702-32 Trolley Crescent, Toronto, ON

Moss Park, Toronto · MLS® C13865774

$879,900
For Sale
Listed 13 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to River City 2, an award-winning architectural landmark offering modern loft-style living at its finest.
  • The thoughtfully designed split-bedroom layout features nine-foot exposed concrete ceilings, engineered hardwood flooring, and a sleek contemporary kitchen with...
  • The open-concept living and dining area walks out to a full-length balcony with unobstructed views, creating the perfect extension of the living space for relaxing or...
  • The primary bedroom features a private ensuite, while the convenient two-in-one washer/dryer adds everyday functionality.
  • Enjoy an exceptional collection of amenities, including a fully equipped fitness centre, rooftop terrace, outdoor lap pool, party room, billiards room and guest suites.

Welcome to River City 2, an award-winning architectural landmark offering modern loft-style living at its finest. This sun-filled two-bedroom, two-bathroom condo offers 938 sq. ft. of interior living space plus a spacious 97 sq. ft. balcony, with a bright south-facing exposure and floor-to-ceiling, wall-to-wall windows that fill the home with natural light. The thoughtfully designed split-bedroom layout features nine-foot exposed concrete ceilings, engineered hardwood flooring, and a sleek contemporary kitchen with quality finishes, granite countertops and stainless steel appliances. The open-concept living and dining area walks out to a full-length balcony with unobstructed views, creating the perfect extension of the living space for relaxing or entertaining. The primary bedroom features a private ensuite, while the convenient two-in-one washer/dryer adds everyday functionality. Enjoy an exceptional collection of amenities, including a fully equipped fitness centre, rooftop terrace, outdoor lap pool, party room, billiards room and guest suites. This unit also includes a parking spot and locker. Ideally located just minutes from the Gardiner Expressway, Lake Ontario, parks, the Distillery District and Financial District, with a Walk Score of 93, Transit Score of 100 and Bike Score of 100. A rare opportunity to enjoy stylish, spacious and highly connected urban living in one of Toronto's sought-after architectural communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13865774
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
King St E & River St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$805/mo
Exposure
East
Property tax
$4,005 / 2026
Days on market
13
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

KitchenMain7.30 × 5.00 m

stainless steel appl · hardwood floor · breakfast bar

Living RoomMain7.30 × 5.00 m

combined w/dining · hardwood floor · w/o to balcony

Bedroom 2Main2.80 × 3.10 m

large window · hardwood floor

Dining RoomMain7.30 × 5.00 m

combined w/living · hardwood floor · large window

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 Queen Alexandra Middle 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
Church-Yonge Corridor
$580K
North St. James Town
$649K
Kensington-Chinatown
$600K
Waterfront Communities C1
$713K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Nelson Mandela Park Public School · Public elementary0.5 km · 47% at standard
SEED Alternative School · Public secondary0.7 km
Lord Dufferin Junior and Senior Public School · Public elementary1.1 km · 55% at standard
Market Lane Junior and Senior Public School · Public elementary1.1 km · 74% at standard
Sprucecourt Junior Public School · Public elementary1.1 km · 59% at standard
Eastdale Collegiate Institute · Public secondary1.1 km
Morse Street Junior Public School · Public elementary1.2 km · 76% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.4 km
Quest Alternative School Senior · Public elementary1.5 km
Withrow Avenue Junior Public School · Public elementary1.5 km · 85% at standard
St Michael Catholic School · Catholic elementary1.6 km · 67% at standard
Downtown Alternative School · Public elementary1.6 km

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

Affordability & Mortgage

Affordability
$4,010/mo
$182KIncome needed
4.8×Price ÷ income
$925Weekly cost
$28,146Land 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.

78%mortgage
Mortgage $4,010Property tax $334Condo fee $805Total carry $5,149

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)
$3,892per month

Mortgage amount $703,920 · 4.49% over 25 years

$175,980Down payment (20.0%)
$703,920Loan before insurance
$0CMHC premium
$5,031Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,892
Property tax
$334
Condo / maintenance fees
$805
Heating
$0
Estimated monthly cost
$5,031

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

One-time closing costs

Ontario land transfer tax
$14,073
Toronto municipal land transfer tax
$14,073
Estimated closing costs
$28,146

Plus your down payment of $175,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,711/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

$463,708Total interest paid
$1,167,628Total of all payments
Principal $703,920 Interest $463,708
YearPrincipalInterestBalance
1$15,708$30,997$688,212
2$16,422$30,283$671,790
3$17,167$29,538$654,622
4$17,947$28,758$636,676
5$18,762$27,943$617,914
6$19,614$27,092$598,300
7$20,504$26,201$577,796
8$21,435$25,270$556,361
9$22,408$24,297$533,953
10$23,426$23,279$510,527
11$24,489$22,216$486,038
12$25,601$21,104$460,437
13$26,764$19,942$433,673
14$27,979$18,726$405,695
15$29,249$17,456$376,445
16$30,577$16,128$345,868
17$31,965$14,740$313,903
18$33,417$13,288$280,486
19$34,934$11,771$245,552
20$36,520$10,185$209,032
21$38,178$8,527$170,853
22$39,912$6,793$130,941
23$41,724$4,981$89,217
24$43,618$3,087$45,599
25$45,599$1,106$0

At the end of your 5-year term

Total paid over the term
$233,526
Principal paid down
$86,006
Interest paid
$147,520
Balance remaining
$617,914

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$3,050/mo
$36,600Gross annual rent
2.1%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.

4.2%
Gross yield
− Property tax $4,005− Condo fees $9,656− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,313

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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