2830-135 Lower Sherbourne Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13454306
About this home
Welcome to Time and Space Condos by Pemberton Group, where luxury and convenience meet in the heart of downtown Toronto. This spacious and bright three-bedroom, three-bathroom residence offers 885 square feet of thoughtfully designed living space, complete with TWO parking spaces, ONE locker, and unobstructed, breathtaking CN Tower views from every window and the private balcony. The open-concept layout easily accommodates separate living and dining areas, featuring premium laminate flooring and nine-foot smooth ceilings throughout. The contemporary kitchen is equipped with stone countertops and built-in stainless steel appliances, including a refrigerator, dishwasher, cooktop, oven, and microwave. The primary bedroom boasts an ensuite bathroom and direct walk-out access to the balcony, while the second bedroom features a large window and generous closet space. The third bedroom includes sliding doors and a private ensuite, making it ideal for guests or use as a home office. Residents enjoy premium amenities conveniently located within the same tower, including a fully equipped fitness centre, yoga studio, outdoor pool with sun decks, media and games room, party lounge, and an outdoor patio with barbecue areas. Perfectly situated just minutes from the Distillery District, St. Lawrence Market, Sugar Beach, David Crombie Park, Parliament Square Park, and Princess Street Park, the building also offers quick access to Union Station and Toronto's top shopping, dining, and entertainment options. Offering an unparalleled urban lifestyle, this home combines modern comfort, sophisticated design, and the very best of downtown living. **Two parking**Three bathrooms**Must See! Seller is very Motivated !
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13454306
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 800-899
- Cross streets
- Front/Sherbourne
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $880/mo
- Exposure
- West
- Property tax
- $5,300 / 2025
- Days on market
- 36
- Listing brokerage
- HC REALTY GROUP INC.
Rooms
laminate · large closet · large window
laminate · west view · w/o to balcony
laminate · large closet · 3 pc ensuite
laminate · b/i appliances · stone counters
4 pc ensuite · walk-in closet(s) · w/o to balcony
laminate · open concept · combined w/kitchen
Listed at $999,980, and my independent estimate is about 26% above what comparable homes suggest.
In Waterfront Communities C8 lately, sellers get about 97% of asking; homes sell in ~33 days.
Total price vs nearby homes. Fair value about $794K, median of 17 comparables.
How this estimate is builtthe short version
I take the 17 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $996K, higher than the comparables and worth a second look.
What the listing highlights3 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
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
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.
Based on 17 comparable homes 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 homesThis home lists 21% above the area average of $970/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $799,984 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,269
- Property tax
- $442
- Condo / maintenance fees
- $880
- Heating
- $0
- Estimated monthly cost
- $5,591
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Toronto municipal land transfer tax
- $16,475
- Estimated closing costs
- $32,949
Plus your down payment of $199,996. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $256,141
- Principal paid down
- $101,878
- Interest paid
- $154,263
- Balance remaining
- $698,106
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HC REALTY GROUP INC.. MLS®/PropTx.