500 Sherbourne St 220
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$995,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC9379802
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Property Description
The luxurious 500 lofts. Spectacular two story loft close to all amenities. Souring ceilings with lots of natural sunlight. Open Concept over two floors. Lots of open space for entertaining. Ensuite laundry, large main bedroom with full ensuite bathroom. Building amenities include concierge, roof top terrace, gym, theatre room, party room, meeting room, visitor parking, EV Charging and more. Steps to Bloor Subway, shopping.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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 |
Extras
5 Stainless steel appliances, washer/dryer, Integrated fridge and dishwasher.
Nearby Intersections
Bloor & Jarvis (108)
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Property Details
Street
Community
City
Property Type
Condo Apt, 3-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,791 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.39' x 19.26' | Laminate, Combined W/Dining |
| Dining | Main | 17.39' x 19.26' | |
| Kitchen | Main | 8.04' x 9.45' | Granite Counter |
| Prim Bdrm | 2nd | 11.09' x 13.12' | 5 Pc Ensuite, W/I Closet |
| Laundry | 2nd | 3.84' x 6.56' |
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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 $995,000, which is $419,925 (73.0%) higher than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.Inventory Change
There were 1,789 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 (September 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Premier Inc.
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