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 $760,000 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 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 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
Welcome To This Beautifully Updated 2 Bedroom + Den, 2 Bathroom Condo In The Lively North St. James Town Neighbourhood. With 860 Sq FtOf Efciently Designed Space, This Unit Is Ideal For Anyone Seeking Comfort And Convenience In The City. Enjoy The Natural Light From TheSouthern Exposure And A Large Balcony Accessible From The Living Room And Second Bedroom, Perfect For Relaxing Or Entertaining.ThisCondo Features Durable Laminate Flooring Throughout And Ceramic Tiles In A Practical Kitchen Equipped With An Island, Stainless SteelAppliances, And Granite Countertops. Both Bathrooms Also Boast Granite Countertops, Enhancing The Clean, Modern Feel. Freshly PaintedWalls And Updated Light Fixtures Throughout The Unit Create A Bright And Welcoming Atmosphere, Making It Truly Move-In Ready. One ParkingSpot And One Locker Are Included For Your Convenience. Situated In A Well-Maintained Building Designed By Renowned Architect PaulNorthgrave, You Are Steps Away From The TTC, Groceries, Pharmacies, Schools, And Parks. Building Amenities Include 24-HourConcierge,Theatre, Party And Games Rooms, Sauna, Gym, Exercise Studio, And A Rooftop Garden With BBQ. This Unit Is Not Just A Home; Its ALifestyle Solution Right In The Heart Of Toronto's Cultural Scene, Close To Yorkville, Museums, And Universities. All Window Coverings AreIncluded,Making This An Ideal Choice For Those Seeking A Practical And Stylish Urban Living Experience.
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Pricing & Value Insights
Data-driven valuation for 500 Sherbourne Street 608, 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 $760,000 in Toronto, the legal minimum down payment is $51,000 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 $11,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,675 also applies, bringing the total estimated land transfer taxes to $23,350.
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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.
