Condo for sale at 550 121 Lower Sherbourne Street, Toronto, Ontario, M5A 4J4 - Waterfront Communities C8 - MLS: C12934488

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550 121 Lower Sherbourne Street

Toronto, Ontario, M5A 4J4 - Waterfront Communities C8

$799,000

Virtual Tour

Neighbourhood

Waterfront Communities C8
Major Intersection

esplanade and Lower Sherbourne

Listed Since: 23 day(s)
Last update: 1 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

700-799
Exposure

South East
Total Parking

1 Detached Garage
Maintenance

$699
Taxes

$3,815.00 (2025)
Balcony

Open

Property Description

Property description for 550 121 Lower Sherbourne Street, Toronto

Experience the best of downtown living in this stunning 2-bed, 2-bath corner suite! Nestled between the historic St. Lawrence Market and the Distillery District, this bright and airy home features floor-to-ceiling windows, modern finishes, and a spacious open-concept layout. Enjoy premium building amenities and the convenience of being steps from transit, top-tier dining, and the waterfront. Your urban oasis awaits

Listed by HOMELIFE LANDMARK REALTY INC.

Property details

MLS #

C12934488
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

0-5
Basement

None
View

n/a
Garage

Detached, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking, Water
Property Management

icon property
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 #

C12934488
Sq. Ft

700-799
Sq. Ft. Source

MLS
Year Built

0-5
Basement

None
View

n/a
Garage

Detached, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking, Water
Property Management

icon property
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

Contact Manoj Kukreja

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

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C8

Active listings

202

Average Selling Price of a Condo Apt

March 2026

$631,478

Last 3 Months

$778,217

Last 12 Months

$783,896

March 2025

$821,384

Last 3 Months LY

$762,739

Last 12 Months LY

$778,668

Change

-23%

Change

Historical Average Selling Price of a Condo Apt in Waterfront Communities C8

Average Selling Price

3 years ago

$929,376

Average Selling Price

5 years ago

$806,475

Average Selling Price

10 years ago

$424,437

Change

-32%

Change

-22%

Change

49%

Number of Condo Apt Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

10%

Change

18%

Change

-3%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-29%

Change

16%

Change

16%

Average Selling price

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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.