901-39 Sherbourne Street, Toronto, ON

Moss Park, Toronto · MLS® C13141846

$2,100/mo
For Lease
Listed 64 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome To 39 Sherbourne St! This Beautiful Sun Filled Condo Offers 1 Bedroom, 1 Bathroom, Laminate Floor Throughout, Quartz Counter Tops, Built-In Appliances, Ensuite Laundry, Storage Locker....The List Goes On! Don't Miss Out!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13141846
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
King & Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Exposure
West
Days on market
64
Listing brokerage
ROYAL LEPAGE FIRST CONTACT REALTY

Rooms

Living RoomMain5.30 × 3.84 m

open concept · combined w/kitchen · w/o to balcony

BedroomMain2.74 × 2.76 m

laminate · closet · sliding doors

KitchenMain5.30 × 3.84 m

open concept · combined w/living · b/i appliances

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,242/moest. value

Listed at $2,100/mo, this rental is about 6% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Moss Park lately, landlords have been getting about 100% of asking and homes lease in about 13 days.

Based on 55 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 55 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,350/mo
  • Bedrooms −$150/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $2,242/mo estimate above is the median of all 55 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$2,100/moBelow market$2,450/moAbove market

Total price vs nearby homes. Fair value about $2,242/mo, median of 55 comparables.

Comparable listingsCurrently listed nearby in Moss Park · asking prices
$2,123avg asking

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

1004-191 Sherbourne Street$2,1451602-55 Ontario Street$2,1501018-460 Adelaide Street$2,1501718-191 Sherbourne Street$2,170911-32 Trolley Crescent$2,000

The 5 closest of 8 active listings nearby.

See all comparable homes
2,100This home2,1452,1502,1502,1702,000This home vs active comparables
Live market pulseActive comparables in Moss Park · median list $3K
55active listings nearby
64days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Moss Park, 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.

Nearby neighbourhoods

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

Waterfront Communities C8
$2K
Waterfront Communities C1
$3K
Church-Yonge Corridor
$2K
Bay Street Corridor
$2K
North St. James Town
$2K

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 · 0.3 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $10Property tax $1Total carry $11

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,680 · 4.14% over 25 years

$420Down payment (20.0%)
$1,680Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$21

Plus your down payment of $420. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$1,010Total interest paid
$2,690Total of all payments
Principal $1,680 Interest $1,010
YearPrincipalInterestBalance
1$39$68$1,641
2$41$67$1,600
3$43$65$1,557
4$45$63$1,512
5$46$61$1,466
6$48$59$1,418
7$50$57$1,367
8$52$55$1,315
9$55$53$1,260
10$57$51$1,203
11$59$48$1,144
12$62$46$1,082
13$64$43$1,018
14$67$41$951
15$70$38$881
16$73$35$808
17$76$32$733
18$79$29$654
19$82$25$571
20$86$22$486
21$89$18$396
22$93$15$303
23$97$11$206
24$101$7$105
25$105$2$0

At the end of your 5-year term

Total paid over the term
$538
Principal paid down
$214
Interest paid
$324
Balance remaining
$1,466

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.

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

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