503-390 Cherry Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13441514
About this home
Live in the heart of the historic Distillery District at The Gooderham! This highly functional layout features a spacious bedroom, a full four-piece washroom, and a spectacular, full-width open balcony (over 100 sq. ft.) boasting expansive northwest views over Distillery Lane. The suite offers soaring nine-foot ceilings, floor-to-ceiling windows, an open-concept living/dining area, and a modern kitchen with granite countertops, an undermount sink, and full-sized stainless-steel appliances. Enjoy world-class building amenities: a rooftop pool and hot tub, a fully equipped fitness centre, games and theatre rooms, visitor parking, and 24/7 concierge service (BBQs allowed). Steps from cobblestone streets, boutique shopping, acclaimed restaurants, and galleries. Exceptional transit access-just a one-minute walk to the 504 King streetcar loop. One storage locker included. Rent includes heat and water; tenant covers hydro (estimated. $50/month). Available September 1st, 2026. N.B. Photos from previous occupancy, so furnishings will be different.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13441514
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Front St. E / Parliament St.
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Poured Concrete
- Exposure
- North
- Days on market
- 42
- Listing brokerage
- EXP REALTY
Rooms
combined w/living · hardwood floor · hardwood floor
hardwood floor · closet · picture window
w/o to balcony · combined w/dining · window floor to ceiling
stainless steel appl · open concept · granite counters
Listed at $2,250/mo, and my independent estimate is about 3% below comparable rentals, worth a close look.
In Waterfront Communities C8 lately, landlords get about 101% of asking; homes lease in ~15 days.
Total price vs nearby homes. Fair value about $2,317/mo, median of 3 comparables.
How this estimate is builtthe short version
I take the 3 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 3 comparable rentals that recently leased nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.