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New3 hours ago

706 - 400 Adelaide Street E

Moss Park, Toronto

$899,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$802
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,029
mls© NumberC13812588
Listed ByAIMHOME REALTY INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$336
Heat allowance
$150
Condo fees, half counted
$401
Housing costs
$5,488 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,800
25-yr amortization

Income needed

$169,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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