amount $503,920 · 4.14% over 25 years

$125,980Down payment (20.0%)
$503,920Loan before insurance
$0CMHC premium
$3,563Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,689
Property tax
$394
Condo / maintenance fees
$480
Heating
$0
Estimated monthly cost
$3,563

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

One-time closing costs

Ontario land transfer tax
$9,073
Toronto municipal land transfer tax
$9,073
Estimated closing costs
$18,146

Plus your down payment of $125,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,266/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

$302,811Total interest paid
$806,731Total of all payments
Principal $503,920 Interest $302,811
YearPrincipalInterestBalance
1$11,805$20,464$492,115
2$12,299$19,970$479,816
3$12,813$19,456$467,003
4$13,349$18,920$453,653
5$13,908$18,362$439,746
6$14,489$17,780$425,256
7$15,095$17,174$410,161
8$15,727$16,542$394,434
9$16,385$15,885$378,049
10$17,070$15,199$360,979
11$17,784$14,485$343,195
12$18,528$13,741$324,667
13$19,303$12,966$305,364
14$20,110$12,159$285,253
15$20,952$11,318$264,302
16$21,828$10,441$242,474
17$22,741$9,528$219,733
18$23,692$8,577$196,041
19$24,683$7,586$171,357
20$25,716$6,554$145,642
21$26,791$5,478$118,850
22$27,912$4,357$90,938
23$29,080$3,190$61,859
24$30,296$1,973$31,563
25$31,563$706$0

At the end of your 5-year term

Total paid over the term
$161,346
Principal paid down
$64,174
Interest paid
$97,172
Balance remaining
$439,746

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
1.2%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.

3.2%
Gross yield
− Property tax $4,409− Condo fees $5,766− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,381

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BRAD J. LAMB REALTY 2016 INC.. MLS®/PropTx.

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