2801-609 Sherbourne Street, Toronto, ON
North St. James Town, Toronto · MLS® C13509660
About this home
Experience contemporary urban living in this brand new 625 SQ 1+1 bedroom Plus Balcony, 1 bathroom suite at Burke Condos, perfectly situated at Bloor Street East and Sherbourne Street. Just steps from the subway, this bright and beautifully designed home features with large windows that fill the space with natural light and showcase lovely views. The efficient open-concept layout maximizes every square foot with no wasted space. The versatile den is ideal as a second bedroom, home office, or study. Enjoy premium finishes throughout, including smooth ceilings, a modern chef-inspired kitchen with quartz countertops, marble-pattern backsplash, and sleek contemporary cabinetry. Residents enjoy outstanding amenities, including 24-hour concierge and security, a stylish café lounge, secure parcel storage, a fully equipped fitness centre, yoga and spin studios, and an impressive co-working hub featuring three meeting rooms and two boardrooms-perfect for remote work or business meetings. Entertain in the elegant party room with a wet bar, chef's kitchen, private dining room, and a spacious outdoor terrace complete with BBQs and comfortable lounge seating. Additional amenities include music, theatre, games, multipurpose and children's rooms, as well as beautifully landscaped north and south outdoor terraces with fireplaces, dining areas, and relaxing lounge spaces. Note: Furniture shown in photos is virtually staged and is not included in the sale. Property Tax is not assessed yet
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13509660
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Bloor / Sherbourne
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $387/mo
- Exposure
- South
- Days on market
- 22
- Listing brokerage
- RE/MAX CROSSROADS REALTY INC.
Rooms
laminate · open concept · w/o to balcony
laminate · combined w/kitchen · open concept
Laminate
laminate · quartz counter · stainless steel appl
laminate · large closet · large window
Listed at $499,000, and my independent estimate is about 10% below comparable homes, worth a close look.
In North St. James Town lately, sellers get about 96% of asking; homes sell in ~30 days.
Total price vs nearby homes. Fair value about $555K, median of 73 comparables.
How this estimate is builtthe short version
I take the 73 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 highlights2 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
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 73 comparable homes that recently sold 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 12% below the area average of $872/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
North St. James Town, 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 $399,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,130
- Property tax
- $312
- Condo / maintenance fees
- $387
- Heating
- $0
- Estimated monthly cost
- $2,829
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,455
- Toronto municipal land transfer tax
- $6,455
- Estimated closing costs
- $12,910
Plus your down payment of $99,800. 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
- $127,817
- Principal paid down
- $50,838
- Interest paid
- $76,979
- Balance remaining
- $348,362
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 RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.