1101-500 Sherbourne Street, Toronto, ON
North St. James Town, Toronto · MLS® C13839560
About this home
The "Goldilocks" of Condos! All the amenities you would want for civilized living...and allows dogs! Beauty and luxury surround you throughout this stunning suite, and ohhhh what a view from your private balcony! Oversized den. New Stainless-Steel Stove and Built-In Dishwasher. Stainless Steel Fridge. New Front-Load Washer & Dryer. Plus, in the bathroom, enjoy a brand-new Sink and Vanity set with a Glass Surround shower. The freshly laid light-coloured floors enhance the experience as you flow in and out of this warm and inviting space. The extra large den is great for an office, nursery or guest bedroom and the sit-up breakfast bar with Granite Counters finishes the suite to a higher standard. Sleep easy knowing you live close to everything, from Yorkville, to The Danforth, to Church & Wellesley. TTC right at your door. Shops, Bars, Restaurants... and a beautiful rooftop patio from which to view it all! Welcome Home!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13839560
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Sherbourne / Wellesley
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $534/mo
- Exposure
- North
- Property tax
- $2,494 / 2026
- Days on market
- 20
- Listing brokerage
- ENGEL & VOLKERS TORONTO CENTRAL
Rooms
combined w/dining · laminate · w/o to balcony
stainless steel appl · granite counters · breakfast bar
Laminate
casement windows · north view · double closet
Laminate
combined w/dining · laminate
Listed at $569,000. Going by how homes in North St. James Town and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $553K, if it sells. A realistic range is $521K to $599K.
Independent value check: $497K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $463K and $523K).
Why $497K. The typical condo sold in North St. James Town over the past year went for about $565K (73 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,494 a year; the typical home sold here pays about $3,300.
- ▼ Lowers it slightly0 garage and 0 total parking spaces, against 1 and 1 typically.
- ▼ Lowers it slightly1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $553K, from 19 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 22 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.
Price per square foot: this home lists at $876/sqft against an area asking average of $865/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $493K. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 ($876/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 21 homes sold in this building over the past two years, from 168 closings in North St. James Town.
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 $756/sqft; this home lists at $876/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $709K | 8 |
| November 2025 | $500K | 5 |
| January 2026 | $615K | 6 |
| March 2026 | $626K | 7 |
| April 2026 | $538K | 7 |
| May 2026 | $680K | 13 |
| June 2026 | $530K | 8 |
| August 2026 | $510K | 7 |
| September 2026 | $516K | 6 |
Neighbourhood & location
North St. James Town, 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $455,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,517
- Property tax
- $208
- Condo / maintenance fees
- $534
- Heating
- $0
- Estimated monthly cost
- $3,259
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,855
- Toronto municipal land transfer tax
- $7,855
- Estimated closing costs
- $15,710
Plus your down payment of $113,800. 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
- $151,013
- Principal paid down
- $55,617
- Interest paid
- $95,396
- Balance remaining
- $399,583
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 14 whole-home leases in North St. James Town signed at a median of $2,473 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,473. 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 ENGEL & VOLKERS TORONTO CENTRAL. MLS®/PropTx.