905-320 Richmond Street, Toronto, ON

Moss Park, Toronto · MLS® C13785284

$549,000
For Sale
Listed 7 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Bright, stylish and perfectly positioned for city living.
  • With Soaring 10ft ceilings, this spacious 1+1 bedroom, 2-bath suite at The Modern offers 705 sq. ft. of thoughtfully designed living space.
  • Floor-to-ceiling windows frame west-facing City views and fill the open-concept layout with incredible natural light from afternoon through sunset.
  • The generous bedroom is a true retreat, with an abundance of closet space and a private 3-piece ensuite featuring a walk-in shower.
  • Enjoy an impressive range of amenities, including a rooftop oasis with outdoor pool, hot and cold plunge pools, cabanas, BBQ stations and panoramic skyline views.

Bright, stylish and perfectly positioned for city living! With Soaring 10ft ceilings, this spacious 1+1 bedroom, 2-bath suite at The Modern offers 705 sq. ft. of thoughtfully designed living space. Floor-to-ceiling windows frame west-facing City views and fill the open-concept layout with incredible natural light from afternoon through sunset. New flooring & freshly painted throughout adds to the contemporary feel. The generous bedroom is a true retreat, with an abundance of closet space and a private 3-piece ensuite featuring a walk-in shower. The versatile den is ideal for a home office, creative space or guest area- a full 4-piece main bath makes hosting easy. Underground parking and a locker are included, giving you all the essentials for easy downtown living. Then there's the lifestyle. Enjoy an impressive range of amenities, including a rooftop oasis with outdoor pool, hot and cold plunge pools, cabanas, BBQ stations and panoramic skyline views. Stay active in the fully equipped gym and yoga/Pilates studio, or unwind in the sauna and steam rooms. A stylish party room, 24-hour concierge, guest suites, visitor parking and even a pet spa add everyday convenience. The best of downtown is right outside your door. St. Lawrence Market, the Distillery District, restaurants, cafés and nightlife are all within easy reach, with convenient access to the King and Queen streetcars, Financial District, DVP and the Gardiner too.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13785284
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Richmond St E & Sherbourne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$660/mo
Exposure
West
Property tax
$2,956 / 2026
Days on market
7
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Dining RoomFlat3.58 × 1.78 m

open concept · hardwood floor

Primary BedroomFlat3.58 × 3.02 m

hardwood floor · his and hers closets · 3 pc ensuite

KitchenFlat3.45 × 1.73 m

open concept · stainless steel appl

DenFlat2.69 × 1.83 m

Hardwood Floor

Living RoomFlat3.68 × 3.02 m

hardwood floor · window floor to ceiling · west view

Our TakeTeam Asgarian · Broker
A small discount is typical
$534Klikely sale price

Listed at $549,000. 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 $534K, if it sells. A realistic range is $503K to $578K.

Independent value check: $565K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $526K and $594K).

Why $565K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). What sets this one apart:

  • ▲ Raises it1+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it slightly1 garage and 1 total parking spaces, against 1 and 0 typically.
List price
$503KBelow recent closings$578KAbove recent closings

Total price vs nearby homes. Likely closing about $534K, 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
7days on market so far
$2,748/moest. rent · 7 leases
6.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 63 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 $732/sqft against an area asking average of $843/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 $524K. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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 10 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 · 0.8 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Market Lane Junior and Senior Public School · Public elementary0.6 km · 74% at standard
St Paul Catholic School · Catholic elementary0.7 km · 62% at standard
Downtown Alternative School · Public elementary0.7 km
St Michael's Choir (Jr) School · Catholic elementary0.7 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.7 km · 98% at standard
Nelson Mandela Park Public School · Public elementary0.8 km · 47% at standard
Sprucecourt Junior Public School · Public elementary1.2 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.3 km · 76% at standard
Church Street Junior Public School · Public elementary1.4 km · 73% at standard
Native Learning Centre · Public secondary1.4 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.4 km
Our Lady of Lourdes Catholic School · Catholic elementary1.4 km · 64% at standard

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

Affordability & Mortgage

Affordability
$2,502/mo
$119KIncome needed
4.6×Price ÷ income
$577Weekly cost
$14,910Land 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.

73%mortgage
Mortgage $2,502Property tax $246Condo fee $660Total carry $3,409

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,404per month

Mortgage amount $439,200 · 4.39% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,310Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,404
Property tax
$246
Condo / maintenance fees
$660
Heating
$0
Estimated monthly cost
$3,310

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,913/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

$282,020Total interest paid
$721,220Total of all payments
Principal $439,200 Interest $282,020
YearPrincipalInterestBalance
1$9,939$18,910$429,261
2$10,380$18,469$418,882
3$10,840$18,008$408,041
4$11,321$17,527$396,720
5$11,824$17,025$384,896
6$12,349$16,500$372,548
7$12,897$15,952$359,651
8$13,469$15,380$346,182
9$14,067$14,782$332,115
10$14,691$14,158$317,424
11$15,343$13,506$302,080
12$16,024$12,825$286,056
13$16,735$12,113$269,321
14$17,478$11,371$251,843
15$18,254$10,595$233,589
16$19,064$9,785$214,525
17$19,910$8,939$194,615
18$20,794$8,055$173,821
19$21,717$7,132$152,105
20$22,680$6,168$129,424
21$23,687$5,162$105,738
22$24,738$4,111$80,999
23$25,836$3,013$55,163
24$26,983$1,866$28,180
25$28,180$668$0

At the end of your 5-year term

Total paid over the term
$144,244
Principal paid down
$54,304
Interest paid
$89,940
Balance remaining
$384,896

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 7 whole-home leases in Moss Park$2,748/mo
$32,976Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,528 to $2,968Typical 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 7 whole-home leases in Moss Park signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,748. 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.

6.0%
Gross yield
− Property tax $2,956− Condo fees $7,921− Insurance $600− Vacancy & upkeep $3,627Net operating income $17,871

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

CallRequest a showing