500 Sherbourne St 220
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$824,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Discover urban living at its finest in this stylish 1-bedroom, 2-bathroom loft in the heart of Toronto. With soaring ceilings and abundant natural light, this modern space offers a seamless blend of comfort and sophistication. Enjoy the convenience of a parking spot and bike locker, perfect for your storage needs. Located in a vibrant neighbourhood, you're just steps away from dining, shopping, and transit. A rare opportunity to live in a bright and airy loft don't miss it!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-03 | 2024-11-29 | 57 | $839,000 | - | Terminated |
| 2021-06-14 | 2021-06-23 | 9 | $749,000 | $882,000 | Sold |
| 2021-06-14 | 2021-06-23 | 9 | $749,000 | $870,000 | Sold |
| 2021-05-17 | 2021-06-11 | 25 | $899,999 | - | Terminated |
| 2021-04-27 | 2021-05-17 | 20 | $889,000 | - | Terminated |
| 2021-04-19 | 2021-04-26 | 7 | $749,000 | - | Terminated |
Nearby Intersections
Bloor & Jarvis (88)
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
900-999
Taxes
$3,791 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.04' x 9.45' | Stainless Steel Appl, Backsplash, Combined W/Living |
| Living | Main | 17.39' x 19.26' | Open Concept, W/O To Balcony, Combined W/Kitchen |
| Prim Bdrm | Main | 13.19' x 19.23' | W/I Closet, Combined W/Laundry, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 220 is a 1-bedroom 2-bathroom condo listed for sale at $824,900, which is $262,037 (46.6%) higher than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Rare Real Estate
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