$649,000

For sale

#3103 500 Sherbourne Street, Toronto (North St. James Town) - Single Family for Sale

#3103 500 Sherbourne Street, Toronto (North St. James Town), Ontario, M4X1L1

2 beds2 baths0 parking850 ft²$717/mo condo feeListed 18 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $649,000 asking price sits right in line with the $649,900 median in Toronto. It has been on the market 18 days, fresher than the Toronto average of 66 days.

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Description

Experience elevated city living in this spacious 2-bedroom, 2-full-bath corner suite in North St. James Town, showcasing breathtaking lake and skyline views! The sought-after split-bedroom layout offers comfort and privacy, enhanced by 10-foot smooth ceilings, elegant crown moulding and laminate flooring throughout. Entertain effortlessly in the stylish kitchen, complete with a granite-topped island, while the south-facing dining room fills with natural light. Step onto the balcony directly from both the living and dining areas and take in the spectacular surroundings. Enjoy exceptional building amenities, including: a fifth-floor BBQ terrace, a rooftop patio overlooking Wellesley-Magill Park, a wellness area, gym and yoga studio, a party room and theatre, and convenient guest suites. All this, just steps from shops, restaurants, parks, public transit and the scenic trails of the Rosedale Valley Ravine. Space, style, views and an unbeatable urban location - this suite has it all! Locker included for your storage convenience. (id:66096)

Property Details

MLS®: C14092528
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $717/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,284.09/yr
Listed: 18 days ago

Rooms

Flat

Living room: 3.56 x 2.64 meters
Dining room: 3.86 x 2.79 meters
Kitchen: 3.6 x 2.5 meters
Primary Bedroom: 3.71 x 2.9 meters
Bedroom 2: 3.4 x 2.69 meters
Foyer: 2.34 x 1.33 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, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

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

66d

Price / ft²

$764

List price

$649K

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 18 days, which is 48 days fresher than the city average of 66. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · LUCY ROBERTS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $649,000, about 11.0× the local median household income of $58,800.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 116% 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)

$649,000· $764/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$274/mo

Condo fee$717/mo

Total monthly$4,368

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$18,910

Est. closing costs$4,447

Total cash needed$63,257

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