500 Sherbourne Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North St. James Town. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $529,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To The 500! Located Just South Of Bloor St., This Spacious 1 Bedroom + Den (624 Sqft + 50 Sqft Balcony), Features A Beautiful Open Concept Floor Plan. Countless Builder Upgrades Include; Gorgeous S/S Appliances, Granite Countertops, Dark Espresso Kitchen Cabinets & A Granite Breakfast Bar. With its preferred north exposure onto quiet Lourdes Ln, you can enjoy the Beautiful Open Balcony on those lazy Summer nights! Also features a Spacious Bedroom W/Large Closet & A Window; Oversized Den, 9 Foot Ceilings, Laminate Floors Throughout, Ensuite Laundry & Much More! Located Minutes To Yorkville, Shopping, Parks, Subway Line, Library, Wonderful Restaurants & So Much More. Great opportunity for first time home buyers trying to get into the market or for the savoy investor looking to add their portfolio! Building Amenities Include a Gym, Billiards Room, 24 Concierge, Terrace, Theatre Room, Party and Meeting Room, EV Charging Station, Visitor Parking & More! The 500 Is One Of the Finest Run Condos Downtown, Perfect Condo to Call Home!
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Separate Hydro Meter
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 Sherbourne Street 511, Toronto C08, ON M4X 1L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $529,900 in Toronto, the legal minimum down payment is $27,990 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 $7,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,073 also applies, bringing the total estimated land transfer taxes to $14,146.
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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.
