500 Sherbourne St 2302

FOR SALE
$3,280,000
500 Sherbourne St 2302, Downtown Toronto
500 Sherbourne St 2302
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
10
ROOMS
C12007354
MLSID
Contact Us
Property Description
Highly Sought-After Times Group Residence! A rare opportunity to own a spacious and luxurious 3-bedroom condo in one of the most desirable buildings by Times Group .This 2,584 SQFT unit is designed for comfort and elegance, featuring an expansive 1,380 SQFT private terrace. perfect for entertaining, gardening, or simply enjoying the outdoors. Key Features: 3 Spacious Bedrooms Bright and airy with large windows Modern Open-Concept Layout Seamless flow between living, dining, and kitchen Gourmet Kitchen. High-end appliances, quartz countertops, and ample storage Elegant Finishes. Throughout Hardwood floors, high ceilings, and premium fixtures. Exclusive 1,380 SQFT Terrace A rare find offering exceptional outdoor space. Ideal for Downsizing. A perfect blend of space, convenience, and low-maintenance living. Building & Amenities: Prestigious Times Group Building Known for quality craftsmanship and modern design. Amenities & concierge. Includes dedicated 2 parking stalls and one locker space Prime Location Close to shopping, fine dining, parks, and top-rated schools. This is a rare opportunity to own a luxury unit with exceptional space, offering the perfect balance of elegance and convenience. Contact us today for a private viewing!
Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School, Terraced
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
2500-2749
Taxes
$10,150 (2024)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P1-71)
Parking 2
Owned (P1-71)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BathroomGround7.51' x 15.16'Double Sink, Bidet, Separate Shower
OtherGround9.09' x 10.66'W/I Closet, Mirrored Closet, W/O To Terrace
2nd BrGround9.25' x 10.27'Hardwood Floor, Double Closet, Large Window
BathroomGround4.82' x 8.50'3 Pc Bath, Porcelain Floor, Granite Counter
LaundryGround4.59' x 5.68'Porcelain Floor, Enclosed, B/I Shelves
FoyerGround8.66' x 8.66'Porcelain Floor, Double Closet, Crown Moulding
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 2302 is a 3-bedroom 3-bathroom condo listed for sale at $3,280,000, which is $2,077,467 (172.8%) higher than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.
Inventory Change
There were 216 3-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) 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 3-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Good Living Real Estate Investment Centre
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