#702-400 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C13577478

$2,650/mo
For Lease
Just listed today
2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

1+ Den With 2 Full Baths, Large Den Can Be Used as 2nd Bdrm or Home Office. Lots Of Upgrades With Kitchen Quartz Island. Primary Bdrm With W/I Closet & 4Pc Ensuite. Full Size S/S Appliances, Quartz Vanity Counters, Deep Soaker Tub. Energy Saving Led Thru Out. Soft Closing Cabinets. Ceiling Lights In Bedroom & Den. Excellent Building Amenities Include 24-Hour Concierge, Fitness Centre, Party Room, Guest Suites, Media/Games Room, Visitor Parking, And A Rooftop Terrace With BBQs And Lounge Areas. Steps To TTC, George Brown College, King St Car, St Lawrence Market, Distillery District, Easy Access To Dvp & Gardiner. Photos From Previous Listing. Parking (next to elevator) & Locker Included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13577478
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Adelaide/Sherbourne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
East
Listing brokerage
EXP REALTY

Rooms

Dining RoomMain4.01 × 3.66 m

laminate · combined w/kitchen · open concept

Primary BedroomMain3.66 × 2.87 m

walk-in closet(s) · w/o to balcony · ensuite bath

Living RoomMain3.96 × 3.05 m

laminate · w/o to balcony · open concept

DenMain3.05 × 2.67 m

laminate · french doors · separate room

KitchenMain4.01 × 3.66 m

stainless steel appl · led lighting · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$2,533/moest. value

Listed at $2,650/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 23 similar rentals nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths.

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 $2,700/mo
  • Bathrooms +$100/mo
  • Adjusts to $2,800/mo

That comparable adjusts to $2,800/mo; the $2,533/mo estimate above is the median of all 23 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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. Sherbourne St at Richmond St East South Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,463/moBelow market$2,750/moAbove market

Total price vs nearby homes. Fair value about $2,533/mo, median of 23 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.

  • Primary suite: a key comfort and resale feature.
  • Elevator: rare and valuable for accessibility and resale.
  • Lifestyle
Comparable listingsCurrently listed nearby in Moss Park · asking prices
$2,690avg asking

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

927-50 Power Street$2,7003708-319 Jarvis Street$2,7001526-50 Power Street$2,7501202-400 Adelaide Street$2,4003108-319 Jarvis Street$2,900

The 5 closest of 8 active listings nearby.

See all comparable homes
2,650This home2,7002,7002,7502,4002,900This home vs active comparables
Live market pulseActive comparables in Moss Park · median list $3K
68active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

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: Sherbourne St at Richmond St East South Side, about 120 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
$3K
Church-Yonge Corridor
$2K
Bay Street Corridor
$3K
Waterfront Communities C1
$3K
Dovercourt-Wallace Emerson-Junction
$2K

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

Affordability & Mortgage

Affordability
$12/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $12Property tax $2Total carry $14

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11per month

Mortgage amount $2,120 · 4.14% over 25 years

$530Down payment (20.0%)
$2,120Loan before insurance
$0CMHC premium
$13Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13

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

One-time closing costs

Ontario land transfer tax
$13
Toronto municipal land transfer tax
$13
Estimated closing costs
$27

Plus your down payment of $530. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,274Total interest paid
$3,394Total of all payments
Principal $2,120 Interest $1,274
YearPrincipalInterestBalance
1$50$86$2,070
2$52$84$2,019
3$54$82$1,965
4$56$80$1,909
5$59$77$1,850
6$61$75$1,789
7$64$72$1,726
8$66$70$1,659
9$69$67$1,590
10$72$64$1,519
11$75$61$1,444
12$78$58$1,366
13$81$55$1,285
14$85$51$1,200
15$88$48$1,112
16$92$44$1,020
17$96$40$924
18$100$36$825
19$104$32$721
20$108$28$613
21$113$23$500
22$117$18$383
23$122$13$260
24$127$8$133
25$133$3$0

At the end of your 5-year term

Total paid over the term
$679
Principal paid down
$270
Interest paid
$409
Balance remaining
$1,850

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.

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

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