565-135 Lower Sherbourne Street, Toronto, ON
Moss Park, Toronto · MLS® C13645454
About this home
In short
- Time & Space by Pemberton - a modern urban residence in one of downtown Toronto's most vibrant and sought-after communities.
- This bright and thoughtfully designed one-bedroom plus den of functional living space, den can be used as 2nd bedroom or a home office.
- One full bathroom, 9-foot smooth ceilings, upgraded water proofing laminate flooring throughout, and a clear southwest view of the CN Tower with abundant natural light.
- The open-concept layout maximizes every square foot with no wasted space.
Time & Space by Pemberton - a modern urban residence in one of downtown Toronto's most vibrant and sought-after communities. This bright and thoughtfully designed one-bedroom plus den of functional living space, den can be used as 2nd bedroom or a home office. One full bathroom, 9-foot smooth ceilings, upgraded water proofing laminate flooring throughout, and a clear southwest view of the CN Tower with abundant natural light. The open-concept layout maximizes every square foot with no wasted space. The contemporary kitchen features sleek built-in appliances, granite countertops, and ample cabinetry, seamlessly connecting to the living and dining area. The living room opens onto a private balcony, providing the perfect place to relax and enjoy the unobstructed southwest city view. The generously sized primary bedroom features a large window and ample closet space. Ideally located in the heart of downtown, just steps from St. Lawrence Market, No Frills, boutique shops, cafés, restaurants, and the historic Distillery District. Convenient access to the TTC, downtown core, and DVP makes commuting effortless. Property has been virtually staged.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13645454
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 500-599 sq ft
- Cross streets
- Front/Sherbourne
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Brick
- Maintenance
- $465/mo
- Exposure
- South West
- Property tax
- $2,478 / 2026
- Days on market
- 47
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
laminate · separate room
laminate · open concept · combined w/living
laminate · open concept · w/o to balcony
laminate · granite counters · stainless steel appl
laminate · closet · window
Listed at $515,000. Going by how homes in Moss Park have actually closed against their asking prices (about 97%, 58 local closings in 90 days), the likely sale price is near $501K, if it sells. A realistic range is $472K to $542K.
Independent value check: $437K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $406K and $459K).
Why $437K. The typical condo sold in Moss Park over the past year went for about $530K (254 sales). What sets this one apart:
- ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,478 a year; the typical home sold here pays about $2,900.
Total price vs nearby homes. Likely closing about $501K, from 58 recent closings in this pocket.
The market behind the math:
About 2.9 months of inventory: 56 condo apartment homes for sale in the area against 58 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $937/sqft against an area asking average of $836/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 58 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $454K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
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 58 comparable homes that sold in Moss Park over the past 22 months, from 500 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $911/sqft; this home lists at $937/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Moss Park, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $412,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,255
- Property tax
- $207
- Condo / maintenance fees
- $465
- Heating
- $0
- Estimated monthly cost
- $2,927
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,775
- Toronto municipal land transfer tax
- $6,775
- Estimated closing costs
- $13,550
Plus your down payment of $103,000. 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
- $135,311
- Principal paid down
- $50,941
- Interest paid
- $84,370
- Balance remaining
- $361,059
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 numbersThe last 311 whole-home leases in Moss Park signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,300. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.