3405-609 Sherbourne Street, Toronto, ON
North St. James Town, Toronto · MLS® C13580602
About this home
Welcome to Burke Condos, a brand-new landmark tower in the heart of downtown Toronto at Bloor & Sherbourne. This bright, 9ft high-floor 1 Bed + Den suite offers 644 sq ft of well-designed living space, with a versatile den that easily serves as a second bedroom, home office, or guest room. Enjoy an open-concept living and dining area, a modern kitchen with integrated Bosch appliances, a generously sized bedroom, and a private balcony with a sunny northeast exposure that fills the home with beautiful morning light and open city views. Residents enjoy world-class amenities: 24/7 concierge, fitness centre, yoga/spin studio, a professional co-working hub with meeting rooms and boardrooms, a party room with wet bar and chef's kitchen, theatre, games and music rooms, plus landscaped rooftop terraces with BBQs, fireplaces, and lounge seating.Unbeatable location: steps to Sherbourne Station (Line 2), with the Bloor-Yonge interchange just one stop west. Walk to Yorkville and the Mink Mile's luxury shopping and dining, the Rosedale Ravine, and Don River trails. Five minutes to the DVP, and close to TTC routes, restaurants, parks, and everyday essentials. A perfect lease opportunity for professionals or couples seeking move-in-ready luxury in one of Toronto's most connected
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13580602
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 600-699
- Cross streets
- Bloor and Sherbourne
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- North
- Days on market
- 2
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
laminate · open concept
laminate · large window
3 pc bath · tile floor
laminate · combined w/dining
laminate · combined w/dining
Listed at $2,400/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 31 similar rentals nearby, adjusted for size, beds, and baths.Median of 31 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 $2,250/mo
- Adjusts to $2,250/mo
That comparable adjusts to $2,250/mo; the $2,375/mo estimate above is the median of all 31 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. Bloor Street East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2,375/mo, median of 31 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
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 homesNot enough sq ft data to place this home on the area price curve.
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.
Getting around
Walker's ParadiseA 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: Bloor Street East, about 78 m away
Within a 15-minute (1.5 km) walk.
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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12
- Toronto municipal land transfer tax
- $12
- Estimated closing costs
- $24
Plus your down payment of $480. 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
- $615
- Principal paid down
- $245
- Interest paid
- $370
- Balance remaining
- $1,675
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.