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    3006 - 500 Sherbourne St

    $1,250,0002 bds2 ba1 pk1,200 - 1,399 sqft
    32 Days on Strata
    Est Sell Timeframe:
    10 Days
    $1,250,000
    2 Beds
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,199/mth

    Taxes:

    $5,436 (2024)

    Cost Per Sqft:

    $893 - $1,042/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South West

    Possession Date:

    90 days

    Laundry:

    Main

    Amenities

    Visitor Parking
    Party Room
    Concierge
    Rooftop Deck
    Indoor Parking
    Sauna
    Bike Storage
    Guest Suites
    Games Room
    BBQs Allowed
    Gym
    Media Room

    About this Listing

    Welcome to 500 Condos & Lofts. One of the most sought after luxury buildings in the area complete with guest suites and 2 EV indoor charging stations. Asking only $938.00 per sq. ft. and a maintenance fee of only $0.83 per sq. ft. This unit is 1335 sq. ft. plus 2 separate balconies one south facing one west facing each 108 Square feet for a total of 1535 square feet of luxury living space. By far the most desired unit of all units in this building. South & west full unobstructed corner exposure. Two-full bedrooms, two full baths, parking, locker and a full size washer & dryer. The master bedroom has a full ensuite bath, with twin sinks, walk-in closet and walk-out to the separate south balcony. The second bedroom has a large double Custom closet/armoire and also a walk out to the south balcony. Storage space has been maximized with the use of many custom built-ins including pantry with built in wine fridge, closet organizers, and a gorgeous built-in living room wall unit. Capture the sun with direct unobstructed south & west corner city and lake views through the 10-foot-high floor to ceiling windows. Or lounge on the west facing balcony and enjoy the sparkle of the skyline & the beautiful sunsets. Updated modern concept with a fresh modern neutral colour palette & attention to detail; making this place move in ready. Check out the attached video for more pictures of the unit, building and amenities. Building provides 2 EV charging bays within the underground parking for residence only. **********LOCATION: Enjoy the finest in shopping, dining & entertainment. Only a 5-minute drive to the north or south DVP, 5-minute walk to the subway, Cabbagetown, & The Village. The best managed building in the area & 5-star concierge.

    ExtrasUpdated stainless steel appliances, B/I microwave, dishwasher, fridge, custom built-in pantry and custom armoire. Full sized washer/dryer, built in wine fridge, upgraded lighting, window treatments.

    real estate homewardMLS® #C12009100

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Foyer

    Double Closet, Mirrored Closet, Tile Floor

    4.99 x 4.66ft

    Living

    Built-in Bookcase, Windows Floor to Ceiling, Sw View

    18.93 x 16.44ft

    Dining

    West View, Windows Floor to Ceiling, Walkout To Balcony

    15.32 x 7.84ft

    Kitchen

    Picture Window, West View, Tile Floor

    10.34 x 9.42ft

    Other

    Balcony, Combined with Kitchen, West View

    20.08 x 5.35ft

    Primary

    5 Piece Bath, Walk-in Closet, South View

    19.33 x 14.93ft

    Bathroom

    5 Piece Ensuite, Marble Counter, Tile Floor

    11.32 x 5.41ft

    Other

    Balcony, Combined with Br, South View

    20.24 x 5.35ft

    2nd Bedroom

    Windows Floor to Ceiling, Walkout To Balcony, South View

    15.49 x 11.09ft

    Bathroom

    3 Piece Bath, Separate Shower, Tile Floor

    10.34 x 5.41ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore St. James Town


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    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,499
    Average Individual Income
    $59,023
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $99,412
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    20%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    31%
    Semi Detached
    24%
    Detached
    23%
    Low Rise Apartment
    16%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Other
    15%
    Mandarin
    10%
    Cantonese
    7%
    Tagalog
    4%
    Spanish
    2%
    Arabic
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    26%
    None
    17%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%


    Days on Strata

    Units at The 500 Sherbourne Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. James Town

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 11 condos in the St. James Town area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    The 500 Sherbourne Condos offers the
    ?
    best value out of 11 condos in the St. James Town neighbourhood

    Appreciation Rank

    The 500 Sherbourne Condos has the
    ?
    highest ROI out of 11 condos in the St. James Town neighbourhood

    Rental Yield

    The 500 Sherbourne Condos yields the
    ?
    highest rent prices out of 11 condos in the St. James Town neighbourhood

    High Demand

    The 500 Sherbourne Condos is the
    ?
    most popular building out of 11 condos in the St. James Town neighbourhood

    Market Insights

    Transaction Insights at The 500 Sherbourne Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$910,000$499,500 - $790,000$765,000 - $1,190,000$755,000No DataNo Data
    Avg. Cost Per Sqft$985$930$957$883No DataNo Data
    Avg. Wait for Unit Availability232 Days34 Days48 Days233 DaysNo Data1667 Days
    Ratio of Units in Building10%52%32%6%2%1%

    Market Inventory

    Total number of units listed and sold in St. James Town


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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