Maintenance Fees
The 500 Sherbourne Condos vs The St. James Town Area
2007 - 500 Sherbourne St
For SaleThe 500 Sherbourne Condos
4.0
4 Days on Strata
$649,000
1 Bed + 1
1 Bath
1 Parking
645 SQFT
Listing History
2025 - Mar 29
for sale$649,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$539/mth
Taxes:
$2,618 (2024)
Cost Per Sqft:
$1,006/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South
Possession Date:
60 days after sold date
Laundry:
Main
About this Listing
Introducing Your Dream Urban Retreat - A Stunning 1+1 condo in the vibrant St. James Town neighborhood of Toronto! Live in luxury and convenience in this beautifully designed 600-699 sq ft condo on the 20th floor one bedroom, a den, and one washroom, plus your own underground parking space. Enjoy breathtaking south-facing views overlooking downtown Toronto, flooding the space with natural light.This building offers top-tier amenities, including, well-equipped gym, Guest Suites, Party room, Game room, Yoga Studio and 24-hour concierge service. There are plenty of visitors parking and 2 EV charging stations. Steps away, you'll find a supermarket, community center,and public library - plus the subway station is just minutes away, making commuting effortless. Don't miss this rare opportunity to own a prime downtown condo with unbeatable convenience and lifestyle perks. Schedule your viewing today!
ExtrasFridge, Stove, Microwave, Washer, Dryer, Dishwasher, All Existing ELF and ALL Existing Window Coverings.
homelife broadway realty inc.MLS® #C12049179
Features
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Bike Storage
Media Room
Rooftop Deck
Indoor Parking
Sauna
Guest Suites
Games Room
Visitor Parking
Concierge
Party Room
BBQs Allowed
Gym Room
Room Dimensions
Living
15.09 x 10.5ft
Dining
15.09 x 10.5ft
Bedroom
9.51 x 11.48ft
Buyer's Market
Balanced
Seller's Market
4.0
Building Spotlight
Similar Listings
Explore St. James Town
Commute Calculator
9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
9/10
Transit
So frequent, you might accidentally start collecting tickets.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
12,499
Average Individual Income
$59,023
Average Household Size
3 persons
Average Age
45
Average Household Income
$99,412
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
31%
Semi Detached
24%
Detached
23%
Low Rise Apartment
16%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
60%
Other
15%
Mandarin
10%
Cantonese
7%
Tagalog
4%
Spanish
2%
Arabic
1%
Tamil
1%
Education
University and Above
33%
High School
26%
None
17%
College
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
21%
Health & Related Fields
12%
Social Sciences
9%
Math & Computer Sciences
7%
Physical Sciences
6%
Humanities
5%
Education
4%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Building Trends At The 500 Sherbourne Condos
Days on Strata
Units at The 500 Sherbourne Condos spend an average of
30
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in St. James Town
Turnover of Units
On average, each unit is owned for
6.5
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 11 condos in the St. James Town area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
23
Units were Rented over the past twelve months
Best Value Rank
The 500 Sherbourne Condos offers the best value out of 11 condos in the St. James Town neighbourhood
?
Appreciation Rank
The 500 Sherbourne Condos has the highest ROI out of 11 condos in the St. James Town neighbourhood
?
Rental Yield
The 500 Sherbourne Condos yields the highest rent prices out of 11 condos in the St. James Town neighbourhood
?
High Demand
The 500 Sherbourne Condos is the most popular building out of 11 condos in the St. James Town neighbourhood
?
Market Insights
Transaction Insights at The 500 Sherbourne Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $910,000 | $499,500 - $790,000 | $765,000 - $1,190,000 | $755,000 | No Data | No Data |
| Avg. Cost Per Sqft | $985 | $930 | $957 | $883 | No Data | No Data |
| Price Range | $2,050 - $2,100 | $2,250 - $3,350 | $3,000 - $3,250 | $4,100 | No Data | No Data |
| Avg. Wait for Unit Availability | 232 Days | 34 Days | 48 Days | 233 Days | No Data | 1667 Days |
| Avg. Wait for Unit Availability | 171 Days | 27 Days | 39 Days | 383 Days | No Data | No Data |
| Ratio of Units in Building | 10% | 52% | 32% | 6% | 2% | 1% |
Market Inventory
Total number of units listed and sold in St. James Town
