500 Sherbourne St 2604
North St. James Town, Downtown Toronto, M4X 1L1
FOR SALE
$649,000
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BEDROOMS1
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Property Description
Welcome to The 500 Sherbourne Street Condo, your stylish retreat in the lively St. James Town neighborhood of Toronto! This delightful 1-bedroom + den suite offers 650 sq ft of modern, sunlit living space with chic finishes and breathtaking views of downtown Toronto and the CN Tower. Enjoy the sleek laminate flooring, convenient in-suite laundry, and a spacious open balcony perfect for unwinding while taking in the iconic cityscape. The generously-sized bedroom features a large window and ample closet space, while the versatile den can easily double as a second bedroom or a productive home office. The open-concept living and dining area is ideal for relaxing or hosting friends, and the kitchen is a chef's dream with stainless steel appliances, a center island, quartz countertops, and a trendy backsplash. Building amenities include a gym, rooftop terrace, theater room, party room, meeting room, EV charging stations, visitor parking, and 24-hour concierge service. Plus, the suite comes with a locker for extra storage. **EXTRAS** This condo offers unbeatable convenience: just minutes walk to Bloor & Sherbourne TTC, and close to grocery stores, shopping, restaurants, cafes, parks, and banks. Easy access to DVP, Gardiner Expy, Rosedale Lands, & Don Valley park trails.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-14 | 2024-12-14 | 30 | $649,000 | - | Terminated |
| 2024-10-15 | 2024-11-14 | 30 | $669,000 | - | Terminated |
| 2024-09-13 | 2024-10-15 | 32 | $669,000 | - | Terminated |
Nearby Intersections
Bloor & Jarvis (61)
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,418 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.60' x 11.09' | W/O To Balcony, Combined W/Dining, Laminate |
| Dining | Flat | 10.24' x 11.09' | Combined W/Kitchen, Combined W/Living, Laminate |
| Kitchen | Flat | 11.48' x 10.20' | Stainless Steel Appl, Centre Island, Laminate |
| Br | Flat | 9.09' x 12.01' | Large Window, Large Closet, Laminate |
| Den | Flat | 7.19' x 6.56' | Separate Rm, Laminate |
| Foyer | Flat | 5.31' x 4.99' | Ceramic Floor, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 2604 is a 1-bedroom 1-bathroom condo listed for sale at $649,000, which is $91,890 (16.5%) 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 Right At Home Realty
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