521-28 Eastern Avenue, Toronto, ON

Moss Park, Toronto · MLS® C13824144

$644,000
For Sale
Listed 25 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Urban living at 28 Eastern, located in Corktown's newest 12-storey boutique building.
  • This brand new, never lived in 2 bed, 2 bath suite is ideal for home owners looking to either downsize or upsize - offering the perfect balance of style, comfort, and...
  • With a Walk Score of 95 and Transit & Bike Scores of 100, you're moments from the Distillery District, St.

Urban living at 28 Eastern, located in Corktown's newest 12-storey boutique building. This brand new, never lived in 2 bed, 2 bath suite is ideal for home owners looking to either downsize or upsize - offering the perfect balance of style, comfort, and convenience. This suite provides an efficient layout that balances comfort, functionality, and modern urban living. The spacious living and dining area flows into a sleek kitchen with integrated appliances and ample storage, while large south-facing windows flood the space with natural light. With a Walk Score of 95 and Transit & Bike Scores of 100, you're moments from the Distillery District, St. Lawrence Market, Canary District, the Waterfront, George Brown College, parks, shops, dining, and entertainment. Commuting is seamless with quick access to the Gardiner Expressway, DVP, TTC, and the upcoming Corktown Subway Station - ideal for both professionals and urban explorers. Parking and locker available for purchase.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13824144
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Parliament St and Front St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$464/mo
Exposure
South
Days on market
25
Listing brokerage
BAKER REAL ESTATE INCORPORATED

Rooms

Primary BedroomFlat2.69 × 3.07 m

large window · vinyl floor · ensuite bath

OfficeFlat1.95 × 1.00 m

Vinyl Floor

Dining RoomFlat8.66 × 2.74 m

vinyl floor · open concept · combined w/kitchen

DenFlat2.38 × 1.80 m

Vinyl Floor

Living RoomFlat8.66 × 2.74 m

w/o to balcony · vinyl floor

Bedroom 2Flat1.90 × 2.38 m

vinyl floor · closet

KitchenFlat8.66 × 2.74 m

b/i appliances · combined w/dining · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Waterfront Communities C8
$525K
Kensington-Chinatown
$578K
Waterfront Communities C1
$699K
Niagara
$631K
Little Portugal
$549K

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 · 0.5 km awayBelow the GTA average · 47% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Market Lane Junior and Senior Public School · Public elementary0.5 km · 74% at standard
St Michael Catholic School · Catholic elementary1.0 km · 67% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.0 km · 55% at standard
Downtown Alternative School · Public elementary1.0 km
Queen Alexandra Middle School · Public elementary1.2 km · 71% at standard
SEED Alternative School · Public secondary1.2 km
Sprucecourt Junior Public School · Public elementary1.3 km · 59% at standard
Dundas Junior Public School · Public elementary1.3 km · 59% at standard
St Michael's Choir (Jr) School · Catholic elementary1.5 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.5 km · 98% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.6 km
Winchester Junior and Senior Public School · Public elementary1.7 km · 76% at standard

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

Affordability & Mortgage

Affordability
$2,935/mo
$138KIncome needed
4.7×Price ÷ income
$677Weekly cost
$18,710Land 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.

77%mortgage
Mortgage $2,935Estimated property tax $403Condo fee $464Total carry $3,802

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)
$2,849per month

Mortgage amount $515,200 · 4.49% over 25 years

$128,800Down payment (20.0%)
$515,200Loan before insurance
$0CMHC premium
$3,715Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,849
Estimated property tax
$403
Condo / maintenance fees
$464
Heating
$0
Estimated monthly cost
$3,715

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

One-time closing costs

Ontario land transfer tax
$9,355
Toronto municipal land transfer tax
$9,355
Estimated closing costs
$18,710

Plus your down payment of $128,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,448/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

$339,389Total interest paid
$854,589Total of all payments
Principal $515,200 Interest $339,389
YearPrincipalInterestBalance
1$11,497$22,686$503,703
2$12,019$22,164$491,684
3$12,565$21,619$479,119
4$13,135$21,048$465,984
5$13,732$20,452$452,252
6$14,355$19,828$437,897
7$15,007$19,177$422,890
8$15,688$18,495$407,202
9$16,401$17,783$390,801
10$17,145$17,038$373,656
11$17,924$16,260$355,732
12$18,738$15,446$336,994
13$19,588$14,595$317,406
14$20,478$13,706$296,928
15$21,407$12,776$275,521
16$22,379$11,804$253,141
17$23,396$10,788$229,746
18$24,458$9,726$205,288
19$25,568$8,615$179,720
20$26,729$7,454$152,991
21$27,943$6,241$125,048
22$29,212$4,972$95,836
23$30,538$3,646$65,298
24$31,924$2,259$33,374
25$33,374$810$0

At the end of your 5-year term

Total paid over the term
$170,918
Principal paid down
$62,948
Interest paid
$107,970
Balance remaining
$452,252

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
Estimate$2,050/mo
$24,600Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $4,508− Condo fees $5,574− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,212

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

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