500 Sherbourne St 1811
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$655,000
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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.
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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
Bloor & Jarvis (61)
Property Features
Clear View
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Property Details
Street
Community
City
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
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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 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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