51 St Paul Street, Toronto, ON

Moss Park, Toronto · MLS® C13795840

$998,000
For Sale
Listed 32 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1100-1500Sq ft

About this home

In short

  • Built with space, function, and views.
  • Built in 2008, this Corktown home near King and Parliament gives you practical space, skyline views, and access to some of the city's most beloved hot spots.
  • The main floor stretches tall with high ceilings, grounded by a fireplace that adds coziness with the flick of a switch.
  • Rabba Fine Foods or Aisle 24 Market for the late-night grocery run.

Built with space, function, and views. Old houses are part of Toronto's charm. But they're not for everyone. Built in 2008, this Corktown home near King and Parliament gives you practical space, skyline views, and access to some of the city's most beloved hot spots. Century-old quirks not included. This townhome unfolds upward. The main floor stretches tall with high ceilings, grounded by a fireplace that adds coziness with the flick of a switch. The kitchen, dining, and living room connect, a space made for the game on the big screen, snacks within reach, and banter flowing easily from couch to kitchen. Upstairs, the primary bedroom has dual closets, full bath, plus laundry, so clean clothes actually make it out of the basket. Another full bath and two more bedrooms wait above, one that opens up to a Juliette balcony, the other ideal as an office or guest room. The rooftop is Corktown's skyline stage, the CN Tower photobombing between buildings. Up here, clocks stop working. It's as quiet or as lively as you need it to be. Down below, the garage offers storage space we all look for, with a locker room to tuck away everything you don't want to think about. Every level of this townhouse gives you room to breathe, focus, or unwind, without stepping on toes. Step outside and the Queen streetcar takes you to Lady Bug Wine Bar, Spaccio East, Impact Kitchen, and more. Rabba Fine Foods or Aisle 24 Market for the late-night grocery run. The Distillery, St. Lawrence Market, and King St. all within reach and within minutes.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13795840
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Cross streets
Queen St E & Sumach St/Sackville St
Parking
1 garage (built-in)
Driveway
None
Basement
None
Heating
Water
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Brick
Roof
Flat
Sewer
Sewer
Property tax
$6,011 / 2026
Days on market
32
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Bedroom 3Third2.17 × 3.38 m

hardwood floor · skylight · closet organizers

Primary BedroomSecond6.49 × 4.08 m

hardwood floor · double closet · window

Bedroom 2Third3.11 × 4.08 m

hardwood floor · w/o to balcony · closet organizers

KitchenMain2.17 × 2.13 m

hardwood floor · modern kitchen · open concept

Living RoomMain6.34 × 3.14 m

hardwood floor · combined w/dining · fireplace

Dining RoomMain2.53 × 1.95 m

hardwood floor · combined w/living · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$970Klikely sale price

Listed at $998,000. Going by how homes in Moss Park and the wider GTA have actually closed against their asking prices (about 97%, 5 local closings in 90 days), the likely sale price is near $970K, if it sells. A realistic range is $909K to $1.09M.

Independent value check: $997K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $935K and $1.05M).

Why $997K. The typical townhouse sold in Moss Park over the past year went for about $928K (26 sales). What sets this one apart:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $6,011 a year; the typical home sold here pays about $6,200.
List price
$909KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $970K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$800Kmedian sold price
97%of asking, on average
−22%prices vs a year ago
~17 dayshomes like this take to sell
32days on market so far
$3,382/moest. rent · 20 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 5 townhouse homes for sale in the area against 5 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 $768/sqft against an area asking average of $860/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.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $892K. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Inglenook Community 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

There were not many closely comparable homes right in Moss Park, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Moss Park over the past two years, from 49 closings there.

What sellers nearby are askingCurrently listed nearby in Moss Park · asking prices
$1.55Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $997K, which is where my estimate comes from.

Per square foot, these ask about $967/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
998kThis home1.25M1.85M1.54MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

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.

Cabbagetown-South St. James Town
$1.55M
South Riverdale
$1.49M
Playter Estates-Danforth
$1.35M
Palmerston-Little Italy
$1.30M
Dovercourt-Wallace Emerson-Junction
$987K

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 Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 47% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Lord Dufferin Junior and Senior Public School · Public elementary0.8 km · 55% at standard
Market Lane Junior and Senior Public School · Public elementary0.8 km · 74% at standard
Sprucecourt Junior Public School · Public elementary0.9 km · 59% at standard
Queen Alexandra Middle School · Public elementary1.0 km · 71% at standard
SEED Alternative School · Public secondary1.0 km
Dundas Junior Public School · Public elementary1.1 km · 59% at standard
St Michael Catholic School · Catholic elementary1.2 km · 67% at standard
Downtown Alternative School · Public elementary1.3 km
St Martin Catholic School (St.Martin) · Catholic secondary1.3 km
Winchester Junior and Senior Public School · Public elementary1.4 km · 76% at standard
St Michael's Choir (Jr) School · Catholic elementary1.4 km · 98% at standard
Eastdale Collegiate Institute · Public secondary1.4 km

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

Affordability & Mortgage

Affordability
$4,549/mo
$193KIncome needed
5.2×Price ÷ income
$1,050Weekly cost
$32,870Land 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.

90%mortgage
Mortgage $4,549Property tax $501Total carry $5,049

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,414per month

Mortgage amount $798,400 · 4.49% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$4,915Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,414
Property tax
$501
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,915

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

One-time closing costs

Ontario land transfer tax
$16,435
Toronto municipal land transfer tax
$16,435
Estimated closing costs
$32,870

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,343/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

$525,947Total interest paid
$1,324,347Total of all payments
Principal $798,400 Interest $525,947
YearPrincipalInterestBalance
1$17,817$35,157$780,583
2$18,626$34,348$761,957
3$19,472$33,502$742,486
4$20,356$32,618$722,130
5$21,280$31,694$700,850
6$22,246$30,728$678,604
7$23,256$29,718$655,348
8$24,312$28,662$631,036
9$25,416$27,558$605,620
10$26,570$26,404$579,050
11$27,776$25,198$551,274
12$29,037$23,936$522,237
13$30,356$22,618$491,881
14$31,734$21,240$460,147
15$33,175$19,799$426,972
16$34,681$18,293$392,291
17$36,256$16,718$356,035
18$37,902$15,072$318,133
19$39,623$13,351$278,510
20$41,422$11,552$237,088
21$43,303$9,671$193,785
22$45,269$7,705$148,516
23$47,324$5,650$101,192
24$49,473$3,501$51,719
25$51,719$1,255$0

At the end of your 5-year term

Total paid over the term
$264,869
Principal paid down
$97,550
Interest paid
$167,320
Balance remaining
$700,850

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 20 whole-home leases in Moss Park$3,382/mo
$40,584Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,191 to $3,655Typical rent range
~37 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 20 whole-home leases in Moss Park signed at a median of $3,357 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,382. 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.

4.1%
Gross yield
− Property tax $6,011− Insurance $1,400− Vacancy & upkeep $4,464Net operating income $28,709

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

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