11 hours on Market

500 Sherbourne St #3006, Toronto, Ontario M4X 1L1

In the same building:
-
Condo
2
2
~1200-1399 sqft
$1,250,000
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Condo
2
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$967/sqft

Est. Mortgage$5,368/mo

Maintenance fees$1153/mo

Tax Amount (2024)$5,436/yr

Days On Market11 hours


Description

Welcome to 500 Condos & Lofts. One of the most sought after luxury buildings in the area complete with guest suites and 2 EV indoor charging stations. Asking only $938.00 per sq. ft. and a maintenance fee of only $0.83 per sq. ft. This unit is 1335 sq. ft. plus 2 separate balconies one south facing one west facing each 108 Square feet for a total of 1535 square feet of luxury living space. By far the most desired unit of all units in this building. South & west full unobstructed corner exposure. Two-full bedrooms, two full baths, parking, locker and a full size washer & dryer. The master bedroom has a full ensuite bath, with twin sinks, walk-in closet and walk-out to the separate south balcony. The second bedroom has a large double Custom closet/armoire and also a walk out to the south balcony. Storage space has been maximized with the use of many custom built-ins including pantry with built in wine fridge, closet organizers, and a gorgeous built-in living room wall unit. Capture the sun with direct unobstructed south & west corner city and lake views through the 10-foot-high floor to ceiling windows. Or lounge on the west facing balcony and enjoy the sparkle of the skyline & the beautiful sunsets. Updated modern concept with a fresh modern neutral colour palette & attention to detail; making this place move in ready. Check out the attached video for more pictures of the unit, building and amenities. Building provides 2 EV charging bays within the underground parking for residence only. **********LOCATION: Enjoy the finest in shopping, dining & entertainment. Only a 5-minute drive to the north or south DVP, 5-minute walk to the subway, Cabbagetown, & The Village. The best managed building in the area & 5-star concierge.


Property Details

StyleApartment
View-
Age of property11-15
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12009100
Community NameSaint James Town
Data SourceTRREB
Listing byREAL ESTATE HOMEWARD

Features

Heating: Heat Pump
Cooling: Central Air
Basement: Other

Flat Floor

Other

6.17 x 1.63

Balcony / Combined W/Br / South View

Bathroom

3.15 x 1.65

3 Pc Bath / Separate Shower / Tile Floor

Foyer

1.52 x 1.42

Double Closet / Mirrored Closet / Tile Floor

Living

5.77 x 5.01

B/I Bookcase / Window Flr to Ceil / Sw View


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


30Story
Elevator
Amenities

Concierge, Guest Suites, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 9, 2025
ListedActive
$1,250,000
11 hours on market
history photo preview40
Listing by trreb®
Property listed by REAL ESTATE HOMEWARD, Brokerage

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Market Data - Saint James Town

Geo Zone Map ThumbnailSaint James Town

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

62 days

Compared to

2024

61 days

2023

33 days

2022

9 days

New Listings

Past 30 days

58 listings

Compared to

2024

40 listings

2023

20 listings

2022

7 listings

Units sold

Past 30 days

7 units

Compared to

2024

3 units

2023

13 units

2022

9 units

Median Sold Price

Past 30 days

$540,000

Compared to

2024

$760,000

2023

$810,000

2022

$721,318


Population and Demographics

Overview

Total population 7589
Average household income $115,721

Age (%)

20 to 34
40%
35 to 49
22%
50 to 64
17%
0 to 19
11%
65 and plus
11%

Household composition (%)

Single person
54%
Single family
34%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
58%
Mandarin
8%
Spanish
4%
Tagalog (Pilipino, Filipino)
4%
French
3%
Arabic
2%
Yue (Cantonese)
2%
Korean
2%
Others
2%
Tamil
2%
Iranian Persian
2%
Russian
1%
Hindi
1%

House tenancy (%)

Renters
76%
Owners
24%

Schools and amenities

Estimated Budget