2009-500 Sherbourne Street, Toronto, ON

North St. James Town, Toronto · MLS® C14093402

$799,900
For Sale
Just listed todayNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Parking
900-999Sq ft

About this home

In short

  • Only Available For The Third Time Since The Inception Of The 500, This Fully Repainted & Cleaned Split 2 Bedroom, 2 bathroom Corner Unit Is A Very Rarely Available...
  • The Unit Also Includes One (1) Parking (with no neighbour on one side, go see it in person!), Two (2) Bike Racks & One (1) Locker.
  • Greatly Managed Building With A Concierge Who Will Know You On First Name Basis.
  • Great Amenities Include A Gym With Sauna, A Theatre, A Games & Billiards Room, Meeting Rooms With WIFI, Guest Suites, A Rooftop Terrace with BBQ's, 24Hrs Concierge &...

Only Available For The Third Time Since The Inception Of The 500, This Fully Repainted & Cleaned Split 2 Bedroom, 2 bathroom Corner Unit Is A Very Rarely Available One Which You Must Experience In Person! Its South-West Exposure Offers The Best Views & Quality Of Natural Light Year Around! Sunsets Overlooking The City Skyline Are Sure Going To Make You Pinch Yourself & Impress Your Guests. This Floorplan Rarely Trades Because Owners Love It So Much! The Unit Also Includes One (1) Parking (with no neighbour on one side, go see it in person!), Two (2) Bike Racks & One (1) Locker. Greatly Managed Building With A Concierge Who Will Know You On First Name Basis. The Functional Floorplan Presents Clear Designation Of Its Living Areas With No Wasted Space Which Optimizes Maintenance Fees In Return. Generous Storage (More Closets) & Large Bathrooms With Modern Design & No Broadloom Anywhere! The Balcony Is One You Can Comfortably Host On & Enjoy The Views From. Great Amenities Include A Gym With Sauna, A Theatre, A Games & Billiards Room, Meeting Rooms With WIFI, Guest Suites, A Rooftop Terrace with BBQ's, 24Hrs Concierge & Free Visitors Parking. Location Is Great With Quick Acccess To Yorkville, The Village, Cabbagetown & More. The Subway, Groceries, Pharmacy and Restaurants Are All Walking Distance Too!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14093402
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Sherbourne Street and Bloor Street East
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$881/mo
Exposure
South West
Property tax
$4,059 / 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat7.26 × 4.62 m

hardwood floor · w/o to balcony · open concept

BedroomFlat4.32 × 3.15 m

hardwood floor · 3 pc ensuite · large window

Dining RoomFlat7.26 × 4.62 m

combined w/living · open concept · hardwood floor

Bedroom 2Flat3.40 × 3.30 m

double closet · hardwood floor · large window

KitchenFlat3.05 × 2.29 m

stainless steel appl · quartz counter · hardwood floor

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

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.

What sellers nearby are askingCurrently listed nearby in North St. James Town · asking prices
$796kavg 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 $878/sqft; this home lists at $842/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
800kThis home798k835k799k828k719kThis home vs active comparables

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.

Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K
Waterfront Communities C1
$610K
Niagara
$724K

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 Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Isabella Campus) · Catholic secondary0.2 km
St Martin Catholic School(OL of Lourdes · Catholic elementary0.2 km
Jarvis Collegiate Institute · Public secondary0.3 km · 57% at standard
Rose Avenue Junior Public School · Public elementary0.3 km · 46% at standard
Winchester Junior and Senior Public School · Public elementary0.4 km · 76% at standard
Native Learning Centre · Public secondary0.6 km
St Martin Catholic School (St.Martin) · Catholic secondary0.9 km
Rosedale Heights School of the Arts · Public secondary1.0 km · 80% at standard
Sprucecourt Junior Public School · Public elementary1.0 km · 59% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.0 km · 55% at standard
St Joseph's College School · Catholic secondary1.1 km · 76% at standard
Rosedale Junior Public School · Public elementary1.2 km · 94% at standard

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

Affordability & Mortgage

Affordability
$3,646/mo
$170KIncome needed
4.7×Price ÷ income
$841Weekly cost
$24,946Land 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 $3,646Property tax $338Condo fee $881Total carry $4,865

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,538per month

Mortgage amount $639,920 · 4.49% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$4,757Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$338
Condo / maintenance fees
$881
Heating
$0
Estimated monthly cost
$4,757

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

One-time closing costs

Ontario land transfer tax
$12,473
Toronto municipal land transfer tax
$12,473
Estimated closing costs
$24,946

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,548Total interest paid
$1,061,468Total of all payments
Principal $639,920 Interest $421,548
YearPrincipalInterestBalance
1$14,280$28,178$625,640
2$14,929$27,530$610,711
3$15,606$26,852$595,105
4$16,315$26,144$578,789
5$17,056$25,403$561,734
6$17,830$24,628$543,903
7$18,640$23,819$525,263
8$19,486$22,973$505,777
9$20,371$22,088$485,406
10$21,296$21,163$464,111
11$22,263$20,196$441,848
12$23,274$19,185$418,574
13$24,330$18,128$394,244
14$25,435$17,024$368,809
15$26,590$15,869$342,219
16$27,797$14,662$314,422
17$29,059$13,400$285,363
18$30,379$12,080$254,984
19$31,758$10,701$223,226
20$33,200$9,259$190,027
21$34,707$7,751$155,319
22$36,283$6,176$119,036
23$37,930$4,528$81,106
24$39,653$2,806$41,453
25$41,453$1,006$0

At the end of your 5-year term

Total paid over the term
$212,294
Principal paid down
$78,186
Interest paid
$134,107
Balance remaining
$561,734

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$3,050/mo
$36,600Gross annual rent
2.2%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.

4.6%
Gross yield
− Property tax $4,059− Condo fees $10,575− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,340

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

CallRequest a showing