938-251 Jarvis Street, Toronto, ON

Moss Park, Toronto · MLS® C13752160

$388,888
For Sale
Listed 14 days agoNo offer date stated
1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Stunning East-Facing 1 BED + DEN in the heart of Downtown Toronto.
  • Bright and modern open-concept layout with a highly functional den, can be a second bedroom, home office, or dining area.
  • Exceptional building amenities include an outdoor swimming pool, hot tub, sundeck, fully equipped gym, yoga studio, billiards room, rooftop Sky Lounge, party room...
  • Steps to subway and public transit, and minutes to Dundas Square, Eaton Centre, Toronto Metropolitan University, restaurants, shopping and entertainment.
  • Groceries just 4 minutes away, with Yonge Street and an abundance of amenities within an easy walk.

Stunning East-Facing 1 BED + DEN in the heart of Downtown Toronto! Bright and modern open-concept layout with a highly functional den, can be a second bedroom, home office, or dining area. Enjoy beautiful east views and a vibrant downtown lifestyle just steps from everything Toronto has to offer. Exceptional building amenities include an outdoor swimming pool, hot tub, sundeck, fully equipped gym, yoga studio, billiards room, rooftop Sky Lounge, party room, BBQ area and 24-hour concierge. Unbeatable location! Steps to subway and public transit, and minutes to Dundas Square, Eaton Centre, Toronto Metropolitan University, restaurants, shopping and entertainment. Groceries just 4 minutes away, with Yonge Street and an abundance of amenities within an easy walk. Perfect for FIRST TIME BUYER, PROFESSIONAL, STUDENT or INVESTOR! An excellent opportunity to own a modern, move-in-ready downtown condo in one of Toronto's most convenient and walkable locations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13752160
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Dundas St E / Jarvis St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$554/mo
Exposure
East
Property tax
$2,194 / 2026
Days on market
14
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomFlat0.00 × 0.00 m

laminate · window floor to ceiling · large closet

KitchenFlat0.00 × 0.00 m

laminate · stainless steel appl · modern kitchen

Dining RoomFlat0.00 × 0.00 m

laminate · open concept · w/o to balcony

Living RoomFlat0.00 × 0.00 m

laminate · open concept · w/o to balcony

DenFlat0.00 × 0.00 m

laminate · separate room

Our TakeTeam Asgarian · Broker
A small discount is typical
$378Klikely sale price

Listed at $388,888. 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 $378K, if it sells. A realistic range is $356K to $409K.

Independent value check: $392K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $365K and $412K).

Why $392K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,194 a year; the typical home sold here pays about $2,900.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
List price
$356KBelow recent closings$409KAbove recent closings

Total price vs nearby homes. Likely closing about $378K, 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
14days on market so far
$2,200/moest. rent · 31 leases
6.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 56 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 $708/sqft against an area asking average of $840/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 $406K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • 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 Lord Dufferin 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 36 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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Jr) School · Catholic elementary0.4 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.4 km · 98% at standard
Church Street Junior Public School · Public elementary0.8 km · 73% at standard
Native Learning Centre · Public secondary0.8 km
St Martin Catholic School(OL of Lourdes · Catholic elementary0.9 km
Jarvis Collegiate Institute · Public secondary0.9 km · 57% at standard
Winchester Junior and Senior Public School · Public elementary1.0 km · 76% at standard
St Paul Catholic School · Catholic elementary1.1 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.1 km · 47% at standard
St Michael Catholic School · Catholic elementary1.1 km · 67% at standard
Downtown Alternative School · Public elementary1.1 km
Sprucecourt Junior Public School · Public elementary1.1 km · 59% at standard

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

Affordability & Mortgage

Affordability
$1,772/mo
$87KIncome needed
4.4×Price ÷ income
$409Weekly cost
$8,617Land 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.

71%mortgage
Mortgage $1,772Property tax $183Condo fee $554Total carry $2,509

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)
$1,703per month

Mortgage amount $311,110 · 4.39% over 25 years

$77,778Down payment (20.0%)
$311,110Loan before insurance
$0CMHC premium
$2,440Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,703
Property tax
$183
Condo / maintenance fees
$554
Heating
$0
Estimated monthly cost
$2,440

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

One-time closing costs

Ontario land transfer tax
$4,308
Toronto municipal land transfer tax
$4,308
Estimated closing costs
$8,617

Plus your down payment of $77,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,063/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

$199,771Total interest paid
$510,881Total of all payments
Principal $311,110 Interest $199,771
YearPrincipalInterestBalance
1$7,040$13,395$304,070
2$7,352$13,083$296,718
3$7,679$12,756$289,039
4$8,020$12,416$281,019
5$8,376$12,060$272,644
6$8,747$11,688$263,897
7$9,135$11,300$254,761
8$9,541$10,894$245,220
9$9,964$10,471$235,256
10$10,407$10,029$224,849
11$10,868$9,567$213,981
12$11,351$9,084$202,630
13$11,855$8,581$190,775
14$12,381$8,055$178,395
15$12,930$7,505$165,464
16$13,504$6,931$151,960
17$14,103$6,332$137,857
18$14,729$5,706$123,128
19$15,383$5,052$107,745
20$16,066$4,369$91,679
21$16,779$3,656$74,900
22$17,523$2,912$57,376
23$18,301$2,134$39,075
24$19,113$1,322$19,962
25$19,962$474$0

At the end of your 5-year term

Total paid over the term
$102,176
Principal paid down
$38,467
Interest paid
$63,710
Balance remaining
$272,644

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 31 whole-home leases in Moss Park$2,200/mo
$26,400Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,090 to $2,325Typical 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 31 whole-home leases in Moss Park signed at a median of $2,250 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,200. 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.

6.8%
Gross yield
− Property tax $2,194− Condo fees $6,645− Insurance $600− Vacancy & upkeep $2,904Net operating income $14,056

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

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