500 Sherbourne St 1611
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$678,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Welcome to the 500 by Times Group Corporation located in a popular St. James Town neighborhood in Toronto. This newly renovated & freshly painted large 1 bedroom + den suite offers 667 sq ft of living space, abundance of natural light, upscale finishes, new laminate flooring throughout, ensuite laundry and an open concept balcony. The spacious bedroom features a large window and a sizeable closet space while the den can be used as a 2nd bedroom or as an office space. Den has sliding doors and is a separate room. The inviting open-concept living and dining area is a perfect space to spend it with your family and friends. Enjoy the kitchen space that's equipped with contemporary stainless steel appliances, a center island, quartz countertops, and new stylish backsplash. Building amenities include a gym, billiards room, rooftop terrace, theater room, party and meeting room, EV charging stations, visitor parking, concierge & more. The suite comes with 1 underground parking space.
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Extras
The 500 condo is conveniently located near the Bloor & Sherbourne TTC subway station (8 minute walk), grocery & shopping, restaurants, cafes, parks, banks. Close to DVP, Gardiner Expy, Rosedale Ravine Lands & Don Valley park trails.
Nearby Intersections
Bloor & Jarvis (100)
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,365 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.33' x 12.63' | W/O To Balcony, Combined W/Dining, Laminate |
| Dining | Flat | 10.33' x 12.63' | Combined W/Kitchen, Combined W/Living, Laminate |
| Kitchen | Flat | 10.50' x 11.48' | Stainless Steel Appl, Centre Island, Laminate |
| Br | Flat | 10.01' x 12.24' | Large Window, Large Closet, Laminate |
| Den | Flat | 7.25' x 8.60' | Sliding Doors, Closet, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 1611 is a 1-bedroom 1-bathroom condo listed for sale at $678,000, which is $75,113 (12.5%) higher than the average sold price of $602,887 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $675 (0.1%) compared to the previous 30 day period (March 5 - April 3) and down $25,858 (4.1%) from the same time one year ago.Inventory Change
There were 1,869 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 4 - May 3), which is up 32.6% compared with the previous 30 day period (March 5 - April 3) and up 72.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,230) (1.5%) below asking price over the last 30 days (April 4 - May 3), which represents a $464 increase compared to the previous 30 day period (March 5 - April 3) and ($2,260) less 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 (April 4 - May 3) stood at 35.5%, down from 48.4% over the previous 30 days (March 5 - April 3) and down from 76.2% 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 26 days when successfully sold over the last 30 days (April 4 - May 3), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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