$549,000

$569,000For salePrice drop↓ $20,000 (4%)

#1101 500 Sherbourne Street, Toronto (North St. James Town) - Single Family for Sale

#1101 500 Sherbourne Street, Toronto (North St. James Town), Ontario, M4X1L1

2 beds1 bath0 parking650 ft²$534/mo condo feeListed 38 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $549,000, it is attractively priced about 16% below the $649,900 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 66 days.

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Description

The "Goldilocks" of Condos! All the amenities you would want for civilized living...and allows dogs! Beauty and luxury surround you throughout this stunning suite, and ohhhh what a view from your private balcony! Oversized den. New Stainless-Steel Stove and Built-In Dishwasher. Stainless Steel Fridge. New Front-Load Washer & Dryer. Plus, in the bathroom, enjoy a brand-new Sink and Vanity set with a Glass Surround shower. The freshly laid light-coloured floors enhance the experience as you flow in and out of this warm and inviting space. The extra large den is great for an office, nursery or guest bedroom and the sit-up breakfast bar with Granite Counters finishes the suite to a higher standard. Sleep easy knowing you live close to everything, from Yorkville, to The Danforth, to Church & Wellesley. TTC right at your door. Shops, Bars, Restaurants... and a beautiful rooftop patio from which to view it all! Welcome Home! (id:66096)

Property Details

MLS®: C13839560
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $534/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,493.76/yr
Listed: 38 days ago

Rooms

Flat

Living room: 4.04 x 3.28 meters
Dining room: 4.04 x 3.28 meters
Kitchen: 2.92 x 2.26 meters
Bedroom: 3.53 x 2.9 meters
Den: 3.07 x 2.13 meters
Foyer: 2.31 x 1.22 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (North St. James Town) listings, avg age

66d

Price / ft²

$845

List price

$549K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (North St. James Town) has been listed for 38 days, which is 28 days fresher than the city average of 66. Act while there is still low competition.

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Listed by ENGEL & VOLKERS TORONTO CENTRAL · FREDDIE GREEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $549,000, about 9.3× the local median household income of $58,800.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 82% above the area median.

Median household income: $58,800
Population: 19,896
Median age: 39.2
Owner / renter: 15% / 85%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M4X)

$549,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$208/mo

Condo fee$534/mo

Total monthly$3,619

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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