500 Sherbourne St 1301
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$569,000
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BEDROOMS1
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Property Description
Offering This Attractive, Freshly Painted & Light Filled 1 Bedroom + Den Suite w 9 Ft Ceilings & A Balcony With Fabulous North Exposure Views! The Primary Bedroom Can Accommodate A King Size Bed & Has A Double Closet. The Den Is Presently Used As A Home Office But Can Be Transformed Into A 2nd Bedroom Or Separate Dining Area. The Open Concept Living/Dining & Kitchen Allows You To Be Present While Preparing & Entertaining Family And Friends. This Impeccably Clean & Well Maintained Building Provides An Impressive Sleek & Modern Design Throughout It's Numerous Amenities'. This Condo Has A Walk Score Of 97, (It's About 8 Min Walk To Bloor/Sherbourne TTC Station, 13 Min Walk To Wellesley Station, 5 Min Walk To Cabbagetown & The Village). It's Close To The DVP, Gardiner Expressway, DVP Trail, Rosedale Ravine Lands, Restaurants, Bars & Shopping!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-01-31 | 2021-02-08 | 10 | $579,000 | $588,800 | Sold |
| 2020-11-07 | 2021-01-29 | 84 | $1,800 | - | Expired |
| 2020-11-09 | 2021-01-26 | 79 | $579,900 | - | Expired |
| 2020-09-13 | 2020-11-06 | 54 | $599,900 | - | Terminated |
| 2019-06-17 | 2019-08-16 | 60 | $2,350 | $2,350 | Leased |
Extras
24/7 Concierge/Security, Gym, Yoga Rm, Rooftop Terrace w 2 BBQ's, Party/Meeting Rm, Theatre Rm, Sauna/Changeroom, Games/Billiard Rm, Business Centre, 2 Guest Suites, EV Charging Station. Walk Score of 97! 8 Min Walk To TTC Station.
Nearby Intersections
Bloor & Jarvis (103)
Property Features
Electric Car Charger, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,353 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.15' x 14.60' | Open Concept, W/O To Balcony, Combined W/Dining |
| Dining | Main | 11.15' x 14.60' | Laminate, Open Concept, Combined W/Living |
| Kitchen | Main | 7.32' x 9.45' | Granite Counter, Stainless Steel Appl, O/Looks Living |
| Prim Bdrm | Main | 9.12' x 11.65' | Laminate, Double Closet, North View |
| Den | Main | 9.38' x 6.89' | Laminate, Closet Organizers |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 1301 is a 1-bedroom 1-bathroom condo listed for sale at $569,000, which is $2,693 (0.5%) lower than the average sold price of $571,693 in the last 30 days (October 25 - November 23). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,182 (0.6%) compared to the previous 30 day period (September 25 - October 24) and down $20,558 (3.5%) from the same time one year ago.Inventory Change
There were 1,267 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 25 - November 23), which is down 1.7% compared with the previous 30 day period (September 25 - October 24) and up 1.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,568) (1.7%) below asking price over the last 30 days (October 25 - November 23), which represents a $3,198 increase compared to the previous 30 day period (September 25 - October 24) and ($14,273) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 25 - November 23) stood at 43.8%, down from 44.8% over the previous 30 days (September 25 - October 24) and up from 35.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (October 25 - November 23), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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