1464-135 Lower Sherbourne Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C14094042

$599,000
For Sale
Listed 1 day agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this stunning 2 Bed + Den condominium offering breathtaking views of the lake.
  • Enjoy an unmatched urban lifestyle with premium amenities, including a 24-hour concierge,infinity outdoor pool with rooftop cabanas, fully equipped gym, yoga studio...

Welcome to this stunning 2 Bed + Den condominium offering breathtaking views of the lake.Experience luxury living at its finest in the heart of the vibrant St. Lawrence Market. Thisbeautifully designed unit is just steps away from top-tier restaurants, boutique shops, thewaterfront, TTC, Rogers Centre, Scotiabank Arena, bike paths, the Financial District, theDistillery District, and Union Station.Enjoy an unmatched urban lifestyle with premium amenities, including a 24-hour concierge,infinity outdoor pool with rooftop cabanas, fully equipped gym, yoga studio, games room, andBBQ area.Come and explore Time & Space Condos by Pemberton Group-your next home awaits.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14094042
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
600-699 sq ft
Cross streets
Front St E / Lower Sherbourne St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$642/mo
Exposure
South
Property tax
$3,525 / 2025
Days on market
1
Listing brokerage
REMAX YC REALTY

Rooms

Primary BedroomMain2.92 × 2.77 m

w/o to balcony · laminate · his and hers closets

Bedroom 2Main2.70 × 2.57 m

sliding doors · laminate · closet

DenMain1.75 × 2.08 m

Laminate

Living RoomMain2.77 × 2.74 m

w/o to balcony · laminate

DenMain1.78 × 1.75 m

open concept · laminate

KitchenMain3.20 × 2.43 m

stainless steel appl · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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

Waterfront Communities C8, 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.

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
$2,730/mo
$129KIncome needed
4.6×Price ÷ income
$630Weekly cost
$16,910Land 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.

74%mortgage
Mortgage $2,730Property tax $294Condo fee $642Total carry $3,665

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$294
Condo / maintenance fees
$642
Heating
$0
Estimated monthly cost
$3,585

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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$2,050/mo
$24,600Gross annual rent
1.7%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.

4.1%
Gross yield
− Property tax $3,525− Condo fees $7,700− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,069

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

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