500 Sherbourne St 1811

FOR SALE
$655,000
500 Sherbourne St 1811, Downtown Toronto
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
500 Sherbourne St 1811
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C12019698
MLSID
Contact Us
Property Description
(Open House every Sat/Sun 2pm-4pm by appointment).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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-09 2024-12-31 144 $665,000 - Expired
2024-05-05 2024-08-09 96 $668,000 - Terminated
2024-04-05 2024-05-05 30 $648,000 - Terminated
Nearby Intersections
Property Features
Clear View
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,811 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.33' x 12.63'W/O To Balcony, Combined W/Dining, Laminate
DiningFlat10.33' x 12.63'Combined W/Kitchen, Combined W/Living, Laminate
KitchenFlat10.50' x 11.48'Stainless Steel Appl, Centre Island, Laminate
BrFlat10.01' x 12.24'Large Window, Large Closet, Laminate
DenFlat7.25' x 8.60'Sliding Doors, Closet, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 1811 is a 1-bedroom 1-bathroom condo listed for sale at $655,000, which is $97,890 (17.6%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Metropolis Realty
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