3302-609 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C13579082

$3,200/mo
For Lease
Just listed today
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2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

Welcome to Brand New SE Corner Unit, offers 2 bedrooms, 2 bathrooms, 847 sq. ft. of thoughtfully designed living space, plus a private balcony, one parking space, and one locker-an exceptional combination in the heart of downtown Toronto. Bathed in natural light from its desirable southwest exposure, this stunning residence features expansive floor-to-ceiling windows, and spectacular CN Tower and city skyline views. The spacious open-concept living and dining areas provide the perfect setting for both everyday living and entertaining, while the sleek contemporary kitchen is beautifully appointed with premium countertops and integrated built-in appliances, seamlessly combining style and functionality. The intelligently designed split-bedroom layout offers outstanding privacy, making this home ideal for professionals, couples or small families. Move-in ready and impeccably finished, this suite delivers modern elegance with every detail thoughtfully considered. Perfectly situated just steps from Sherbourne Subway Station and moments from Bloor Street, Yorkville, the University of Toronto, Toronto Metropolitan University, George Brown College, the Financial District, major hospitals, parks, shopping, restaurants, and entertainment, with convenient access to the Don Valley Parkway. Residents enjoy an exceptional collection of resort-inspired amenities, including 24-hour concierge service, a state-of-the-art fitness centre, yoga and spin studios, elegant party and lounge spaces, co-working areas, a theatre room, games room, guest suites, and a beautifully landscaped outdoor terrace with BBQs. Offering luxury, convenience, and outstanding value in one of downtown Toronto's most exciting new communities, this exceptional suite presents an incredible opportunity for end-users and investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13579082
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Sherbourne St & Howard St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Listing brokerage
HOMELIVING EMPIRE REALTY INC.

Rooms

Bedroom 2Flat2.84 × 3.07 m

laminate · closet · window floor to ceiling

Living RoomFlat3.53 × 4.60 m

laminate · combined w/kitchen

BathroomFlat1.89 × 1.65 m
BedroomFlat2.97 × 2.87 m

laminate · closet · large window

Dining RoomFlat2.41 × 4.60 m

laminate · combined w/kitchen · window floor to ceiling

KitchenFlat2.41 × 4.60 m

ceramic backsplash · combined w/dining · b/i appliances

Moe’s TakeTeam Asgarian · Broker
In line
$3,300/moest. value

Listed at $3,200/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 15 similar rentals nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, 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, listed at $3,300/mo
  • Adjusts to $3,300/mo

That comparable adjusts to $3,300/mo; the $3,300/mo estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

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.

On location, this is a very walkable address with everyday errands close by. Sherbourne station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3,200/moBelow market$3,488/moAbove market

Total price vs nearby homes. Fair value about $3,300/mo, median of 15 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in North St. James Town · asking prices
$3,150avg asking

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

1922-585 Bloor Street$3,2001305-28 Linden Street$3,2003102-609 Sherbourne Street$3,300904-120 Homewood Avenue$3,050502-28 Linden Street$3,000

The 5 closest of 8 active listings nearby.

See all comparable homes
3,200This home3,2003,2003,3003,0503,000This home vs active comparables
Live market pulseActive comparables in North St. James Town · median list $3K
61active listings nearby
View comparable listings

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

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.

Getting around

84/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Sherbourne station, about 63 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Annex
$2K
Moss Park
$3K
Waterfront Communities C8
$3K

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
$15/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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 $15Property tax $2Total carry $17

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14per month

Mortgage amount $2,560 · 4.14% over 25 years

$640Down payment (20.0%)
$2,560Loan before insurance
$0CMHC premium
$16Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16

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
Toronto municipal land transfer tax
$16
Estimated closing costs
$32

Plus your down payment of $640. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17/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

$1,538Total interest paid
$4,098Total of all payments
Principal $2,560 Interest $1,538
YearPrincipalInterestBalance
1$60$104$2,500
2$62$101$2,438
3$65$99$2,372
4$68$96$2,305
5$71$93$2,234
6$74$90$2,160
7$77$87$2,084
8$80$84$2,004
9$83$81$1,921
10$87$77$1,834
11$90$74$1,743
12$94$70$1,649
13$98$66$1,551
14$102$62$1,449
15$106$57$1,343
16$111$53$1,232
17$116$48$1,116
18$120$44$996
19$125$39$871
20$131$33$740
21$136$28$604
22$142$22$462
23$148$16$314
24$154$10$160
25$160$4$0

At the end of your 5-year term

Total paid over the term
$820
Principal paid down
$326
Interest paid
$494
Balance remaining
$2,234

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 HOMELIVING EMPIRE REALTY INC.. MLS®/PropTx.

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