2809-609 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C13800380

$1,288,000
For Sale
Listed 33 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Live at the meeting point of downtown convenience and ROSEDALE's green canopy.
  • Burke Condos sits right beside Sherbourne TTC Station and Line 2, with TTC buses and streetcars at your door and Union Station about 15 minutes away.
  • Ramsden Park, the Rosedale Ravine Lands and Riverdale Farm bring nature into daily life.
  • Over 1,100 sq. ft. of bright, thoughtfully designed space features a proper 3-bedroom, 3-bathroom layout.
  • The open-concept living, dining and kitchen area is finished with custom cabinetry, built-in appliances and wall-to-wall windows that frame the treetops.

Live at the meeting point of downtown convenience and ROSEDALE's green canopy. Burke Condos sits right beside Sherbourne TTC Station and Line 2, with TTC buses and streetcars at your door and Union Station about 15 minutes away. Bloor Street, Yorkville's shops and restaurants, grocery stores and cafés are minutes on foot. Queen's Park, Hospital Row and the Financial District are close enough to walk or ride - an exceptional address for professionals who want to cut the commute. U of T, TMU and George Brown College are nearby by transit or on foot. Ramsden Park, the Rosedale Ravine Lands and Riverdale Farm bring nature into daily life.This brand-new, never-lived-in SE corner suite with a rare, fully UNOBSTRUCTED view across Lake Ontario and the FOREST of Rosedale - a sweeping green horizon that fills the rooms with light and a calm rarely found downtown. Over 1,100 sq. ft. of bright, thoughtfully designed space features a proper 3-bedroom, 3-bathroom layout. The open-concept living, dining and kitchen area is finished with custom cabinetry, built-in appliances and wall-to-wall windows that frame the treetops. The spacious primary bedroom offers a large closet, a well-designed ensuite and the same commanding southeast forest outlook; the additional bedrooms work beautifully for family, guests or a home office. 1 parking and 1 locker included.Amenities include 24-hour concierge, a full-size gym with a full Rosedale forest view, yoga and spin studios, co-working lounge with meeting rooms, party room, private dining, theatre, music and games rooms, children's play area, guest suite, pet spa, secure parcel storage, and landscaped outdoor terraces with BBQs and lounge seating. A refined blend of luxury, transit, schools and nature - rarely found together in the Rosedale-Cabbagetown corridor.Come home to the forest of Rosedale and the city at your door - a rare downtown suite with quiet arrival, refined living, and a view that revitalizes you every day.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13800380
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
$679/mo
Exposure
South East
Days on market
33
Listing brokerage
CENTURY 21 MYPRO REALTY
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.25Mlikely sale price

Listed at $1,288,000 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $1.25M, typically $1.18M to $1.36M. Comparable closings on their own put this home around $809K, about 37% below the ask.

List price
$1.18MBelow recent closings$1.36MAbove recent closings

Total price vs nearby homes. Likely closing about $1.25M, 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
33days on market so far
$4,002/moest. rent · 29 leases
3.7%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 $1,171/sqft against an area asking average of $868/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 highlights2 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
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.

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
$1.10Mavg 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 $947/sqft; this home lists at $1,171/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.29MThis home938k899k1.35M1.49M835kThis 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.

Bay Street Corridor
$479K
Church-Yonge Corridor
$659K
Moss Park
$633K
Waterfront Communities C8
$570K
Waterfront Communities C1
$750K

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
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 elementary0.7 km
Jarvis Collegiate Institute · Public secondary0.7 km · 57% at standard
Rosedale Junior Public School · Public elementary0.8 km · 94% at standard
Rosedale Heights School of the Arts · Public secondary0.9 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 secondary1.1 km
Jesse Ketchum Junior and Senior Public School · Public elementary1.3 km · 87% at standard
St Joseph's College School · Catholic secondary1.3 km · 76% at standard
Sprucecourt Junior Public School · Public elementary1.3 km · 59% at standard

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

Affordability & Mortgage

Affordability
$5,870/mo
$267KIncome needed
4.8×Price ÷ income
$1,355Weekly cost
$44,470Land 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.

80%mortgage
Mortgage $5,870Estimated property tax $805Condo fee $679Total carry $7,354

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,697per month

Mortgage amount $1,030,400 · 4.49% over 25 years

$257,600Down payment (20.0%)
$1,030,400Loan before insurance
$0CMHC premium
$7,181Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,697
Estimated property tax
$805
Condo / maintenance fees
$679
Heating
$0
Estimated monthly cost
$7,181

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

One-time closing costs

Ontario land transfer tax
$22,235
Toronto municipal land transfer tax
$22,235
Estimated closing costs
$44,470

Plus your down payment of $257,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,896/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

$678,778Total interest paid
$1,709,178Total of all payments
Principal $1,030,400 Interest $678,778
YearPrincipalInterestBalance
1$22,994$45,373$1,007,406
2$24,038$44,329$983,368
3$25,130$43,238$958,238
4$26,271$42,097$931,968
5$27,463$40,904$904,504
6$28,710$39,657$875,794
7$30,014$38,353$845,780
8$31,377$36,990$814,403
9$32,801$35,566$781,602
10$34,291$34,077$747,311
11$35,847$32,520$711,464
12$37,475$30,892$673,989
13$39,177$29,190$634,812
14$40,955$27,412$593,857
15$42,815$25,552$551,042
16$44,759$23,608$506,283
17$46,791$21,576$459,492
18$48,916$19,451$410,576
19$51,137$17,230$359,440
20$53,458$14,909$305,981
21$55,886$12,481$250,095
22$58,423$9,944$191,672
23$61,076$7,291$130,597
24$63,849$4,518$66,748
25$66,748$1,619$0

At the end of your 5-year term

Total paid over the term
$341,836
Principal paid down
$125,896
Interest paid
$215,940
Balance remaining
$904,504

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$4,002/mo
$48,024Gross annual rent
1.9%Cap rate after taxes and upkeep
$3,802 to $4,202Typical 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 $3,778 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,002. 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.

3.7%
Gross yield
− Property tax $9,016− Condo fees $8,151− Insurance $600− Vacancy & upkeep $5,283Net operating income $24,975

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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