520-460 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C13641818

$498,000
For Sale
Listed 48 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome to this spacious 1+den suite in Axiom condos by Greenpark homes, situated in a popular Old Town neighborhood in Toronto.
  • Inside, the efficient layout consists of open concept kitchen/dining area, a spacious living room, large primary bedroom and a functional den.
  • This 667 sq ft unit is located on the 5th floor, and features a 9 ft ceiling, floor-to-ceiling windows, a 110 sq ft open balcony, engineered hardwood flooring...
  • Spacious bedroom features two sizable closets & a 4 piece ensuite (Jack and Jill style) bathroom.
  • An open-concept den, also accessing the ensuite bath, offers versatility for a home office or a 2nd bedroom.

Welcome to this spacious 1+den suite in Axiom condos by Greenpark homes, situated in a popular Old Town neighborhood in Toronto. Inside, the efficient layout consists of open concept kitchen/dining area, a spacious living room, large primary bedroom and a functional den. This 667 sq ft unit is located on the 5th floor, and features a 9 ft ceiling, floor-to-ceiling windows, a 110 sq ft open balcony, engineered hardwood flooring throughout, ensuite laundry and lots of closet space. The modern kitchen is equipped with stainless steel appliances, complemented by a stylish backsplash, quarts countertops and modern kitchen cabinets. The living & dining areas are perfect for relaxation & entertainment. Spacious bedroom features two sizable closets & a 4 piece ensuite (Jack and Jill style) bathroom. An open-concept den, also accessing the ensuite bath, offers versatility for a home office or a 2nd bedroom. Comes with 1 storage locker. Building amenities include 24hr concierge, party/meeting room, gym, sauna & yoga room, outdoor terrace, media room & games rooms, pet spa, guest suites & more! In close proximity to major highways like DVP & Gardiner Expy. Minutes to Don Valley Evergreen Brick Works, Lake Ontario, Distillery District, Old Toronto and downtown core. Additional local amenities include easy access to public transit, Toronto subway line, Harborfront area, George Brown College and St Lawrence Market. Enjoy variety restaurants, cafes and parks that are within the immediate area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13641818
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
ADELAIDE ST E / SHERBOURNE ST
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$547/mo
Exposure
North
Property tax
$2,933 / 2026
Days on market
48
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

DenFlat3.05 × 3.05 m

separate room · 4 pc ensuite · hardwood floor

KitchenFlat7.31 × 3.45 m

stainless steel appl · backsplash · quartz counter

Living RoomFlat7.31 × 3.45 m

w/o to balcony · open concept · hardwood floor

Dining RoomFlat7.31 × 3.45 m

combined w/kitchen · combined w/living · hardwood floor

Primary BedroomFlat3.43 × 3.05 m

window floor to ceiling · closet · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$484Klikely sale price

Listed at $498,000. Going by how homes in Moss Park have actually closed against their asking prices (about 97%, 58 local closings in 90 days), the likely sale price is near $484K, if it sells. A realistic range is $456K to $524K.

Independent value check: $477K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $444K and $502K).

Why $477K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$456KBelow recent closings$524KAbove recent closings

Total price vs nearby homes. Likely closing about $484K, from 58 recent closings in this pocket.

The market behind the math:

58sold nearby · 90 days
$505Kmedian sold price
96%of asking, on average
−10%prices vs a year ago
~27 dayshomes like this take to sell
48days on market so far
$2,417/moest. rent · 11 leases
5.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 58 condo apartment homes for sale in the area against 58 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $767/sqft against an area asking average of $836/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 58 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $505K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 16 homes sold in this building over the past 22 months, from 500 closings in Moss Park.

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.

Church-Yonge Corridor
$500K
Bay Street Corridor
$686K
Waterfront Communities C1
$624K
Annex
$3.72M
Niagara
$559K

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
Also nearby: 12 more schools within 2.5 km
St Paul Catholic School · Catholic elementary0.6 km · 62% at standard
Nelson Mandela Park Public School · Public elementary0.8 km · 47% at standard
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
St Michael's Choir (Jr) School · Catholic elementary0.9 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.9 km · 98% at standard
Sprucecourt Junior Public School · Public elementary1.3 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.5 km · 76% at standard
Church Street Junior Public School · Public elementary1.6 km · 73% at standard
Native Learning Centre · Public secondary1.6 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.6 km
Our Lady of Lourdes Catholic School · Catholic elementary1.6 km · 64% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.7 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,270/mo
$108KIncome needed
4.6×Price ÷ income
$524Weekly cost
$12,870Land transfer tax, one-time (Ontario + Toronto)
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.

74%mortgage
Mortgage $2,270Property tax $244Condo fee $547Total carry $3,061

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,181per month

Mortgage amount $398,400 · 4.39% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,972Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,181
Property tax
$244
Condo / maintenance fees
$547
Heating
$0
Estimated monthly cost
$2,972

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

One-time closing costs

Ontario land transfer tax
$6,435
Toronto municipal land transfer tax
$6,435
Estimated closing costs
$12,870

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,642/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

$255,822Total interest paid
$654,222Total of all payments
Principal $398,400 Interest $255,822
YearPrincipalInterestBalance
1$9,015$17,154$389,385
2$9,415$16,753$379,969
3$9,833$16,336$370,136
4$10,270$15,899$359,866
5$10,725$15,443$349,141
6$11,202$14,967$337,939
7$11,699$14,470$326,241
8$12,218$13,951$314,023
9$12,760$13,409$301,263
10$13,326$12,842$287,936
11$13,918$12,251$274,018
12$14,536$11,633$259,483
13$15,181$10,988$244,302
14$15,854$10,314$228,448
15$16,558$9,611$211,889
16$17,293$8,876$194,597
17$18,060$8,108$176,536
18$18,862$7,307$157,674
19$19,699$6,470$137,975
20$20,573$5,595$117,401
21$21,487$4,682$95,915
22$22,440$3,729$73,475
23$23,436$2,733$50,039
24$24,476$1,693$25,563
25$25,563$606$0

At the end of your 5-year term

Total paid over the term
$130,844
Principal paid down
$49,259
Interest paid
$81,585
Balance remaining
$349,141

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
From 11 whole-home leases in Moss Park$2,417/mo
$29,004Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,224 to $2,610Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 11 whole-home leases in Moss Park signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,417. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.8%
Gross yield
− Property tax $2,933− Condo fees $6,561− Insurance $600− Vacancy & upkeep $3,190Net operating income $15,719

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

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