1211-609 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C13458444

$558,000
For Sale
Listed 37 days ago
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Modern living in the heart of downtown at Brand New Burke Condos, just steps from Sherbourne Subway Station.This bright and well-designed 1+1 bedroom, 1 bathroom suite offers a highly functional open-concept layout with combined living and dining space, and south-facing exposure that brings in excellent natural light throughout the day.The den is a true bonus space and can be enclosed to create a private office or used as a second bedroom, making it ideal for work-from-home professionals, guests, or additional flexibility in layout. The kitchen and living areas flow seamlessly, making the space feel larger than its footprint and perfect for both daily living and entertaining. Building Features & Amenities: Residents enjoy 24/7 concierge and security, along with thoughtfully designed lifestyle amenities including; Fitness centre with yoga & spin studioCo-working lounge with meeting rooms and boardrooms; Party room with chef's kitchen, wet bar & private dining space; Outdoor terraces with BBQs, seating areas, fireplaces & landscaped greenery; Entertainment spaces including games room, theatre room, music room & kids' play area; Secure parcel storage and modern lobby lounge café. Location Highlights: Located in a highly connected downtown pocket of Toronto, this condo offers unmatched convenience: 2-minute walk to Sherbourne Subway StationQuick access to DVP and downtown coreMinutes to Union Station, U of T, TMU, and George Brown CollegeClose to No Frills, FreshCo, cafés, and daily essentialsNear Rosedale Valley trails and green spaces for outdoor lifestyle balance. A strong choice for professionals, students, or investors looking for a modern unit in a highly accessible and amenity-rich building. Note: Furniture shown in photos is AI staging and is not included in the sale. Property Tax is not assessed yet

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13458444
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Sherbourne St & Bloor
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$389/mo
Exposure
South
Days on market
37
Listing brokerage
BAY STREET GROUP INC.
Our TakeTeam Asgarian · Broker
In line
$524Kest. value

Listed at $558,000, and my independent estimate is right in line with comparable homes.

In North St. James Town lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$479KGreat deal$609KOverpriced

Total price vs nearby homes. Fair value about $524K, median of 57 comparables.

How this estimate is builtthe short version

I take the 57 most comparable recent sales 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 closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Winchester 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 57 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$431kavg asking

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

404-500 St Clair Avenue$565k817-33 Frederick Todd Way$509k423-50 Thomas Riley Road$410k417-160 Vanderhoof Avenue$378k711-5 Frith Road$295k

The 5 closest active listings nearby.

See all comparable homes
558kThis home565k509k410k378k295kThis home vs active comparables
Live market pulseActive comparables in North St. James Town · median list $600K
$859this home / sqft
32active listings nearby
37days on market
99sold nearby · 90 days
$610Kmedian sold price
96%of asking, on average

This home lists 1% below the area average of $868/sqft.

36 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

North St. James Town, 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.

Church-Yonge Corridor
$551K
Annex
$2.03M
Waterfront Communities C1
$613K
Moss Park
$784K
Waterfront Communities C8
$608K

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 Winchester Junior and Senior Public School
76%
Winchester Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$2,543/mo
$119KIncome needed
4.7×Price ÷ income
$587Weekly 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.

78%mortgage
Mortgage $2,543Property tax $349Condo fee $389Total carry $3,281

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,382per month

Mortgage amount $446,400 · 4.14% over 25 years

$111,600Down payment (20.0%)
$446,400Loan before insurance
$0CMHC premium
$3,120Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,382
Property tax
$349
Condo / maintenance fees
$389
Heating
$0
Estimated monthly cost
$3,120

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

One-time closing costs

Ontario land transfer tax
$7,635
Toronto municipal land transfer tax
$7,635
Estimated closing costs
$15,270

Plus your down payment of $111,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,893/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

$268,247Total interest paid
$714,647Total of all payments
Principal $446,400 Interest $268,247
YearPrincipalInterestBalance
1$10,458$18,128$435,942
2$10,895$17,691$425,047
3$11,351$17,235$413,697
4$11,826$16,760$401,871
5$12,320$16,266$389,551
6$12,836$15,750$376,715
7$13,372$15,213$363,343
8$13,932$14,654$349,411
9$14,515$14,071$334,897
10$15,122$13,464$319,775
11$15,754$12,832$304,021
12$16,413$12,173$287,608
13$17,100$11,486$270,508
14$17,815$10,771$252,693
15$18,560$10,026$234,133
16$19,336$9,249$214,797
17$20,145$8,441$194,651
18$20,988$7,598$173,664
19$21,866$6,720$151,798
20$22,780$5,805$129,017
21$23,733$4,853$105,284
22$24,726$3,860$80,558
23$25,760$2,826$54,798
24$26,838$1,748$27,960
25$27,960$626$0

At the end of your 5-year term

Total paid over the term
$142,929
Principal paid down
$56,849
Interest paid
$86,080
Balance remaining
$389,551

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
2.3%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.

4.4%
Gross yield
− Property tax $3,906− Condo fees $4,670− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,718

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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