1708-390 Cherry Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13844046
About this home
In short
- Welcome to Suite 1708 at 390 Cherry St., a spectacular south-facing 1+1 bedroom residence in the heart of Toronto's vibrant Distillery District.
- The newly renovated kitchen is a standout, featuring quartz countertops, stainless steel appliances, ample cabinetry, a large centre island, and a sophisticated...
- Overlooking the open-concept living and dining areas, it creates an ideal space for both everyday living and entertaining.
- Hardwood flooring flows throughout creating a fresh carpet free environment.
- Enjoy an exceptional lifestyle with an impressive collection of amenities, including an outdoor pool, hot tub, sauna, fitness centre, yoga/pilates studio, newly...
Welcome to Suite 1708 at 390 Cherry St., a spectacular south-facing 1+1 bedroom residence in the heart of Toronto's vibrant Distillery District. One of The Gooderham building's larger 1+1 layouts, this beautifully appointed suite offers a wide, functional floor plan, abundant natural light, and breathtaking views toward Lake Ontario. The newly renovated kitchen is a standout, featuring quartz countertops, stainless steel appliances, ample cabinetry, a large centre island, and a sophisticated two-tone colour scheme. Overlooking the open-concept living and dining areas, it creates an ideal space for both everyday living and entertaining. A custom-built entertainment centre elegantly separates the two spaces, while floor-to-ceiling windows showcase spectacular southern views. Step outside to your spacious balcony and take in the panoramic lake vistas. The generous primary bedroom features a large closet and convenient semi-ensuite access to the modern 4-piece bathroom. Hardwood flooring flows throughout creating a fresh carpet free environment. Includes ensuite stacked laundry, one parking space and one locker. Enjoy an exceptional lifestyle with an impressive collection of amenities, including an outdoor pool, hot tub, sauna, fitness centre, yoga/pilates studio, newly renovated party room, billiards lounge, media lounge, boardroom, guest suites and more. Perfectly positioned in Toronto's iconic Distillery District, you're steps from acclaimed restaurants, boutique shops, galleries, cafés and the renowned annual Christmas Market. Explore nearby Corktown, St. Lawrence Market, the waterfront, Cherry Beach and Lake Ontario, with transit at your doorstep and the future Ontario Line Distillery District Station adding even greater connectivity. Easy access to the Gardiner Expressway and DVP makes commuting throughout the city effortless. A rare opportunity to enjoy sophisticated urban living in one of Toronto's most sought-after neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13844046
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Cherry St / Mill St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $721/mo
- Exposure
- South
- Property tax
- $3,292 / 2026
- Days on market
- 19
- Listing brokerage
- RIGHT AT HOME REALTY
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 Queen Alexandra Middle 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 saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $906/sqft; this home lists at $955/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
Waterfront Communities C8, 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 $496,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,742
- Property tax
- $274
- Condo / maintenance fees
- $721
- Heating
- $0
- Estimated monthly cost
- $3,738
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,875
- Toronto municipal land transfer tax
- $8,875
- Estimated closing costs
- $17,750
Plus your down payment of $124,000. 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
- $164,548
- Principal paid down
- $60,602
- Interest paid
- $103,946
- Balance remaining
- $435,398
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 RIGHT AT HOME REALTY. MLS®/PropTx.