Salehian.com 647-325-5000

400 Adelaide Street E 706

Moss Park, Toronto, M5A 4S3 · More in this building

$855,000

Reduced $44,000 from $899,000

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  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
  • 900-999 sq ft

Listed 28 days ago · MLS® C13812588

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.

Details

Type
Condo Apartment
Style
Apartment
Size
900-999 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$4,029 (2026)
Maintenance fee
$802/month
Neighbourhood
Moss Park
Municipality
Toronto C08
Price per sq ft
$900 (4% above condo apartments in Moss Park, $868)
Fee per sq ft
$0.84/month (Toronto median $0.92)

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (flat), 1 × 3-piece (flat)
Rooms
5 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Monthly fee
$802
Fee includes
Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Amenities
Concierge, Guest Suites, Gym, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Locker
Owned (level C)
Balcony
Open
Exposure
South West
Pets
Yes-with Restrictions
Property manager
First Service Residential

More

Possession
60-90
Nearby
Library, Park, Public Transit, School
Cross street
Adelaide/Sherbourne

Rooms

RoomLevelSizeFeatures
Bedroom 2Ground3.41 × 2.48 m (11'2" × 8'2")Laminate, Large Closet, Large Window
Living RoomGround3.26 × 5.15 m (10'8" × 16'11")Laminate, SW View, W/O To Balcony
KitchenGround5.24 × 3.48 m (17'2" × 11'5")Laminate, Modern Kitchen, Stainless Steel Appl
Dining RoomGround3.26 × 5.15 m (10'8" × 16'11")Laminate, Combined w/Living, Open Concept
Primary BedroomGround3.08 × 3.87 m (10'1" × 12'8")Laminate, 4 Pc Ensuite, Walk-In Closet(s)

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 King Subway14 min walk
  • 🚇 Queen Subway15 min walk
  • 🚆 Toronto Union Station GO1.3 km

Within a 10-minute walk: 14 grocery stores, 213 cafés and restaurants, 24 parks, 17 pharmacies. Nearest grocery: No Frills (200 m). Nearest park: Time and Space Courtyard (350 m).

Schools nearby

Elementary

  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    5 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    8 min walk
  • Downtown Alternative School9 min walk
  • École élémentaire Gabrielle-Roy French
    EQAO: Gr 6 reading 100%, math 88%    9 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    11 min walk
  • Collège français French1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Moss Park (2025): 119% above the Toronto average, about the same from the year before.

  • Assault190% above average
  • Break and enter85% above average
  • Auto theft64% below average
  • Robbery112% above average
  • Theft from vehicles30% above average
  • Shootings58% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 31 active

  • 231 RICHMOND ST E · 250 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 281 FRONT ST E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Application to permit two residential towers (54 and 50 storeys) with 1,065 dwelling units and 643 square metres of retail space on the ground floor.
    Application details
  • 150 SHERBOURNE ST · 400 m
    Site Plan · Under Review · applied 2024
    Site Plan Control application for a 7,544.3 square metres City of Toronto community centre to replace the existing John Innes Community Centre.
    Application details
  • 298 KING ST E · 250 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 42-storey (139.90 metres including mechanical penthouse) mixed-use building with 1,188 square metres of commercial uses at grade…
    Application details
  • 529 RICHMOND ST E · 300 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 46 storey (156.3 metres including mechanical penthouse) mixed-use building with 419 dwelling units and 328 square metres of…
    Application details
  • 69 ONTARIO ST · 150 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 43-storey mixed-use building that includes 278 square metres of retail space on the ground floor and 380 dwelling units above.
    Application details

38 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 300 m
  • 🚧 Distillery District 350 m
  • 🚧 Queen 950 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Electromagnetic Locks · 2020 · Closed
    Proposal to install electromagnetic locks on parking levels P1, P2, and P3.
  • Interior Alterations · 2018 · Closed
    Revision 01 - Proposal to change the swing doors to pocket doors and change the diffuser location as per bubbled drawings.Proposal for…
  • Balcony/Guard Repairs · 2017 · Closed
    Proposal to install a glazing system in balcony of unit 1222 in existing apartment building.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

24 City street trees within 100 m, mostly honeys. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by AIMHOME REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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