709-70 Princess Street, Toronto, ON

Moss Park, Toronto · MLS® C13454752

$489,800
For Sale
Listed 34 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Luxury and unbeatable location! Full-size 1+ den that can be used as a junior 2 bedroom! Famous "Time and Space" by Pemberton, just 3 years new. Facing East and quiet residential street - with minimal street noise. Steps to everything that matters: Union Station, Financial Core, George Brown College, Ryerson University, Lawrence Market, Distillery District, waterfront, fancy restaurants, Rogers Centre, CN Tower, Scotiabank Arena...Walk score 99 / Transit score 100! Don Valley and Gardiner are easily accessible. Street car to the Beaches. Rich, world-class amenities in the building include: 24 hours security/concierge, infinity rooftop pool with cabanas, BBQ terraces, gym, yoga/pilates facility, weight room w. cardio centre, theatre room, party room w. wet bar and kitchenette, games room and more! Enjoy the practical layout of this bright unit with 9 FT ceilings, sound-proof oversized windows, balcony door. Modern and colour-coordinated features t/out. Fancy kitchen cabinets with full-size integrated appliances, quartz c/tops, tile b/splash, undermount sink, recessed lighting, 7 1/2" laminate planks, smooth ceilings t/out, rolling blinds. Electronic door lock is monitored by the security. Waterproof BBQ electrical outlet on the balcony. Wi-Fi service is included in the maintenance. First time on the market and is motivated. Book your showing today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13454752
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Lot
535
Cross streets
Front E/Lower Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$465/mo
Exposure
East
Property tax
$2,478 / 2026
Days on market
34
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Dining RoomFlat3.05 × 2.41 m

laminate · open concept · combined w/kitchen

KitchenFlat2.41 × 3.05 m

laminate · modern kitchen · quartz counter

DenFlat2.46 × 2.44 m

laminate · separate room · overlooks dining

Living RoomFlat3.58 × 2.91 m

laminate · picture window · w/o to balcony

BedroomFlat3.35 × 2.82 m

laminate · double closet · picture window

Moe’s TakeTeam Asgarian · Broker
In line
$474Kest. value

Listed at $489,800, 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 96% of asking and homes sell in about 31 days.

Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $450K, a close match.

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 $480K
  • Bedrooms +$30K
  • Adjusts to $510K

That comparable adjusts to $510K; the $474K estimate above is the median of all 96 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 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.

On location, this is a very walkable address with everyday errands close by. Front Street East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$422KGreat deal$526KOverpriced

Total price vs nearby homes. Fair value about $474K, median of 96 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
$491kavg asking

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

1311-50 Power Street$490k818-251 Jarvis Street$488k2715-70 Princess Street$483k1740-135 Lower Sherbourne Street$480k3809-251 Jarvis Street$512k

The 5 closest of 8 active listings nearby.

See all comparable homes
490kThis home490k488k483k480k512kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $549K
$891this home / sqft
55active listings nearby
34days on market
100sold nearby · 90 days
$612Kmedian sold price
96%of asking, on average

This home lists 1% below the area average of $896/sqft.

33 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

100/ 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: Front Street East, about 83 m away

20+ transit stops20+ 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
Niagara
$715K
Annex
$513K

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 · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,232/mo
$104KIncome needed
4.7×Price ÷ income
$515Weekly 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 $2,232Property tax $207Condo fee $465Total carry $2,904

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,091per month

Mortgage amount $391,840 · 4.14% over 25 years

$97,960Down payment (20.0%)
$391,840Loan before insurance
$0CMHC premium
$2,763Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,091
Property tax
$207
Condo / maintenance fees
$465
Heating
$0
Estimated monthly cost
$2,763

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

One-time closing costs

Ontario land transfer tax
$6,271
Toronto municipal land transfer tax
$6,271
Estimated closing costs
$12,542

Plus your down payment of $97,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,540/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

$235,461Total interest paid
$627,301Total of all payments
Principal $391,840 Interest $235,461
YearPrincipalInterestBalance
1$9,179$15,913$382,661
2$9,563$15,529$373,097
3$9,963$15,129$363,134
4$10,380$14,712$352,753
5$10,814$14,278$341,939
6$11,267$13,825$330,672
7$11,738$13,354$318,934
8$12,229$12,863$306,705
9$12,741$12,352$293,965
10$13,273$11,819$280,691
11$13,829$11,263$266,863
12$14,407$10,685$252,456
13$15,010$10,082$237,446
14$15,638$9,455$221,808
15$16,292$8,800$205,517
16$16,973$8,119$188,544
17$17,683$7,409$170,861
18$18,423$6,669$152,438
19$19,193$5,899$133,245
20$19,996$5,096$113,249
21$20,833$4,260$92,416
22$21,704$3,388$70,712
23$22,612$2,480$48,101
24$23,558$1,534$24,543
25$24,543$549$0

At the end of your 5-year term

Total paid over the term
$125,460
Principal paid down
$49,901
Interest paid
$75,559
Balance remaining
$341,939

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
1.9%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.

4.2%
Gross yield
− Property tax $2,478− Condo fees $5,582− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,495

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

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