$540,000

For sale

#LPH1840 121 Lower Sherbourne Street, Toronto (Waterfront Communities) - Single Family for Sale

#LPH1840 121 Lower Sherbourne Street, Toronto (Waterfront Communities), Ontario, M5A0W8

2 beds2 baths0 parking550 ft²$477/mo condo feeListed 62 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $540,000, it is attractively priced about 14% below the $629,900 median asking price in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Location, Location, Location! Located at the heart of Toronto's Entertainment and Art District. Steps away from two renowned performing arts theatres, the Young People's Theatre and the Canadian Opera Company Theatre. Within walking distance to the St. Lawrence Market, Distillery District, Corktown, George Brown St. James Campus, Waterfront Trails, Restaurants, Bars, Cafes, Toronto Public Library, Grocery Stores, Public Transit, Banks and Everyday Amenities. And just minutes away from the Financial District, Union Station, Sugar Beach, and Canary District. Very Accessible via Public Transit (TTC, Subway) and by Highway (Gardiner Expressway and DVP). This Building boosts an impressive list of amenities such as 24 Hour Concierge, Gym, Exercise Room, Party Room, Rooftop Terrace, Outdoor Infinity Pool, Ample Visitor Parking just to name a few. It is the place to be for the full Downtown living experience! (id:66096)

Property Details

MLS®: C13720870
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $477/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,616.53/yr
Listed: 62 days ago

Rooms

Flat

Living room: 2.85 x 2.57 meters
Kitchen: 2.85 x 4.12 meters
Primary Bedroom: 2.57 x 3.79 meters
Den: 2.57 x 1.93 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, Oven, Dryer, Microwave, Cooktop, Hood Fan
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$983

List price

$540K

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 (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by FIRST CLASS REALTY INC. · HOWARD Yeung

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $540,000, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,481 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$540,000· $983/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.37% · $29,000

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,440 capitalized)

Property tax (est.)$218/mo

Condo fee$477/mo

Total monthly$3,529

Cash Needed to Close

Down payment (5.37%)$29,000

Land transfer tax$14,550

Est. closing costs$4,120

Total cash needed$47,670

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator