417 Sherbourne Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,649,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 30 x 118.29 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Floor Drain, Separate Hydro Meter, Storage Area Lockers
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
A Sure bet on Sherbourne! A glorious investment opportunity awaits via the epicenter of downtown vibrancy, at 417 Sherbourne Street. This solid, character filled detached property, is a well maintained multiplex with 4 units - 3-1 bedroom and 1-2 bedroom. It sits on a 30 ft frontage with private drive and detached garage. Just steps from lively Carlton St, Parliament St and Cabbagetown, this prime location offers unparalleled access to downtown Toronto, blending historic "Edwardian" charm with modern convenience. Enjoy immediate and easy TTC access - just 1 bus ride to either Sherbourne station or Sugar beach! This bustling neighborhood offers a bevy of cafes, restaurants and shops. Only minutes to UofT, TMU, Eaton Centre and Church/Wellesley Village. Experience exceptional walkability - a 97 walk score - and easy commutes surrounded by Greenspace, Allan Gardens, Riverdale Farm and interspersed, serene parks. Ideally positioned in an evolving and high demand area with rapidly appreciating property values. Come invest for the long haul and experience the best of both worlds - historic significance and a thriving downtown pulse!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Library, Park, Public Transit, Rec./Commun.Centre
Interior Features
Floor Drain, Separate Hydro Meter, Storage Area Lockers, Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 417 Sherbourne Street, Toronto C08, ON M4X 1K5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,649,000 in Toronto, the legal minimum down payment is $329,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $29,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $29,455 also applies, bringing the total estimated land transfer taxes to $58,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
