3301-609 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C13579216

$2,250/mo
For Lease
Just listed today
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Contemporary Luxury Living at the brand-new Burke Condos! South-Facing 1+Den Unit W/ Balcony! Functional open-concept layout with premium modern finishes! 9' smooth ceilings, Both Living and Bedroom Are Facing South With Tons of Sunlight and Unobstructed Views of Lake Ontario, Downtown Core and CN TOWER! Versatile Den Can Serve As Home Office or 2nd Bedroom! Modern Kitchen Features Integrated Appliances, Quartz Countertops, Marble-Inspired Backsplash and smart storage solutions! The Sleek Bathroom Features Frameless Glass Shower and LED Mirror Vanity! Amenities include 24-hour concierge service, a state-of-the-art fitness centre, yoga studio, outdoor pool, co-working spaces, meeting rooms, party lounge, private dining room, theatre room, games room, music room, and outdoor BBQ terraces. Prime Bloor & Sherbourne Location Steps To Sherbourne Subway Station, TTC, Yonge & Bloor, Yorkville, University of Toronto, Toronto Metropolitan University, Financial District, Rosedale Valley Trails, Allan Gardens, Shops, Restaurants, Cafés, Grocery Stores & Everyday Conveniences. Minutes To DVP, Don Valley Parkway, Gardiner Expressway & Union Station!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13579216
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sherbourne & Bloor St E
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$2,350/moest. value

Listed at $2,250/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 37 similar rentals nearby, adjusted for size, beds, and baths.Median of 37 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 $2,450/mo
  • Bathrooms −$100/mo
  • Adjusts to $2,350/mo

That comparable adjusts to $2,350/mo; the $2,350/mo estimate above is the median of all 37 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
$2,250/moBelow market$2,600/moAbove market

Total price vs nearby homes. Fair value about $2,350/mo, median of 37 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in North St. James Town · asking prices
$2,250avg asking

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

3401-609 Sherbourne Street$2,2503105-609 Sherbourne Street$2,2503110-609 Sherbourne Street$2,2501805-609 Sherbourne Street$2,2502211-609 Sherbourne Street$2,250

The 5 closest of 8 active listings nearby.

See all comparable homes
2,250This home2,2502,2502,2502,2502,250This home vs active comparables
Live market pulseActive comparables in North St. James Town · median list $2K
60active 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
$2K
Annex
$2K
Waterfront Communities C8
$3K
Waterfront Communities C1
$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
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $10Property tax $1Total carry $12

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)
$10per month

Mortgage amount $1,800 · 4.14% over 25 years

$450Down payment (20.0%)
$1,800Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$23

Plus your down payment of $450. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,082Total interest paid
$2,882Total of all payments
Principal $1,800 Interest $1,082
YearPrincipalInterestBalance
1$42$73$1,758
2$44$71$1,714
3$46$69$1,668
4$48$68$1,620
5$50$66$1,571
6$52$64$1,519
7$54$61$1,465
8$56$59$1,409
9$59$57$1,350
10$61$54$1,289
11$64$52$1,226
12$66$49$1,160
13$69$46$1,091
14$72$43$1,019
15$75$40$944
16$78$37$866
17$81$34$785
18$85$31$700
19$88$27$612
20$92$23$520
21$96$20$425
22$100$16$325
23$104$11$221
24$108$7$113
25$113$3$0

At the end of your 5-year term

Total paid over the term
$576
Principal paid down
$229
Interest paid
$347
Balance remaining
$1,571

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 HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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