Condo for sale at 507-500 Sherbourne Street, Toronto, Ontario, M4X 1L1 - Cabbagetown-South St. James Town - MLS: C12660326

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507-500 Sherbourne Street

Toronto, Ontario, M4X 1L1 - Cabbagetown-South St. James Town

$599,999

Neighbourhood

Cabbagetown-South St. James Town
Major Intersection

Wellesley & Sherbourne

Listed Since: 24 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South
Total Parking

n/a
Maintenance

$506
Taxes

$2,503.57 (2025)
Balcony

Open

Property Description

Property description for 507-500 Sherbourne Street, Toronto

Welcome to urban living at its finest in the coveted 500 Sherbourne. Renovated in 2022, this upscale and stunning suite features a full-size kitchen with a sleek stone waterfall countertop, matching backsplash, breakfast bar, and newer stainless steel appliances. The modern design continues with new laminate flooring and upgraded light fixtures throughout.Soaring 9-foot ceilings and an open-concept layout create a seamless flow between the living, dining, and kitchen areas. The versatile den with sliding glass doors can easily function as a second bedroom. Enjoy maximum storage with custom closet organizers.Step out onto the oversized 20-foot balcony with two walk-outs, overlooking the beautifully landscaped urban garden below. Residents enjoy state-of-the-art amenities including a stylish party room with access to a large rooftop terrace featuring BBQs, lounge seating, and city views, plus 24-hour concierge, gym, guest suites, and ample visitor parking.Ideally located in the heart of downtown with TTC, shopping, dining, and Bloor Street just steps away.

Listed by THE AGENCY

Property details

MLS #

C12660326
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

Park/Greenbelt
Garage

Underground
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Concierge,Guest Suites,Rooftop Deck/Garden,Visitor Parking,Party/Meeting Room,Gym
Maintenance Fee Includes

Water
Property Management

Principle Property Management 416-928-9111
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12660326
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

Park/Greenbelt
Garage

Underground
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

Concierge,Guest Suites,Rooftop Deck/Garden,Visitor Parking,Party/Meeting Room,Gym
Maintenance Fee Includes

Water
Property Management

Principle Property Management 416-928-9111
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

4.2 x 3.35 ft Main level

Laminate, Open Concept, W/O To Balcony
Dining

4.2 x 3.35 ft Main level

Laminate, Open Concept, Combined W/Living
Kitchen

2.74 x 2.13 ft Main level

Tile Floor, Renovated, Breakfast Bar
Br

3.35 x 2.43 ft Main level

Laminate, W/O To Balcony, Double Closet
Den

2.43 x 1.82 ft Main level

Laminate, Closet Organizers, Sliding Doors
Other

6.09 x 1.6 ft Main level

South View, O/Looks Park

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 507-500 Sherbourne Street, Toronto

This property has been sold 7 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Cabbagetown-South St. James Town

Active listings

Average Selling Price of a Condo Apt

December 2025

$560,800

Last 3 Months

$589,558

Last 12 Months

$582,319

December 2024

$577,000

Last 3 Months LY

$679,675

Last 12 Months LY

$644,033

Change

-3%

Change

-13%

Change

-10%

Historical Average Selling Price of a Condo Apt in Cabbagetown-South St. James Town

Average Selling Price

3 years ago

$949,950

Average Selling Price

5 years ago

$622,843

Average Selling Price

10 years ago

$443,500

Change

-41%

Change

-10%

Change

26%

How many days Condo Apt takes to sell (DOM)

December 2025

Last 3 Months

Last 12 Months

December 2024

Last 3 Months LY

Last 12 Months LY

Change

42%

Change

-11%

Change

Average Selling price

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Closing Cost Calculator

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Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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