407-90 Sherbourne Street, Toronto, ON
Moss Park, Toronto · MLS® C13819816
About this home
In short
- Welcome to Imperial Lofts.
- Constructed in 1910 and home to the Imperial Optical Company in its early years, and used as a warehouse for various manufacturers through the mid century, this...
- 407 holds one of the building's coveted southeast corner spots.
- Soaring 10.5-ft ceilings, original hardwood floors recently restored with care and precision, authentic century-old red brick walls, original Douglas Fir timber beams...
- With over 1400sqft of living space, the flexible guest suite/home office can be closed in if one chooses while still preserving the expansive feel of the open-concept...
Welcome to Imperial Lofts! Where Toronto's industrial past meets its Imperial future! Constructed in 1910 and home to the Imperial Optical Company in its early years, and used as a warehouse for various manufacturers through the mid century, this historic building was thoughtfully converted into authentic loft residences in 1997 while preserving its remarkable architectural details- the dramatic arched mullioned windows and the original manually operated elevator cab that still welcomes residents and guests today. 407 holds one of the building's coveted southeast corner spots! Inside this suite history and design converge. Soaring 10.5-ft ceilings, original hardwood floors recently restored with care and precision, authentic century-old red brick walls, original Douglas Fir timber beams work together to define this timeless industrial space. Wrapped in natural light from its coveted southeast exposure, this loft enjoys clear views over the neighbouring heritage art deco building, creating a sense of openness that mixes beautifully with its vintage features. With over 1400sqft of living space, the flexible guest suite/home office can be closed in if one chooses while still preserving the expansive feel of the open-concept layout. Complete with a shared rooftop terrace with BBQs, this is authentic loft living in the heart of Toronto-just steps to St. Lawrence Market, the Distillery District, the King East Design District, cafes, acclaimed restaurants, King & Queen streetcars, and the future Ontario Line. A home with history. A space with soul. A loft that's effortlessly cool.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- C13819816
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 1400-1599 sq ft
- Cross streets
- Adelaide St East and Sherbourne
- Parking
- 1 parking
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,548/mo
- Exposure
- South East
- Property tax
- $5,310 / 2026
- Days on market
- 26
- Listing brokerage
- PSR
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $893/sqft; this home lists at $667/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
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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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $443
- Condo / maintenance fees
- $1,548
- Heating
- $0
- Estimated monthly cost
- $6,413
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Toronto municipal land transfer tax
- $16,473
- Estimated closing costs
- $32,946
Plus your down payment of $199,980. 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
- $265,374
- Principal paid down
- $97,735
- Interest paid
- $167,638
- Balance remaining
- $702,185
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PSR. MLS®/PropTx.