609-460 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C13737558

$517,900
For Sale
Listed 20 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

Conveniently located in downtown this condo is a short walk to the new Corktown Subway station, so getting across the city is soon to be a breeze. Being centrally located there is plenty to see and do. Minutes to the St. Lawrence Market, Distillery District, Berczy Park, shops and everything else that comes with Old Toronto, you'll love it here. The building, built by Greenpark, offers many amenities including, fitness studio, with yoga Space, relaxing sauna, outdoor terrace, stunning skydeck, party room with catering kitchen and much more. The unit offers ample living space and flows perfectly and the Den easily doubles as a second bedroom.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13737558
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Adelaide and Parliament
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$573/mo
Exposure
North
Property tax
$2,984 / 2026
Days on market
20
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Dining RoomMain7.32 × 3.51 m

combined w/kitchen · laminate · track lighting

BathroomMain1.52 × 7.50 m

ceramic floor · 4 pc bath · b/i vanity

KitchenMain7.32 × 3.54 m

stainless steel appl · quartz counter · laminate

BedroomMain3.44 × 3.05 m

large window · laminate · large closet

FoyerMain1.22 × 3.35 m

laminate · combined w/laundry · large closet

BedroomMain2.90 × 3.05 m

laminate · open concept

Living RoomMain7.32 × 3.51 m

combined w/dining · laminate · walk-out

Our TakeTeam Asgarian · Broker
A small discount is typical
$504Klikely sale price

Listed at $517,900. 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 $504K, if it sells. A realistic range is $474K to $545K.

Independent value check: $484K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $451K and $509K).

Why $484K. 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
$474KBelow recent closings$545KAbove recent closings

Total price vs nearby homes. Likely closing about $504K, 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
20days on market so far
$2,337/moest. rent · 9 leases
5.4%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 $797/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 $525K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 ($797/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.

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 elementary1.5 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
$2,360/mo
$112KIncome needed
4.6×Price ÷ income
$545Weekly cost
$13,666Land 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 $2,360Property tax $249Condo fee $573Total carry $3,182

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)
$2,268per month

Mortgage amount $414,320 · 4.39% over 25 years

$103,580Down payment (20.0%)
$414,320Loan before insurance
$0CMHC premium
$3,090Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,268
Property tax
$249
Condo / maintenance fees
$573
Heating
$0
Estimated monthly cost
$3,090

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

One-time closing costs

Ontario land transfer tax
$6,833
Toronto municipal land transfer tax
$6,833
Estimated closing costs
$13,666

Plus your down payment of $103,580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,748/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

$266,044Total interest paid
$680,364Total of all payments
Principal $414,320 Interest $266,044
YearPrincipalInterestBalance
1$9,376$17,839$404,944
2$9,792$17,423$395,153
3$10,226$16,988$384,927
4$10,680$16,534$374,246
5$11,154$16,060$363,092
6$11,649$15,565$351,443
7$12,166$15,048$339,277
8$12,706$14,508$326,571
9$13,270$13,945$313,301
10$13,859$13,356$299,442
11$14,474$12,741$284,968
12$15,116$12,098$269,852
13$15,787$11,427$254,064
14$16,488$10,727$237,576
15$17,220$9,995$220,357
16$17,984$9,231$202,373
17$18,782$8,432$183,590
18$19,616$7,599$163,975
19$20,486$6,728$143,488
20$21,396$5,819$122,093
21$22,345$4,869$99,748
22$23,337$3,878$76,411
23$24,373$2,842$52,038
24$25,454$1,760$26,584
25$26,584$631$0

At the end of your 5-year term

Total paid over the term
$136,073
Principal paid down
$51,228
Interest paid
$84,845
Balance remaining
$363,092

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$2,337/mo
$28,044Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,150 to $2,524Typical 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 $2,337. 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.

5.4%
Gross yield
− Property tax $2,984− Condo fees $6,876− Insurance $600− Vacancy & upkeep $3,085Net operating income $14,499

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

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