- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $900at the range’s middle
- Tax a year
- $4,0292026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 706-400 Adelaide St
706-400 Adelaide St is a 2-bedroom, 2-bathroom condo in Moss Park, Toronto, listed for sale at an asking price of $855,000 (MLS® C13812588).
Welcome to Unit 706 at the iconic Ivory on Adelaide condo, a rare 983 sqft. corner suite offering exceptional space, natural light, and an outstanding downtown location. This bright and spacious 2-bedroom corner unit sits at the heart of Old Toronto. With desirable south and west exposures, the suite is filled with sunlight throughout the day. The thoughtfully designed layout features two spacious bedrooms and two full bathrooms. The primary bedroom offers a generous walk-in closet and private ensuite bathroom with bathtub, while the second bedroom currently configured as a home office comfortably accommodates a queen-sized bed. The open-concept living and dining areas offer generous proportions for both everyday living and entertaining. The kitchen features a large center island and newer appliances, while a private balcony provides additional outdoor space. In-suite laundry and a dedicated storage room add further convenience. Residents enjoy a comprehensive range of building amenities including a large outdoor terrace with BBQ and lounge areas, fitness facility, 24-hour concierge, party room, executive lounge, and guest suite. The unit also includes parking with an upgraded dedicated bike rack and a separate locker. Ideally situated in Old Toronto, the property is within a 10-minute walk of both St. Lawrence Market and the Distillery District, with restaurants, cafés, shops, and historic landmarks throughout the surrounding neighborhood. TTC access is just steps away, with convenient connections to the Financial District and easy DVP access, making it an ideal choice for professionals and families alike. With its rare 983 sqft. space, corner positioning, exceptional natural light, and unbeatable location, Unit 706 offers a distinctive opportunity to enjoy spacious downtown living in one of Toronto's most established neighborhoods.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall13/100−$2,389/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 84 condos with 2 bedrooms for lease in Moss Park right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,029 / 2026
- MLS® number
- C13812588
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Moss Park
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Parking & Locker Included! Fridge, Stove, Washer & Dryer, Dishwasher, Built-In Microwave, All Elfs
- Condo maint.
- $802
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| 2nd Br | 2.48 × 3.41 m | Laminate, Large Closet, Large Window | Ground |
| Living | 5.15 × 3.26 m | Laminate, Sw View, W/O To Balcony | Ground |
| Kitchen | 3.48 × 5.24 m | Laminate, Modern Kitchen, Stainless Steel Appl | Ground |
| Dining | 5.15 × 3.26 m | Laminate, Combined W/Living, Open Concept | Ground |
| Primary | 3.87 × 3.08 m | Laminate, 4 Pc Ensuite, W/I Closet | Ground |
Listing history
Buy/sell history for 706-400 Adelaide St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $855,000 | N/A | Pc | C13812588 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $171,000
- Total mortgage amount
- $684,000
- Total interest payment
- $486,300
- Total purchase cost
- $1,341,300
- Mortgage payment
- $3,901/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
69%Monthly carrying cost
$5,039- Rent $2,650
- Shortfall $2,389
Rental income opens at $2,650, the median asking rent of 84 comparable homes for lease in Moss Park. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $13,575
- Toronto municipal land transfer tax
- $13,575
- Total land transfer tax
- $27,150
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $18,675
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $855,000
- $9,100
- Ontario total
- $13,575
Toronto’s municipal tax uses the same brackets at this price, so it adds another $13,575.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR SS1 (x339)By-law
569-2013Municipality
Toronto1 x339
Site-specific exception 339: this site has rules of its own, written in the by-law.
2 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
3 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(339)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
187 KING ST ESite planUnder Review
Site Plan Approval for a 17-storey, 16-unit building at 65 George Street. The first floor of the existing heritage building will be incorporated into the new building. The 4-storey Part IV designated building at 187 King Street East is to be conserved and will continue to be used as commercial space.
150 m away187 KING ST EOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application for a 17-storey, 16-unit building at 65 George Street. The first floor of the existing heritage building will be incorporated into the new building. The 4-storey Part IV designated building at 187 King Street East is to be conserved and will continue to be used as commercial space.
150 m away65 GEORGE STSite planUnder Review
Site Plan Approval for a 17-storey, 16-unit building at 65 George Street. The first floor of the existing heritage building will be incorporated into the new building. The 4-storey Part IV designated building at 187 King Street East is to be conserved and will continue to be used as commercial space.
170 m away65 GEORGE STOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application for a 17-storey, 16-unit building at 65 George Street. The first floor of the existing heritage building will be incorporated into the new building. The 4-storey Part IV designated building at 187 King Street East is to be conserved and will continue to be used as commercial space.
170 m away120 SHERBOURNE STSite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
230 m away122 SHERBOURNE STSite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
230 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Moss Park right now
- For sale now
- 152
- Median asking price
- $550K
- New in 7 days
- 15
- Price cuts
- 13%
Middle half: $453K to $792K
52 in 28 days
19 listings
This home is asking 55% above the median, higher than three quarters of them.
See all homes in Moss ParkAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 700 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 800 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 1 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.1 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 450 m | 65%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 78%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 550 m | 96%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 750 m | 99%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 750 m | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 900 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.5 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Moss Park are shown to signed-in members.