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$589,900
Toronto
#1311 500 Sherbourne Street, Toronto (North St. James Town), Ontario, M4X1L1
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $589,900, it is attractively priced about 9% below the $649,900 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 64 days.
This bright and stylish condo features a smart open-concept layout, is freshly painted and upgraded with thoughtful details throughout. Since purchase, the unit has been enhanced with all-new stainless steel appliances (2021), custom built-in organizers in every closet, and stylish European light fixtures that elevate the space. The functional floor plan offers a spacious kitchen with an island & breakfast bar, a versatile den or second bedroom/home office, generous & optimized storage spaces, and a large private balcony with open city views. The building itself is renowned for exceptional management and amenities including 24-hourconcierge, rooftop terrace with BBQs, gym, yoga room, sauna, theatre, games and party rooms, guest suites, visitor parking, and EV charging stations. Perfectly situated at Sherbourne and Wellesley, you're just steps to two subway lines, Bloor Street, Yorkville, U of T, groceries, cafes, Church Street, Rosedale, Cabbagetown, and nearby parks - making this an ideal home for both convenience and lifestyle. A rare opportunity to own in a sought-after, well-managed building in the heart of the city! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 64 days across the listings currently for sale in this city
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.
This 2-bed single family in Toronto (North St. James Town) has been listed for 7 days, which is 57 days fresher than the city average of 64. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $589,900, about 10.0× the local median household income of $58,800.
Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — roughly 96% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4X)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice