412-383 Adelaide Street, Toronto, ON

Moss Park, Toronto · MLS® C14082874

$1,599,000
For Sale
Listed 4 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Executive Penthouse |Unrivaled Industrial Chic in the Heart of Toronto Experience extraordinary loft living in this spectacular approx.1,200 sq. ft., two-storey...
  • Boasting sleek polished concrete floors throughout and faux brick accent walls on the upper level, this fully renovated residence effortlessly blends contemporary...
  • Key Property Features Soaring High Ceilings & Lighting: Enjoy impressive 9.5-foot ceilings on the main floor and soaring 13-foot ceilings on the upper level.
  • Masterpiece Kitchen: Outfitted with premium appliances, including a Fisher & Paykel refrigerator and a 6-burner gas Blue Flame stove-ideal for culinary enthusiasts.
  • Spa-Inspired Bathrooms: Main Floor Bath: Features heated floors, a therapeutic soaking tub, and heated towel racks for ultimate comfort.

Executive Penthouse |Unrivaled Industrial Chic in the Heart of Toronto Experience extraordinary loft living in this spectacular approx.1,200 sq. ft., two-storey penthouse. Boasting sleek polished concrete floors throughout and faux brick accent walls on the upper level, this fully renovated residence effortlessly blends contemporary luxury with urban character.Key Property Features Soaring High Ceilings & Lighting: Enjoy impressive 9.5-foot ceilings on the main floor and soaring 13-foot ceilings on the upper level. Masterpiece Kitchen: Outfitted with premium appliances, including a Fisher & Paykel refrigerator and a 6-burner gas Blue Flame stove-ideal for culinary enthusiasts. Entertainment Suite: Built-in Sonos surround sound system paired with a 11' x 6' drop-down screen and high-definition projector create an immersive home theater experience. Expansive Master Suite: A massive 14.5' x 25.3' primary bedroom with wall to wall closets, complete with an integrated sitting room and a cozy gas fireplace. Second Bedroom: Perfect as a guest room or home office, featuring a custom built-in desk and a space-saving Custom Murphy bed with built-in Cabinets. Spa-Inspired Bathrooms: Main Floor Bath: Features heated floors, a therapeutic soaking tub, and heated towel racks for ultimate comfort. Second Floor Bath: A stylish 3-piece bathroom featuring a custom glass walk-in shower. Outdoor Oasis: 350Sq. Ft. Private TerraceStep seamlessly out onto your private 350 sq. ft. rooftop terrace, designed for year-round outdoor entertaining and relaxation: Features a custom 10' x 10' pergola for shaded dining, sonos speakers. Equipped with direct natural gas hookup (perfect for BBQ/fire pit) and a dedicated water tap/hose line.Additional Amenities Parking: Includes 1 dedicated garage parking space.

Key facts

Property type
Condo Apartment, Loft
MLS®
C14082874
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Adelaide St E & Sherbourne St
Parking
1 garage (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,466/mo
Exposure
East
Property tax
$5,072 / 2026
Days on market
4
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Living RoomSecond5.60 × 4.27 m

open concept · concrete floor · w/o to deck

FoyerFlat2.06 × 3.99 m

concrete floor · closet

Dining RoomSecond5.60 × 4.27 m

combined w/living · concrete floor · window floor to ceiling

KitchenSecond4.45 × 3.42 m

open concept · marble counter · breakfast bar

Bedroom 2Flat3.21 × 2.40 m

concrete floor · murphy bed · french doors

Primary BedroomFlat5.40 × 7.70 m

combined w/sitting · gas fireplace · concrete floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.56Mlikely sale price

Listed at $1,599,000. Going by how homes in Moss Park have actually closed against their asking prices (about 97%, 63 local closings in 90 days), the likely sale price is near $1.56M, if it sells. A realistic range is $1.47M to $1.68M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.47MBelow recent closings$1.68MAbove recent closings

Total price vs nearby homes. Likely closing about $1.56M, from 63 recent closings in this pocket.

The market behind the math:

63sold nearby · 90 days
$475Kmedian sold price
96%of asking, on average
−15%prices vs a year ago
~27 dayshomes like this take to sell
4days on market so far
$4,056/moest. rent · 42 leases
3.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.4 months of inventory: 93 condo apartment homes for sale in the area against 63 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 $1,230/sqft against an area asking average of $948/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 63 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $951K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.

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 63 comparable homes that sold in Moss Park over the past 21 months, from 500 closings there.

What sellers nearby are askingCurrently listed nearby in Moss Park · asking prices
$1.26Mavg 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 $1.12M, which is where my estimate comes from.

Per square foot, these ask about $1,030/sqft; this home lists at $1,230/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.60MThis home1.40M1.30M1.07M1.20M1.33MThis home vs active comparables

Sold price trend

Median sold price for condos in Moss Park: $509K in September 2026, up 1% from a year ago, on 253 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.

Month by month
MonthMedian soldClosings
October 2025$551K26
November 2025$489K12
December 2025$520K18
January 2026$542K11
February 2026$545K24
March 2026$536K32
April 2026$555K22
May 2026$510K24
June 2026$550K24
July 2026$564K20
August 2026$525K11
September 2026$509K29

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
$554K
Church-Yonge Corridor
$876K
North St. James Town
$765K
Waterfront Communities C1
$667K
Kensington-Chinatown
$585K

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 elementary0.7 km · 62% at standard
St Michael's Choir (Jr) School · Catholic elementary0.9 km · 98% at standard
Nelson Mandela Park Public School · Public elementary0.9 km · 47% at standard
St Michael's Choir (Sr) School · Catholic secondary0.9 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.0 km · 55% 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
Church Street Junior Public School · Public elementary1.6 km · 73% at standard
Native Learning Centre · Public secondary1.6 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.6 km
Our Lady of Lourdes Catholic School · Catholic elementary1.7 km · 64% at standard
Jarvis Collegiate Institute · Public secondary1.7 km · 57% at standard

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

Affordability & Mortgage

Affordability
$7,288/mo
$320KIncome needed
5.0×Price ÷ income
$1,682Weekly cost
$56,910Land 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.

79%mortgage
Mortgage $7,288Property tax $423Condo fee $1,466Total carry $9,177

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$8,962Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$423
Condo / maintenance fees
$1,466
Heating
$0
Estimated monthly cost
$8,962

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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 42 whole-home leases in Moss Park$4,056/mo
$48,672Gross annual rent
1.3%Cap rate after taxes and upkeep
$3,853 to $4,259Typical rent range
~18 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 42 whole-home leases in Moss Park signed at a median of $3,306 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,056. 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.

3.0%
Gross yield
− Property tax $5,072− Condo fees $17,594− Insurance $600− Vacancy & upkeep $5,354Net operating income $20,052

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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