1204-609 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C13650298

$899,000
For Sale
Listed 73 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Experience elevated urban living in this brand-new, never-lived-in corner suite offering over 1,100 sq. ft. of bright, thoughtfully designed living space with premium...
  • The functional split-bedroom layout features an open-concept living, dining, and kitchen area with built-in appliances, custom cabinetry, and abundant natural light.
  • Enjoy outstanding amenities, including a 24-hour concierge, fitness centre, yoga and spin studios, co-working lounge with meeting rooms, party room, private dining...
  • Located just a 1-minute walk to Sherbourne Subway Station, with grocery stores, cafes, restaurants, Yorkville, and the scenic Rosedale Ravine nearby, this exceptional...

Experience elevated urban living in this brand-new, never-lived-in corner suite offering over 1,100 sq. ft. of bright, thoughtfully designed living space with premium finishes and unobstructed green views. The functional split-bedroom layout features an open-concept living, dining, and kitchen area with built-in appliances, custom cabinetry, and abundant natural light. The spacious primary bedroom features a large closet and a well-designed ensuite bathroom, while the additional bedrooms are ideal for family, guests, or a home office. Enjoy outstanding amenities, including a 24-hour concierge, fitness centre, yoga and spin studios, co-working lounge with meeting rooms, party room, private dining room, theatre, music and games rooms, children's room, guest suite, pet wash station, secure parcel storage, and beautifully landscaped outdoor terraces with BBQs and lounge seating. Located just a 1-minute walk to Sherbourne Subway Station, with grocery stores, cafes, restaurants, Yorkville, and the scenic Rosedale Ravine nearby, this exceptional home offers the perfect blend of luxury, convenience, and nature. Furniture shown in the photos has been virtually staged and is not included in the sale. Property taxes have not yet been assessed.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13650298
Bedrooms
3
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Bloor St E/Sherbourne St
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$779/mo
Exposure
North West
Days on market
73
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

KitchenFlat5.60 × 3.70 m

b/i appliances · pantry · pot lights

Bedroom 3Flat3.10 × 3.00 m

mirrored closet · large window · nw view

Living RoomFlat5.60 × 3.70 m

combined w/dining · open concept · vinyl floor

Primary BedroomFlat3.20 × 2.90 m

mirrored closet · large window · 3 pc ensuite

Dining RoomFlat5.60 × 3.70 m

combined w/kitchen · w/o to balcony · glass doors

Bedroom 2Flat3.20 × 2.80 m

mirrored closet · large window · vinyl floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$874Klikely sale price

Listed at $899,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $874K, typically $824K to $946K. Comparable closings on their own put this home around $809K, about 10% below the ask.

Longer on the market than typical. 73 days on the market against about 42 for homes like it here, and asking 11% above where comparable closings put it.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$824KBelow recent closings$946KAbove recent closings

Total price vs nearby homes. Likely closing about $874K, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$510Kmedian sold price
94%of asking, on average
−18%prices vs a year ago
~42 dayshomes like this take to sell
73days on market so far
$3,999/moest. rent · 29 leases
5.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 15 condo apartment homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $818/sqft against an area asking average of $892/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 19 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights3 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($818/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 19 comparable homes that sold in North St. James Town over the past two years, from 168 closings there.

What sellers nearby are askingCurrently listed nearby in North St. James Town · asking prices
$1.04Mavg asking

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

Per square foot, these ask about $957/sqft; this home lists at $818/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
899kThis home938k1.29M1.35M835k800kThis home vs active comparables

Sold price trend

Median sold price for condos in North St. James Town: $516K in September 2026, down 12% from a year ago, on 67 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$709K8
November 2025$500K5
January 2026$615K6
March 2026$626K7
April 2026$538K7
May 2026$680K13
June 2026$530K8
August 2026$510K7
September 2026$516K6

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.

Nearby neighbourhoods

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

Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K
Waterfront Communities C1
$610K
Niagara
$724K

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 · 0.7 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Isabella Campus) · Catholic secondary0.2 km
Rose Avenue Junior Public School · Public elementary0.3 km · 46% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.6 km
Jarvis Collegiate Institute · Public secondary0.6 km · 57% at standard
Rosedale Junior Public School · Public elementary0.8 km · 94% at standard
Rosedale Heights School of the Arts · Public secondary0.8 km · 80% at standard
Church Street Junior Public School · Public elementary0.9 km · 73% at standard
Native Learning Centre · Public secondary0.9 km
St Martin Catholic School (St.Martin) · Catholic secondary1.0 km
Sprucecourt Junior Public School · Public elementary1.2 km · 59% at standard
St Joseph's College School · Catholic secondary1.3 km · 76% at standard
Jesse Ketchum Junior and Senior Public School · Public elementary1.3 km · 87% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,097/mo
$193KIncome needed
4.7×Price ÷ income
$946Weekly cost
$28,910Land transfer tax, one-time (Ontario + Toronto)
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 $4,097Estimated property tax $562Condo fee $779Total carry $5,438

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$5,317Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Estimated property tax
$562
Condo / maintenance fees
$779
Heating
$0
Estimated monthly cost
$5,317

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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
From 29 whole-home leases in North St. James Town$3,999/mo
$47,988Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,799 to $4,199Typical rent range
~14 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 29 whole-home leases in North St. James Town signed at a median of $3,776 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,999. 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.

5.3%
Gross yield
− Property tax $6,293− Condo fees $9,350− Insurance $600− Vacancy & upkeep $5,279Net operating income $26,467

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

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