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 concrete construction, this residence presents an exceptional opportunity offered at $800,000 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 2 Bathrooms
- Generous living space spanning 900-999 sqft
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This is a rare opportunity to own one of the most sought after north/west corner suites within the complex, no other view can compare. With both west and north unobstructed breathtaking city and CN tower views through the floor to ceiling windows in every room means no shortage of brightness. This unit has 9-foot ceilings, and is a total of 976 sq. ft. plus a 61 sq. ft. covered balcony putting the total lifestyle value well over 1000 square feet. The unit comes with a parking space, a locker, and 2 private bike locking stations and access to 2 common element electric car charging stations. The living space is well laid out, no wasted space, the unit contains a split bedroom plan with 2 full bedrooms, 2 full baths, both baths have been updated including cabinets installed over the toilets. Both bedrooms have closets, gorgeous windows, and stunning views. The second bedroom has a beautiful murphy bed and shelving that is included. Some of the upgrades include kitchen island, new countertops, updated bathrooms, new quality flooring, and baseboards with shoe moulding. After a long day you can relax on the covered balcony and enjoy the most amazing sunsets. The detail in this unit is an absolute must see to appreciate. Check out the video and floor plans or better, book an appointment. Way too much to list here.
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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 2010, 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 $800,000 in Toronto, the legal minimum down payment is $55,000 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 $12,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,475 also applies, bringing the total estimated land transfer taxes to $24,950.
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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.
