1839-135 Lower Sherbourne Street, Toronto, ON

Moss Park, Toronto · MLS® C13825662

$475,000
For Sale
Listed 25 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Bright & Spacious 1+1 Bedroom Suite With A Rare Enclosed Den That Can Easily Be Used As A Second Bedroom, Guest Room Or Dedicated Home Office.
  • Freshly Painted Throughout, This 570 SF East-Facing Unit Offers Excellent Natural Light And A Functional Layout.
  • Features Include Laminate Flooring Throughout, Floor-To-Ceiling Windows, A Modern Kitchen With Quartz Countertops, Ceramic Backsplash And Full Suite Of Built-In...
  • The Living Room Walks Out To A Private Balcony With Beautiful Lake Views, Plus A Lovely View Of The Rooftop Pool Below.
  • Excellent Building Amenities Include 24-Hr Concierge, Modern Lobby, Gym, Party Room, Rooftop Terrace, Visitor Parking, Swimming Pool And More.

Bright & Spacious 1+1 Bedroom Suite With A Rare Enclosed Den That Can Easily Be Used As A Second Bedroom, Guest Room Or Dedicated Home Office! Freshly Painted Throughout, This 570 SF East-Facing Unit Offers Excellent Natural Light And A Functional Layout. Features Include Laminate Flooring Throughout, Floor-To-Ceiling Windows, A Modern Kitchen With Quartz Countertops, Ceramic Backsplash And Full Suite Of Built-In Stainless Steel Appliances, A 4-Piece Bathroom, And A Generous Primary Bedroom With Walk-In Closet. The Living Room Walks Out To A Private Balcony With Beautiful Lake Views, Plus A Lovely View Of The Rooftop Pool Below. Excellent Building Amenities Include 24-Hr Concierge, Modern Lobby, Gym, Party Room, Rooftop Terrace, Visitor Parking, Swimming Pool And More. Located In The Heart Of Downtown Toronto, Just Steps To St. Lawrence Market, No Frills, Restaurants, Shops, The Distillery District And Waterfront, With Easy Access To TTC, DVP And The Downtown Core. Move-In Ready. High Speed Wi-Fi Is Included In the Management Fee. Perfect Opportunity For First-Time Buyers, Young Professionals, Small Families Or Investors Looking For Exceptional Downtown Convenience And Lifestyle Living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13825662
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Lower Sherbourne St. & Front St. East
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$492/mo
Exposure
East
Property tax
$2,570 / 2026
Days on market
25
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomFlat3.61 × 2.72 m

laminate · w/o to balcony · window floor to ceiling

Primary BedroomFlat2.80 × 2.74 m

laminate · walk-in closet(s) · window floor to ceiling

Dining RoomFlat3.17 × 2.08 m

laminate · combined w/kitchen · open concept

DenFlat2.26 × 2.06 m

laminate · separate room

KitchenFlat3.17 × 2.08 m

laminate · stainless steel appl · ceramic backsplash

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

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.

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.

Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
North St. James Town
$649K
Waterfront Communities C1
$682K
Kensington-Chinatown
$585K

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
Also nearby: 12 more schools within 2.5 km
St Paul Catholic School · Catholic elementary0.8 km · 62% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.0 km · 98% at standard
Nelson Mandela Park Public School · Public elementary1.0 km · 47% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.2 km · 55% at standard
Sprucecourt Junior Public School · Public elementary1.6 km · 59% at standard
Church Street Junior Public School · Public elementary1.8 km · 73% at standard
Winchester Junior and Senior Public School · Public elementary1.8 km · 76% at standard
Native Learning Centre · Public secondary1.8 km
St Martin Catholic School(OL of Lourdes · Catholic elementary1.8 km
Our Lady of Lourdes Catholic School · Catholic elementary1.9 km · 64% at standard
Contact Alternative School School · Public secondary1.9 km

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

Affordability & Mortgage

Affordability
$2,165/mo
$102KIncome needed
4.6×Price ÷ income
$500Weekly cost
$11,950Land 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 $2,165Property tax $214Condo fee $492Total carry $2,871

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,807Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$214
Condo / maintenance fees
$492
Heating
$0
Estimated monthly cost
$2,807

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

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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
1.9%Cap rate after taxes and upkeep

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.

4.3%
Gross yield
− Property tax $2,570− Condo fees $5,906− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,080

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

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