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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 391 Sherbourne Street, a professionally managed rental residence in the vibrant Cabbagetown-South St. James Town neighbourhood. This updated one-bedroom suite offers a comfortable and functional layout with a bright living area, separate bedroom, and a modern kitchen equipped with essential appliances. Enjoy hardwood-style flooring throughout, controlled-entry access, and the added security of video surveillance for peace of mind. Heat and water are provided at a flat monthly fee, while hydro is metered separately, allowing for predictable utility costs. The building provides 24/7 emergency maintenance, ensuring reliable support whenever you need it. Perfectly positioned for urban convenience, the property is just minutes from Allan Gardens, TTC streetcar and bus routes, and walking distance to Toronto Metropolitan University, the University of Toronto, George Brown College, and the many restaurants, cafés, and grocery stores that define downtown living. With a high walkability score and quick access to the Gardiner Expressway, commuting and exploring the city couldn't be more convenient. Experience comfortable city living close to schools, transit, green spaces, and everyday essentials.Students, newcomers, and professionals are all welcome. please note, some photos have been virtually staged and are also of typical similar units within the building
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Carpet Free, Separate Heating Controls, Separate Hydro Meter, Ventilation System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 391 Sherbourne Street 103, Toronto C08, ON M4X 1K4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,900 in Toronto, the legal minimum down payment is $95 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $19.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.