456-121 Lower Sherbourne Street, Toronto, ON

Moss Park, Toronto · MLS® C13593876

$508,800
For Sale
Listed 1 day ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Only one-bedroom unit with parking. One Underground Parking Space & One Locker Included! Welcome to one of the most desirable buildings in the prestigious Time and Space community at Front St. E. & Lower Sherbourne St. This bright, carpet-free 1-bedroom suite features a functional open-concept layout with a desirable west exposure overlooking the landscaped courtyard, offering a peaceful setting away from street noise. Enjoy a spacious 102 sq. ft. private balcony, perfect for relaxing or entertaining. Includes one underground parking space and one storage locker. Exceptional building amenities include a fully equipped fitness centre, yoga studio, infinity-edge outdoor pool, rooftop cabanas, outdoor BBQ area, party room, and games room. Ideally located just a 2-minute walk to No Frills, parks, and everyday conveniences, with easy access to the Distillery District, St. Lawrence Market, the Waterfront, TTC, and downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13593876
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Front/Sherbourne
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$535/mo
Exposure
East
Property tax
$2,900 / 2025
Days on market
1
Listing brokerage
AIMHOME REALTY INC.

Rooms

Dining RoomMain3.00 × 2.70 m

laminate · open concept · combined w/dining

BedroomMain3.20 × 2.75 m

laminate · closet · window

Living RoomMain3.00 × 2.70 m

laminate · open concept · w/o to balcony

KitchenMain3.00 × 2.20 m

laminate · stainless steel appl · stone counters

Our TakeTeam Asgarian · Broker
In line
$495Kest. value

Listed at $508,800, and my independent estimate is right in line with comparable homes.

In Moss Park lately, sellers get about 96% of asking; homes sell in ~33 days.

List price
$464KGreat deal$537KOverpriced

Total price vs nearby homes. Fair value about $495K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 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, and the city (MPAC) assessment points to about $488K, a close match.

What the listing highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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 Market Lane 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 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Moss Park · asking prices
$499kavg asking

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

312-105 George Street$500k1223-230 King Street$496k512-109 Front Street$525k1412-105 George Street$490k1020-320 Richmond Street$485k

The 5 closest of 8 active listings nearby.

See all comparable homes
509kThis home500k496k525k490k485kThis home vs active comparables
Live market pulseActive comparables in Moss Park · median list $548K
$926this home / sqft
55active listings nearby
1days on market
100sold nearby · 90 days
$607Kmedian sold price
96%of asking, on average

This home lists 3% above the area average of $898/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Moss Park, 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
$610K
Waterfront Communities C1
$608K
Bay Street Corridor
$618K
Niagara
$599K
Flemingdon Park
$430K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,319/mo
$110KIncome needed
4.6×Price ÷ income
$535Weekly 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.

75%mortgage
Mortgage $2,319Property tax $242Condo fee $535Total carry $3,096

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,172per month

Mortgage amount $407,040 · 4.14% over 25 years

$101,760Down payment (20.0%)
$407,040Loan before insurance
$0CMHC premium
$2,949Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,172
Property tax
$242
Condo / maintenance fees
$535
Heating
$0
Estimated monthly cost
$2,949

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

One-time closing costs

Ontario land transfer tax
$6,651
Toronto municipal land transfer tax
$6,651
Estimated closing costs
$13,302

Plus your down payment of $101,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,638/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

$244,595Total interest paid
$651,635Total of all payments
Principal $407,040 Interest $244,595
YearPrincipalInterestBalance
1$9,536$16,530$397,504
2$9,934$16,131$387,570
3$10,350$15,715$377,220
4$10,783$15,283$366,437
5$11,234$14,832$355,203
6$11,704$14,362$343,500
7$12,193$13,872$331,306
8$12,703$13,362$318,603
9$13,235$12,831$305,368
10$13,788$12,277$291,580
11$14,365$11,700$277,215
12$14,966$11,099$262,249
13$15,592$10,473$246,657
14$16,244$9,821$230,413
15$16,924$9,142$213,489
16$17,631$8,434$195,858
17$18,369$7,696$177,489
18$19,137$6,928$158,351
19$19,938$6,128$138,414
20$20,772$5,294$117,642
21$21,641$4,425$96,001
22$22,546$3,520$73,455
23$23,489$2,577$49,966
24$24,471$1,594$25,495
25$25,495$570$0

At the end of your 5-year term

Total paid over the term
$130,327
Principal paid down
$51,837
Interest paid
$78,490
Balance remaining
$355,203

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$1,700/mo
$20,400Gross annual rent
1.6%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.

4.0%
Gross yield
− Property tax $2,900− Condo fees $6,420− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,236

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

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