500 Sherbourne Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North St. James Town. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $798,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
(Open House every Sat/Sun 2pm-4pm by appointment only) Welcome to The 500 by Tridel located in the North St. James Town in Toronto. This 2-bedroom, 2-full-bathroom suite is located on the 17th floor with breathtaking city views and a desirable south exposure. This thoughtfully designed unit features two spacious bedrooms, each with large windows, laminate flooring, and ample closet space. The primary bedroom offers a 3-piece ensuite for added comfort and convenience. The functional layout ensures privacy as bedrooms are separated by the open-concept living and dining areas. The bright and inviting dining room includes a walkout to an open balcony, perfect for enjoying the stunning views. The living room is a separate room with lots of windows and natural sunlight. The modern kitchen is equipped with stainless steel appliances, a center island, a large sink, quartz countertops, and a stylish backsplash. Additional highlights of this unit include laminate flooring, extra closet space, and the convenience of ensuite laundry with a washer and dryer. The suite comes with 1 underground parking space and 1 locker. The building amenities include a concierge, gym, party/meeting room, visitor's parking, games room, yoga and aerobics studio, and more! Access to DVP, Bloor Subway Line (Sherbourne Station); Yonge Subway Line (Wellesley Station). A short drive to Riverdale, Rosedale, Yorkville, and Downtown areas. Lots of shops, cafes, shopping & grocery stores, parks, and more!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 500 Sherbourne Street 1704, Toronto C08, ON M4X 1L1
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 $798,000 in Toronto, the legal minimum down payment is $54,800 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 $12,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,435 also applies, bringing the total estimated land transfer taxes to $24,870.
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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.
