2202-284 King Street, Toronto, ON

Moss Park, Toronto · MLS® C13798794

$480,000
For Sale
Listed 5 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

Brand new one bedroom + den, never lived, 9 foot ceiling, level 22, full balcony with stunning view of Lake Ontario. Including one locker. Prime location in the heart of downtown Toronto. Walk to St Lawrence Market, Distillery District, Shopping Centers, restaurants, Theatres. Easy Access to Gardiner, Lake Sore, DVP and Yonge St.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13798794
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
King/Parliament
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Foundation
Unknown
Roof
Unknown
Maintenance
$462/mo
Exposure
South East
Days on market
5
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

DenMain2.42 × 1.44 m

Hardwood Floor

BedroomMain3.10 × 2.82 m

hardwood floor · window floor to ceiling

FoyerMain2.07 × 0.91 m

Hardwood Floor

Living RoomMain2.81 × 2.81 m

hardwood floor · window floor to ceiling · w/o to balcony

KitchenMain3.40 × 2.60 m

hardwood floor · combined w/dining · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$467Klikely sale price

Listed at $480,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $467K, typically $440K to $505K. Comparable closings on their own put this home around $468K, which supports the ask, so this is a firm read.

List price
$440KBelow recent closings$505KAbove recent closings

Total price vs nearby homes. Likely closing about $467K, 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
5days on market so far
$2,270/moest. rent · 13 leases
5.7%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 $874/sqft against an area asking average of $838/sqft.

How this estimate is builtthe short version

I take the 58 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

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.

Based on 58 comparable homes that sold in Moss Park over the past 22 months, from 500 closings there.

What sellers nearby are askingCurrently listed nearby in Moss Park · asking prices
$488kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $888/sqft; this home lists at $874/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
480kThis home486k489k499k450k515kThis home vs active comparables

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 · 0.3 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 elementary0.5 km · 62% at standard
Nelson Mandela Park Public School · Public elementary0.8 km · 47% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.0 km · 55% at standard
St Michael's Choir (Jr) School · Catholic elementary1.1 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.1 km · 98% at standard
Sprucecourt Junior Public School · Public elementary1.4 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.6 km · 76% at standard
Queen Alexandra Middle School · Public elementary1.6 km · 71% at standard
SEED Alternative School · Public secondary1.6 km
Church Street Junior Public School · Public elementary1.7 km · 73% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.7 km
Native Learning Centre · Public secondary1.7 km

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

Affordability & Mortgage

Affordability
$2,188/mo
$106KIncome needed
4.5×Price ÷ income
$505Weekly cost
$12,150Land 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 $2,188Property tax $300Condo fee $462Total carry $2,950

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)
$2,102per month

Mortgage amount $384,000 · 4.39% over 25 years

$96,000Down payment (20.0%)
$384,000Loan before insurance
$0CMHC premium
$2,864Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,102
Property tax
$300
Condo / maintenance fees
$462
Heating
$0
Estimated monthly cost
$2,864

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

One-time closing costs

Ontario land transfer tax
$6,075
Toronto municipal land transfer tax
$6,075
Estimated closing costs
$12,150

Plus your down payment of $96,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,547/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

$246,575Total interest paid
$630,575Total of all payments
Principal $384,000 Interest $246,575
YearPrincipalInterestBalance
1$8,689$16,534$375,311
2$9,075$16,148$366,235
3$9,478$15,745$356,758
4$9,899$15,324$346,859
5$10,338$14,885$336,521
6$10,797$14,426$325,725
7$11,276$13,947$314,449
8$11,776$13,447$302,673
9$12,299$12,924$290,374
10$12,845$12,378$277,529
11$13,415$11,808$264,114
12$14,010$11,213$250,104
13$14,632$10,591$235,472
14$15,281$9,942$220,190
15$15,960$9,263$204,231
16$16,668$8,555$187,563
17$17,408$7,815$170,155
18$18,180$7,043$151,975
19$18,987$6,236$132,988
20$19,830$5,393$113,158
21$20,710$4,513$92,448
22$21,629$3,594$70,819
23$22,589$2,634$48,230
24$23,592$1,631$24,639
25$24,639$584$0

At the end of your 5-year term

Total paid over the term
$126,115
Principal paid down
$47,479
Interest paid
$78,636
Balance remaining
$336,521

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 13 whole-home leases in Moss Park$2,270/mo
$27,240Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,157 to $2,384Typical 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 13 whole-home leases in Moss Park signed at a median of $2,195 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,270. 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.

5.7%
Gross yield
− Property tax $3,360− Condo fees $5,544− Insurance $600− Vacancy & upkeep $2,996Net operating income $14,740

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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