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704 - 500 Sherbourne Street
For RentThe 500 Sherbourne CondosEst Lease Timeframe 33 Days
$3,250/mth
2 Beds
2 Bath
0 Parking
818 SQFT
17 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
South East
Locker:
None
Possession Date:
June 1, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Water
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Combined with Dining, Balcony, Large Window
12.66 x 9.15ft
Dining
Combined with Living, Hardwood Floor, Open Concept
12.66 x 9.15ft
Kitchen
Granite Counter, Stainless Steel Appliances, Ceramic Floor
12.66 x 9.15ft
About this Listing
Luxury living at 'The 500 Sherbourne in the Core of Downtown Toronto. Southeast Corner Unit. Practical Two Bedrooms plus Den and Balcony with spectacular Lake views. Steps to Community Centre, Library & Grocery Store. Walk to Yorkville, Rosedale, U Of T, Ryerson, Parks & Subway. Minutes To DVP.9' Ceiling. Beautiful Hardwood Floor Thru-Out, Granite Countertops,24 hours Concierge, Party Room, Sauna, Billiard, Guest Suites, Rooftop, Lounge with BBQ & Great Access to Public Transit. *Bonus: High Speed Internet included*.
re/max realtron realty inc.MLS® #C8295002
Amenities
Gym Room
Indoor Parking
Guest Suites
BBQ
Media Room
Sauna
Nearby Amenities
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.
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
Household Income
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
Building Trends At The 500 Sherbourne Condos
Days on Strata
Units at The 500 Sherbourne Condos spend an average of
22
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 an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6.5
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 11 condos in the St. James Town area
Sold Units
8
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 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
?
Transaction Insights at 500 Sherbourne Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $910,000 | $651,000 | $747,000 - $885,000 | $700,000 - $760,000 | No Data | No Data |
Avg. Cost Per Sqft | $985 | $1,001 | $960 | $881 | No Data | No Data |
Price Range | $1,500 - $2,100 | $2,350 - $3,350 | $2,950 - $4,650 | $4,400 | No Data | No Data |
Avg. Wait for Unit Availability | 178 Days | 30 Days | 48 Days | 235 Days | 2454 Days | 1667 Days |
Avg. Wait for Unit Availability | 157 Days | 27 Days | 37 Days | No Data | No Data | No Data |
Ratio of Units in Building | 10% | 53% | 33% | 6% | 2% | 1% |
Maintenance Fees
The 500 Sherbourne Condos vs The St. James Town Area