1801-460 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C13734620

$525,000
For Sale
Listed 21 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome To Axiom Condos At 460 Adelaide St E.
  • This Bright And Modern One-Bedroom Suite Offers A Functional Open-Concept Layout That Makes Excellent Use Of The Space, Complete With A Private Balcony For Additional...
  • Enjoy An Impressive Selection Of Building Amenities Including 24-Hour Concierge, Fitness Centre, Yoga Studio, Sauna, Rooftop Terrace, Party And Meeting Rooms...

Welcome To Axiom Condos At 460 Adelaide St E! This Bright And Modern One-Bedroom Suite Offers A Functional Open-Concept Layout That Makes Excellent Use Of The Space, Complete With A Private Balcony For Additional Outdoor Living. Enjoy An Impressive Selection Of Building Amenities Including 24-Hour Concierge, Fitness Centre, Yoga Studio, Sauna, Rooftop Terrace, Party And Meeting Rooms, Theatre/Media Room, Guest Suites And Visitor Parking. Ideally Located In The Heart Of Downtown Toronto, Just Steps To St. Lawrence Market, The Distillery District, Restaurants, Cafés, Shopping, Parks And TTC, With Convenient Access To The Financial District, Gardiner Expressway And DVP. A Fantastic Opportunity To Enjoy Comfortable And Convenient Downtown Living!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13734620
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Adelaide And Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$514/mo
Exposure
South West
Property tax
$2,693 / 2026
Days on market
21
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat3.84 × 3.35 m

combined w/dining · w/o to balcony

KitchenFlat2.00 × 4.57 m

quartz counter · stainless steel appl

BathroomFlat0.00 × 0.00 m
Dining RoomFlat3.84 × 3.35 m

combined w/living · overlooks living

Primary BedroomFlat3.00 × 3.10 m

large window · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$510Klikely sale price

Listed at $525,000. 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 $510K, if it sells. A realistic range is $481K to $552K.

Independent value check: $482K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $448K and $506K).

Why $482K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). What sets this one apart:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,693 a year; the typical home sold here pays about $2,900.
List price
$481KBelow recent closings$552KAbove recent closings

Total price vs nearby homes. Likely closing about $510K, 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
21days on market so far
$2,262/moest. rent · 9 leases
5.2%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 $808/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 $488K. Condition and finishes remain an 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.

  • Open-concept layout: modern, sought-after flow. 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($808/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 58 comparable homes that sold in Moss Park over the past two years, from 502 closings there.

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.

Bay Street Corridor
$686K
Waterfront Communities C1
$624K
Annex
$3.72M
Niagara
$559K
Forest Hill South
$1.56M

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 elementary1.5 km · 73% at standard
Native Learning Centre · Public secondary1.5 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
Jarvis Collegiate Institute · Public secondary1.6 km · 57% at standard

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

Affordability & Mortgage

Affordability
$2,393/mo
$112KIncome needed
4.7×Price ÷ income
$552Weekly cost
$13,950Land 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.

76%mortgage
Mortgage $2,393Property tax $224Condo fee $514Total carry $3,131

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)
$2,299per month

Mortgage amount $420,000 · 4.39% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$3,037Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,299
Property tax
$224
Condo / maintenance fees
$514
Heating
$0
Estimated monthly cost
$3,037

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

One-time closing costs

Ontario land transfer tax
$6,975
Toronto municipal land transfer tax
$6,975
Estimated closing costs
$13,950

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,785/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

$269,692Total interest paid
$689,692Total of all payments
Principal $420,000 Interest $269,692
YearPrincipalInterestBalance
1$9,504$18,084$410,496
2$9,926$17,662$400,570
3$10,366$17,221$390,204
4$10,827$16,761$379,377
5$11,307$16,281$368,070
6$11,809$15,779$356,261
7$12,333$15,255$343,928
8$12,880$14,707$331,048
9$13,452$14,136$317,596
10$14,049$13,539$303,547
11$14,672$12,915$288,875
12$15,324$12,264$273,551
13$16,004$11,584$257,547
14$16,714$10,874$240,833
15$17,456$10,132$223,377
16$18,231$9,357$205,147
17$19,040$8,548$186,107
18$19,885$7,703$166,223
19$20,767$6,820$145,455
20$21,689$5,899$123,767
21$22,651$4,936$101,115
22$23,657$3,931$77,458
23$24,707$2,881$52,752
24$25,803$1,784$26,948
25$26,948$639$0

At the end of your 5-year term

Total paid over the term
$137,938
Principal paid down
$51,930
Interest paid
$86,008
Balance remaining
$368,070

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 9 whole-home leases in Moss Park$2,262/mo
$27,144Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,081 to $2,443Typical 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 9 whole-home leases in Moss Park signed at a median of $2,321 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,262. 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.

5.2%
Gross yield
− Property tax $2,693− Condo fees $6,163− Insurance $600− Vacancy & upkeep $2,986Net operating income $14,702

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

CallRequest a showing