1202-116 George Street, Toronto, ON

Moss Park, Toronto · MLS® C13809346

$699,000
For Sale
Listed 1 day agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • With a near-perfect Walk Score, this spacious corner suite puts some of downtown Toronto's best at your doorstep.
  • Inside, the 743 sq. ft. one-bedroom plus den layout feels bright and open, with 9-foot ceilings and wraparound floor-to-ceiling windows capturing north and east views...
  • The building also offers a 24-hour concierge, two fitness centres and an impressive rooftop terrace with BBQs and cabanas.

With a near-perfect Walk Score, this spacious corner suite puts some of downtown Toronto's best at your doorstep. Pick up fresh ingredients at St. Lawrence Market, walk to the Financial District, or enjoy the restaurants and cafés along Front and Adelaide, all just minutes from home. Inside, the 743 sq. ft. one-bedroom plus den layout feels bright and open, with 9-foot ceilings and wraparound floor-to-ceiling windows capturing north and east views of the city. The kitchen features granite countertops, stainless steel appliances and a centre island that flows naturally into the living space. A separate den offers a comfortable work-from-home setup, while two private balconies provide plenty of outdoor space. An oversized end parking space, with no vehicle directly beside it, and a storage locker add everyday convenience. The building also offers a 24-hour concierge, two fitness centres and an impressive rooftop terrace with BBQs and cabanas. Steps to TTC, St. James Park, George Brown College and everything downtown has to offer.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13809346
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
North of Adelaide, East of Jarvis
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$720/mo
Exposure
North East
Property tax
$3,491 / 2026
Days on market
1
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Living RoomFlat6.10 × 2.36 m

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

DenFlat2.64 × 2.21 m

hardwood floor · window floor to ceiling

KitchenFlat3.71 × 2.31 m

centre island · stainless steel appl · breakfast bar

Dining RoomFlat6.10 × 2.36 m

combined w/living · open concept · hardwood floor

Primary BedroomFlat4.45 × 3.38 m

hardwood floor · his and hers closets · window floor to ceiling

Our TakeTeam Asgarian · Broker
A small discount is typical
$680Klikely sale price

Listed at $699,000. 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 $680K, if it sells. A realistic range is $640K to $735K.

Independent value check: $619K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $576K and $651K).

Why $619K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,491 a year; the typical home sold here pays about $2,900.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it1 garage and 1 total parking spaces, against 1 and 0 typically.
List price
$640KBelow recent closings$735KAbove recent closings

Total price vs nearby homes. Likely closing about $680K, 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
1days on market so far
$2,864/moest. rent · 20 leases
4.9%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 $933/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 $599K. Condition and finishes remain an 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 9 homes sold in this building over the past 22 months, from 500 closings in Moss Park.

What sellers nearby are askingCurrently listed nearby in Moss Park · asking prices
$558kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $619K, which is where my estimate comes from.

Per square foot, these ask about $815/sqft; this home lists at $933/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
699kThis home550k600k600k520k518kThis 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.

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 · 0.6 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 Michael's Choir (Jr) School · Catholic elementary0.6 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.6 km · 98% at standard
St Paul Catholic School · Catholic elementary0.9 km · 62% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.1 km · 55% at standard
Nelson Mandela Park Public School · Public elementary1.1 km · 47% at standard
Church Street Junior Public School · Public elementary1.4 km · 73% at standard
Native Learning Centre · Public secondary1.4 km
Contact Alternative School School · Public secondary1.5 km
Sprucecourt Junior Public School · Public elementary1.5 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.6 km · 76% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.6 km
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
$3,186/mo
$148KIncome needed
4.7×Price ÷ income
$735Weekly cost
$20,910Land 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.

76%mortgage
Mortgage $3,186Property tax $291Condo fee $720Total carry $4,197

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)
$3,061per month

Mortgage amount $559,200 · 4.39% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$4,072Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,061
Property tax
$291
Condo / maintenance fees
$720
Heating
$0
Estimated monthly cost
$4,072

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,708/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

$359,075Total interest paid
$918,275Total of all payments
Principal $559,200 Interest $359,075
YearPrincipalInterestBalance
1$12,654$24,077$546,546
2$13,216$23,515$533,330
3$13,802$22,929$519,528
4$14,415$22,316$505,114
5$15,054$21,677$490,059
6$15,723$21,008$474,336
7$16,420$20,311$457,916
8$17,149$19,582$440,767
9$17,910$18,821$422,857
10$18,705$18,026$404,151
11$19,535$17,196$384,616
12$20,402$16,329$364,214
13$21,308$15,423$342,906
14$22,254$14,477$320,652
15$23,241$13,490$297,411
16$24,273$12,458$273,138
17$25,350$11,381$247,789
18$26,475$10,256$221,314
19$27,650$9,081$193,664
20$28,877$7,854$164,786
21$30,159$6,572$134,628
22$31,497$5,234$103,130
23$32,895$3,836$70,235
24$34,355$2,376$35,880
25$35,880$851$0

At the end of your 5-year term

Total paid over the term
$183,655
Principal paid down
$69,141
Interest paid
$114,514
Balance remaining
$490,059

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$2,864/mo
$34,368Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,721 to $3,008Typical 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 20 whole-home leases in Moss Park signed at a median of $2,765 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,864. 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.

4.9%
Gross yield
− Property tax $3,491− Condo fees $8,640− Insurance $600− Vacancy & upkeep $3,780Net operating income $17,856

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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