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New3 hours ago

1311 - 500 Sherbourne Street

North St. James Town, Toronto

$589,900

Condo Apartment |
1 + 1 | 1 | 0 | 1
About this home

This bright and stylish condo features a smart open-concept layout, is freshly painted and upgraded with thoughtful details throughout. Since purchase, the unit has been enhanced with all-new stainless steel appliances (2021), custom built-in organizers in every closet, and stylish European light fixtures that elevate the space. The functional floor plan offers a spacious kitchen with an island & breakfast bar, a versatile den or second bedroom/home office, generous & optimized storage spaces, and a large private balcony with open city views. The building itself is renowned for exceptional management and amenities including 24-hourconcierge, rooftop terrace with BBQs, gym, yoga room, sauna, theatre, games and party rooms, guest suites, visitor parking, and EV charging stations. Perfectly situated at Sherbourne and Wellesley, you're just steps to two subway lines, Bloor Street, Yorkville, U of T, groceries, cafes, Church Street, Rosedale, Cabbagetown, and nearby parks - making this an ideal home for both convenience and lifestyle. A rare opportunity to own in a sought-after, well-managed building in the heart of the city!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$587
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,755
mls© NumberC14123710
Listed ByREMAX YOUR COMMUNITY REALTY
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,019
Property tax
$230
Heat allowance
$150
Condo fees, half counted
$294
Housing costs
$3,692 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,980
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,482 / mo
Cash down
$117,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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