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    Toronto / Downtown / St. James Town

    907 - 500 Sherbourne St

    For SaleThe 500 Sherbourne Condos
    $609,000
    1 Bed + 1
    1 Bath
    1 Parking
    600 SQFT
    60 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $519/mth
    Taxes:
    $2,618 (2024)
    Cost Per Sqft:
    $1,015/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept, Walkout To Balcony
    11.25 x 9.91ft
    Dining
    Laminate, Combined with Living
    10.34 x 13.91ft
    Kitchen
    Ceramic Floor, Granite Counter, Stainless Steel Appliances
    11.29 x 9.12ft

    About this Listing

    Discover urban elegance at The 500, a beautifully maintained building in the heart of the city, boasting stunning architectural features and exceptional amenities. This vibrant social community offers a small-town feel with numerous planned events. The spacious 1+1 bedroom condo features 9 ft ceilings, a bright SE exposure, freshly painted interior. The versatile den is perfect as a bedroom or a work-from-home space. Enjoy the convenience of 24/7 concierge/security. Located between Bloor Street, Cabbagetown, and Church/Wellesley, this condo has a Walk Score of 97 and is an 8-minute walk to the subway & great shopping. It's also within walking distance of U of T, Ryerson (Metropolitan University), top shopping, dining, and entertainment. Building amenities include a fitness centre, rooftop deck with panoramic views, fire-lit social lounge, EV charging stations, visitor parking, concierge, and more. Enjoy easy access to DVP, Gardiner Expressway, and Rosedale Ravine Lands. Live in luxury and convenience at The 500!

    Extras** 1 Parking spot ** included with this unit - a rare offering in this downtown location

    royal lepage signature susan gucci realtyMLS® #C9365577

    Amenities

    Gym Room
    Sauna
    Games Room
    Party Room
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    The 500 Sherbourne Condos vs The St. James Town Area

    Building Trends At The 500 Sherbourne Condos

    Days on Strata

    Units at The 500 Sherbourne Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    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

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the St. James Town area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    The 500 Sherbourne Condos offers the
    ?
    best value out of 9 condos in the St. James Town neighbourhood

    Appreciation Rank

    The 500 Sherbourne Condos has the
    ?
    highest ROI out of 9 condos in the St. James Town neighbourhood

    Rental Yield

    The 500 Sherbourne Condos yields the
    ?
    highest rent prices out of 9 condos in the St. James Town neighbourhood

    High Demand

    The 500 Sherbourne Condos is the
    ?
    most popular building out of 9 condos in the St. James Town neighbourhood

    Transaction Insights at 500 Sherbourne Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$910,000$545,000 - $632,000$700,000 - $1,190,000$755,000 - $760,000No DataNo Data
    Avg. Cost Per Sqft$985$954$933$894No DataNo Data
    Avg. Wait for Unit Availability225 Days33 Days46 Days266 DaysNo Data1667 Days
    Ratio of Units in Building8%54%33%5%2%1%

    Transactions vs Inventory

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