1301 - 500 Sherbourne St

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For SaleThe 500 Sherbourne Condos

$569,000

1 Bed + 1

1 Bath

0 Parking

605 SQFT

29 Days on Strata

Est Sell Timeframe

9 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$482/mth

Taxes:

$2,353 (2024)

Cost Per Sqft:

$940/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North

Possession Date:

To Be Arranged

Laundry:

Main

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Building Maintenance

Building Insurance

Excluded

Hydro

Utility Type

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air

Room Dimensions

Living

Open Concept, Walkout To Balcony, Combined with Dining

14.6 x 11.16ft

Dining

Laminate, Open Concept, Combined with Living

14.6 x 11.16ft

Kitchen

Granite Counter, Stainless Steel Appliances, O/Looks Living

9.45 x 7.32ft

About this Listing

Offering This Attractive, Freshly Painted & Light Filled 1 Bedroom + Den Suite w 9 Ft Ceilings & A Balcony With Fabulous North Exposure Views! The Primary Bedroom Can Accommodate A King Size Bed & Has A Double Closet. The Den Is Presently Used As A Home Office But Can Be Transformed Into A 2nd Bedroom Or Separate Dining Area. The Open Concept Living/Dining & Kitchen Allows You To Be Present While Preparing & Entertaining Family And Friends. This Impeccably Clean & Well Maintained Building Provides An Impressive Sleek & Modern Design Throughout It's Numerous Amenities'. This Condo Has A Walk Score Of 97, (It's About 8 Min Walk To Bloor/Sherbourne TTC Station, 13 Min Walk To Wellesley Station, 5 Min Walk To Cabbagetown & The Village). It's Close To The DVP, Gardiner Expressway, DVP Trail, Rosedale Ravine Lands, Restaurants, Bars & Shopping!

Extras24/7 Concierge/Security, Gym, Yoga Rm, Rooftop Terrace w 2 BBQ's, Party/Meeting Rm, Theatre Rm, Sauna/Changeroom, Games/Billiard Rm, Business Centre, 2 Guest Suites, EV Charging Station. Walk Score of 97! 8 Min Walk To TTC Station.

re/max real estate centre inc.MLS® #C10845420

Amenities

Concierge

Bike Storage

BBQs Allowed

Indoor Parking

Rooftop Deck

Party Room

Explore Neighbourhood

9/10

Walkability

One small step for you. One giant leap towards never needing a gym membership.

9/10

Transit

So frequent, you might accidentally start collecting tickets.

7/10

Bikeability

The bike lane starts to feel like a second home.

Similar Listings

Demographics

Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

Population

12,499

Average Individual Income

$59,023

Average Household Size

3 persons

Average Age

Average Household Income

$99,412

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

13%

15 - 19

20 - 34

22%

35 - 49

20%

50 - 64

22%

65+

19%

Household Income

$0 - $30,000

49%

$30,000+

26%

$60,000+

13%

$90,000+

$125,000+

Housing Types & Tenancy

High Rise Apartment

31%

Semi Detached

24%

Detached

23%

Low Rise Apartment

16%

Duplex

Marital Status

Commute

Languages (Primary Language)

English

60%

Other

15%

Mandarin

10%

Cantonese

Tagalog

Spanish

Arabic

Tamil

Education

University and Above

33%

High School

26%

None

17%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

21%

Health & Related Fields

12%

Social Sciences

Math & Computer Sciences

Physical Sciences

Humanities

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

Price Trends

Maintenance Fees

The 500 Sherbourne Condos vs The St. James Town Area

Building Trends At The 500 Sherbourne Condos

Days on Strata

Units at The 500 Sherbourne Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in St. James Town

Turnover of Units

On average, each unit is owned for

6.6

YEARS before being sold again

Property Value

Increase in property value within the past twelve months

Price Ranking

2nd

Highest price per SQFT out of 9 condos in the St. James Town area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

The 500 Sherbourne Condos offers the

best value out of 9 condos in the St. James Town neighbourhood

Appreciation Rank

The 500 Sherbourne Condos has the

highest ROI out of 9 condos in the St. James Town neighbourhood

Rental Yield

The 500 Sherbourne Condos yields the

highest rent prices out of 9 condos in the St. James Town neighbourhood

High Demand

The 500 Sherbourne Condos is the

most popular building out of 9 condos in the St. James Town neighbourhood

Transaction Insights at 500 Sherbourne Street

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	$910,000	$545,000 - $632,000	$765,000 - $1,190,000	$755,000 - $760,000	No Data	No Data
Avg. Cost Per Sqft	$985	$965	$960	$894	No Data	No Data
Price Range	$2,100	$2,350 - $3,350	$2,950 - $3,250	$4,100	No Data	No Data
Avg. Wait for Unit Availability	225 Days	34 Days	46 Days	266 Days	No Data	1667 Days
Avg. Wait for Unit Availability	211 Days	26 Days	39 Days	383 Days	No Data	No Data
Ratio of Units in Building	8%	54%	33%	5%	2%	1%

Transactions vs Inventory

Total number of units listed and sold in St. James Town