1464-135 Lower Sherbourne Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13008750

$670,000
For Sale
Listed 92 days ago
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3Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this stunning 2 Bed + Den condominium offering breathtaking views of the lake. Experience luxury living at its finest in the heart of the vibrant St. Lawrence Market. This beautifully designed unit is just steps away from top-tier restaurants, boutique shops, the waterfront, TTC, Rogers Centre, Scotiabank Arena, bike paths, the Financial District, the Distillery District, and Union Station. Enjoy an unmatched urban lifestyle with premium amenities, including a 24-hour concierge, infinity outdoor pool with rooftop cabanas, fully equipped gym, yoga studio, games room, and BBQ area. Come and explore Time & Space Condos by Pemberton Group-your next home awaits.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13008750
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
600-699
Cross streets
Front St E / Lower Sherbourne St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$642/mo
Exposure
South
Property tax
$3,525 / 2025
Days on market
92
Listing brokerage
REMAX YC REALTY

Rooms

DenMain1.75 × 2.08 m

Laminate

Bedroom 2Main2.70 × 2.57 m

sliding doors · laminate · closet

Primary BedroomMain2.92 × 2.77 m

w/o to balcony · laminate · his and hers closets

KitchenMain3.20 × 2.43 m

stainless steel appl · laminate

DenMain1.78 × 1.75 m

open concept · laminate

Living RoomMain2.77 × 2.74 m

w/o to balcony · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$630Kest. value

Listed at $670,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 31 similar homes nearby, adjusted for size, beds, and baths.Median of 31 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $633K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $616K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $661K

That comparable adjusts to $661K; the $630K estimate above is the median of all 31 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Sherbourne St at Front St East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$582KGreat deal$729KOverpriced

Total price vs nearby homes. Fair value about $630K, median of 31 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$679kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1005-60 Tannery Road$678k905-60 Tannery Road$689k1207-425 Front Street$699k2007-20 Richardson Street$700k2801-138 Downes Street$629k

The 5 closest of 8 active listings nearby.

See all comparable homes
670kThis home678k689k699k700k629kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $648K
$1,032this home / sqft
37active listings nearby
92days on market

This home lists 7% above the area average of $963/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

87/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Sherbourne St at Front St East, about 25 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$574K
Waterfront Communities C1
$688K
Annex
$1.39M
Banbury-Don Mills
$500K
Mimico
$800K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,054/mo
$141KIncome needed
4.7×Price ÷ income
$705Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

77%mortgage
Mortgage $3,054Property tax $294Condo fee $642Total carry $3,989

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,860per month

Mortgage amount $536,000 · 4.14% over 25 years

$134,000Down payment (20.0%)
$536,000Loan before insurance
$0CMHC premium
$3,796Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,860
Property tax
$294
Condo / maintenance fees
$642
Heating
$0
Estimated monthly cost
$3,796

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,875
Toronto municipal land transfer tax
$9,875
Estimated closing costs
$19,750

Plus your down payment of $134,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,474/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$322,088Total interest paid
$858,088Total of all payments
Principal $536,000 Interest $322,088
YearPrincipalInterestBalance
1$12,557$21,767$523,443
2$13,082$21,242$510,362
3$13,629$20,694$496,732
4$14,199$20,124$482,533
5$14,793$19,530$467,740
6$15,412$18,912$452,328
7$16,056$18,267$436,272
8$16,728$17,595$419,544
9$17,428$16,896$402,116
10$18,157$16,167$383,959
11$18,916$15,407$365,043
12$19,708$14,616$345,335
13$20,532$13,792$324,804
14$21,391$12,933$303,413
15$22,285$12,038$281,128
16$23,218$11,106$257,910
17$24,189$10,135$233,721
18$25,200$9,123$208,521
19$26,255$8,069$182,266
20$27,353$6,971$154,913
21$28,497$5,827$126,417
22$29,689$4,635$96,728
23$30,931$3,393$65,797
24$32,225$2,099$33,572
25$33,572$751$0

At the end of your 5-year term

Total paid over the term
$171,618
Principal paid down
$68,260
Interest paid
$103,358
Balance remaining
$467,740

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
1.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.7%
Gross yield
− Property tax $3,525− Condo fees $7,700− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,069

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YC REALTY. MLS®/PropTx.

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