460 Adelaide Street Unit Ph203, Toronto C08

Price: $915,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13854602

PH203 A True Penthouse with Unmatched Views.From the moment you arrive under the hotel-style porte cochere, you know this place is different. Step into the grand, boutique-style lobby, where a 24/7 concierge awaits.Thenstraight to the top. PH203 is one of just nine penthouses in Axioms west tower, offering rare peace, privacy, and 180 unobstructed views. Whether its the vibrant skyline, glowing sunsets, or soft magic hour light, postcard views abound.This split-bedroom floorplan offers soaring 10 floor-to-ceiling windows that frame epic views. Remote-controlled SOMA blinds let you set the mood. Open the doors to the 23 northwest-facing terrace with composite decking and faux plant privacy screenand enjoy seamless indoor-outdoor living. Whether youre hosting friends or sipping morning coffee, this space is a sanctuary.Inside, the open living area and entertainers kitchen include custom touches like a lazy Susan cabinet, hidden spice racks, and toe-kick drawers. A new LG dishwasher with a transferable warranty brings peace of mind.The king-sized primary bedroom features crown molding, wainscoting, and its own west-facing terraceperfect for sunbathing or a roof garden. The ensuite includes a soaker tub, black fixtures, glass partition, and even a view from the bath.The second bedroom offers flexibility with fresh paint, an art deco-inspired light, blackout blinds, and panoramic viewsideal as a guest room, home office, or creative space.Enjoy 24/7 concierge, fitness center, sauna, screening room, lounge, billiards room, and guest suites.Walk to St. Lawrence Market, Eaton Centre, King Subway, the Distillery District, and Leslieville. Two future Ontario Line stations and the DVP are nearby.PH203 isnt just a condoits a lifestyle in the sky.

460 Adelaide Street Unit Ph203 - Condo photo 1 of 50 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing

$915,000 - 460 Adelaide Street Unit Ph203, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 2 days ago

Neighbourhood: Moss Park

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
C13854602
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2025)
$3,662
Maintenance Fees
$723/mo
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

PH203 A True Penthouse with Unmatched Views.From the moment you arrive under the hotel-style porte cochere, you know this place is different. Step into the grand, boutique-style lobby, where a 24/7 concierge awaits.Thenstraight to the top. PH203 is one of just nine penthouses in Axioms west tower, offering rare peace, privacy, and 180 unobstructed views. Whether its the vibrant skyline, glowing sunsets, or soft magic hour light, postcard views abound.This split-bedroom floorplan offers soaring 10 floor-to-ceiling windows that frame epic views. Remote-controlled SOMA blinds let you set the mood. Open the doors to the 23 northwest-facing terrace with composite decking and faux plant privacy screenand enjoy seamless indoor-outdoor living. Whether youre hosting friends or sipping morning coffee, this space is a sanctuary.Inside, the open living area and entertainers kitchen include custom touches like a lazy Susan cabinet, hidden spice racks, and toe-kick drawers. A new LG dishwasher with a transferable warranty brings peace of mind.The king-sized primary bedroom features crown molding, wainscoting, and its own west-facing terraceperfect for sunbathing or a roof garden. The ensuite includes a soaker tub, black fixtures, glass partition, and even a view from the bath.The second bedroom offers flexibility with fresh paint, an art deco-inspired light, blackout blinds, and panoramic viewsideal as a guest room, home office, or creative space.Enjoy 24/7 concierge, fitness center, sauna, screening room, lounge, billiards room, and guest suites.Walk to St. Lawrence Market, Eaton Centre, King Subway, the Distillery District, and Leslieville. Two future Ontario Line stations and the DVP are nearby.PH203 isnt just a condoits a lifestyle in the sky.

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Estimated Payment

$4,694.42/mo

Includes CMHC insurance ($25,529)

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5-yr fixed avg.

Principal: $823,500Interest: $559,299
Mortgage Amount$849,029
Total Interest$559,299
Est. Property Tax$648/mo
Total Cost$1,408,327

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Moss Park

Discover Moss Park

Moss Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Moss Park

  • •Convenient location in Regent Park / Cabbagetown / St. James Town
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Moss Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

460 Adelaide Street Unit Ph203, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

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Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$723
Property Tax (est.)-$648
Insurance (est.)-$191
Net Cash Flow+$638

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1144/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $723/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Moss Park

I know Moss Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    460 Adelaide Street Unit Ph203 | $915,000 | Battaglia Team