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New4 hours ago

322 - 400 Adelaide Street E

Moss Park, Toronto

$724,800

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

Welcome to Ivory on Adelaide, ideally located in the heart of downtown Toronto. This bright and spacious 862 sq. ft. 2-bedroom, 2-bathroom suite features a highly functional split-bedroom layout offering excellent privacy and comfortable everyday living. The open-concept kitchen, dining and living area is perfect for both relaxing and entertaining, featuring stainless steel appliances and ample workspace. Floor-to-ceiling windows fill the suite with natural light, while two walkouts lead to a private balcony extending the living space outdoors. Residents enjoy a full selection of building amenities, including 24-hour concierge, a modern fitness centre, party room, guest suites, rooftop terrace and garden with BBQs, and visitor parking. Nestled in the St. Lawrence neighbourhood, you're just steps from George Brown College, St. Lawrence Market, the Distillery District, King Street transit and the Financial District, with convenient access to the DVP and Gardiner. An excellent downtown home offering space, functionality and convenience for professionals, couples or small families.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$714
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,599
mls© NumberC13833398
Listed ByBAY STREET GROUP INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • 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%
$3,710
Property tax
$300
Heat allowance
$150
Condo fees, half counted
$357
Housing costs
$4,517 / mo

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

Down payment20% · $144,960
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,050 / mo
Cash down
$144,960

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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