500 Sherbourne Street, Toronto, ON

$2,888,000
MLS#:C13074652
3 beds
3 baths
2500-2749 sqft
2.0 parking
Residential Condo & Other
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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 $2,888,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2500-2749 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

An Extraordinary and Rare Suite Residence By Times Group Corporation Nestled In The Heart Of Downtown Toronto. A True One-Of-A-Kind Custom-Designed 3-Bedroom Masterpiece That Offers Over 2,500 Sq Ft Of Luxurious Living Space That's Illuminated By Natural Lighting From Sunrise To Sunset. Graciously Grand Living Area With A Cozy Fireplace That Seamlessly Walks Out Onto An Expansive 1,380 Sq Ft Private Terrace With Unobstructed Panoramic South West Exposure View. The Gourmet Kitchen And Bathrooms Elegantly Equipped With Quartz Countertops and Contemporary Soft-Close Cabinetry. Showcasing Premium Finishes And Craftsmanship Featuring 10 Ft Smooth Coffered Ceilings, Wainscotting Wall, Hardwood Flooring and Pot Lights Throughout. Primary Bedroom With 5-Pc Ensuite, Oversized Walk-In Closet With Custom Island, and Access To Private Balcony. Resort Style Amenities, Including 24 Hour Concierge, Gym, Multipurpose Room, Theatre, and Rooftop Garden. Steps To FreshCo, Shoppers Drug Mart and Public Transit. 5 Mins Walk To Sherbourne Subway Station. Nearby Yorkville, Eataly, Gourmet Restaurants, LCBO, GoodLife and Yonge & Bloor. Short Drive To DVP.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2500-2749 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$10,700.5

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit

Interior Features

Carpet Free

Security Features

Concierge/Security, Alarm System

Community Features

Location

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500 Sherbourne Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 500 Sherbourne Street 2302, Toronto C08, ON M4X 1L1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$577,600 (20.0%)
* Minimum Canadian down payment required for this price is $577,600.
Amortization Period25 Years
Estimated Monthly Payment$13,768Based on a loan of $2,310,400 over 25 years.
Purchase Price$2,888,000
Loan Amount$2,310,400
Provincial Land Transfer Tax:$58,675
Toronto Municipal Land Transfer Tax:$58,675
Total Estimated Closing Taxes:$117,350

About Purchasing a Home in Toronto, ON

For a property listed at $2,888,000 in Toronto, the legal minimum down payment is $577,600 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 $58,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $58,675 also applies, bringing the total estimated land transfer taxes to $117,350.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North St. James Town, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$726,572

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9
Church Street
Public83 Alexander Street, Toronto, Ontario, M4Y 1B7
4.8
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Our Lady of Lourdes
Public444 Sherbourne Street, Toronto, Ontario, M4X 1K2
6.5
Jesse Ketchum
Public61 Davenport Road, Toronto, Ontario, M5R 1H4
7.3

Secondary Schools

Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1
St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.