601-159 Frederick Street, Toronto, ON

Moss Park, Toronto · MLS® C13497332

$1,550,000
For Sale
Listed 21 days ago
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3Bedrooms
3Bathrooms
1Garage
2750-2999Sq Ft

About this home

An Iconic & Timeless Residence, This Expansive, Three-Bedroom 2900 Square Foot Suite Situated Just StepsFrom The Iconic St. Lawrence Market Provides An Unrivaled Living Experience! Complimented By Tranquility, Exclusivity And Privacy, The Home Is One Of Only Two Situated On The Sixth Floor. The Rarely Offered, East & West Exposures Provides Abundance Of Natural Light & Tranquil Views Throughout From Five Detached Private Balconies. The Impressive, Airy Living Room Is Ideal For Entertaining On Any Scale And Features Exceptional West Views, A Rare Wood Burning Fireplace & Custom Millwork. The Generous Adjacent Grand Dining Room Is Perfect For All Downsizers Looking To Host Family. The Enclosed Eat-In Contemporary Kitchen Includes Full-Sized Appliances, A Convenient Breakfast Bar As Well As A Balcony Which Permits Barbecues. All Three Bedrooms Feature Private Balconies. The Expansive Primary Bedroom Retreat Includes A Six Piece Spa-Like Ensuite Bathroom & Large Walk-In Closet. The Large Second Bedroom Is Perfect For All Guests Or Large Families. The Third Bedroom Is A Wonderful Solution For Those In Need Of A Large Home Office, Family Room Or Additional Sleeping Quarters. The Residence Includes A Convenient Separate Laundry Room. World Class Location! Offering A Fifteen Minute Lifestyle, The Home Offers The Convenience Of The St. Lawrence Market Being One Block Away, As Well As Easy Access To Berczy Park, Meridian Hall, The Upcoming Ontario Line, Financial & Distillery Districts, Highly Coveted Restaurants & Shops, Union Station, Martin Goodman Trail & The Harbourfront!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13497332
Bedrooms
3
Bathrooms
3 (1 half)
Size
2750-2999
Cross streets
Front Street East & Jarvis Street
Parking
1 garage (built-in)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$3,835/mo
Exposure
East West
Property tax
$7,654 / 2025
Days on market
21
Listing brokerage
RE/MAX HALLMARK BIBBY GROUP REALTY

Rooms

Bedroom 3Main6.06 × 3.72 m

broadloom · w/o to balcony · double closet

Bedroom 2Main4.72 × 3.18 m

broadloom · w/o to balcony · double closet

Dining RoomMain4.95 × 4.65 m

broadloom · w/o to balcony · west view

Primary BedroomMain5.67 × 3.96 m

broadloom · walk-in closet(s) · 6 pc ensuite

KitchenMain4.77 × 4.56 m

tile floor · w/o to balcony · eat-in kitchen

Living RoomMain9.76 × 5.64 m

broadloom · fireplace · west view

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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 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. King St East at Sherbourne St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Comparable listingsCurrently listed nearby in Moss Park · asking prices
$1.13Mavg asking

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

302-25 George Street$1.13M

The 1 closest active listing nearby.

See all comparable homes
1.55MThis home1.13MThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $599K
$539this home / sqft
62active listings nearby
21days on market

20 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

87/ 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: King St East at Sherbourne St, about 82 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.

Church-Yonge Corridor
$618K
Waterfront Communities C1
$698K
Annex
$929K
Banbury-Don Mills
$500K
Mimico
$875K

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

Affordability & Mortgage

Affordability
$7,064/mo
$364KIncome needed
4.3×Price ÷ income
$1,630Weekly 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.

61%mortgage
Mortgage $7,064Property tax $638Condo fee $3,835Total carry $11,537

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,617per month

Mortgage amount $1,240,000 · 4.14% over 25 years

$310,000Down payment (20.0%)
$1,240,000Loan before insurance
$0CMHC premium
$11,090Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,617
Property tax
$638
Condo / maintenance fees
$3,835
Heating
$0
Estimated monthly cost
$11,090

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

One-time closing costs

Ontario land transfer tax
$27,475
Toronto municipal land transfer tax
$27,475
Estimated closing costs
$54,950

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,037/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

$745,130Total interest paid
$1,985,130Total of all payments
Principal $1,240,000 Interest $745,130
YearPrincipalInterestBalance
1$29,049$50,356$1,210,951
2$30,264$49,141$1,180,687
3$31,530$47,875$1,149,157
4$32,849$46,556$1,116,308
5$34,223$45,182$1,082,086
6$35,654$43,751$1,046,431
7$37,146$42,260$1,009,286
8$38,699$40,706$970,587
9$40,318$39,087$930,268
10$42,005$37,401$888,264
11$43,762$35,644$844,502
12$45,592$33,813$798,910
13$47,499$31,906$751,411
14$49,486$29,919$701,926
15$51,556$27,849$650,370
16$53,712$25,693$596,658
17$55,959$23,446$540,699
18$58,300$21,106$482,399
19$60,738$18,667$421,661
20$63,279$16,126$358,382
21$65,926$13,480$292,456
22$68,683$10,722$223,773
23$71,556$7,849$152,217
24$74,549$4,856$77,668
25$77,668$1,738$0

At the end of your 5-year term

Total paid over the term
$397,026
Principal paid down
$157,914
Interest paid
$239,112
Balance remaining
$1,082,086

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$9,350/mo
$112,200Gross 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.

7.2%
Gross yield
− Property tax $7,654− Condo fees $46,015− Insurance $600− Vacancy & upkeep $12,342Net operating income $45,589

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK BIBBY GROUP REALTY. MLS®/PropTx.

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