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Unit 2003 at The 500

Sold

500 Sherbourne Street 2003, Toronto C08, ON M4X 1L1

MLS #C8107652

$760,000

Sold on April 4, 2024

April 4, 2024

Originally listed at $750,000 7 days on market

About This Property

Unique investment opportunity in an upscale loft building featuring a gym, rooftop deck with BBQ, visitor parking, & top-tier concierge services. Enjoy the daily sunrise from this renovated, spacious 2+den bedroom corner suite in downtown Toronto. Accommodates up to 6 family members, with separated dining/kitchen areas & an ultra-wide balcony for entertaining 4 guests. Walk Score of 97, access 2 TTC subway lines via Yonge-Bloor. Explore nearby green spaces, trails, a dog park, schools, grocery stores, restaurants, & easy DVP highway access. Remodeled bathroom with Toto Ultramax washlet, open-concept layout with XpertPro flooring, high ceilings, large windows with custom blinds, & a well-lit kitchen, island with Caesarstone countertops. Extra-large den serves as an office or guest bedroom, with an option to add a sliding door for privacy. Parking available for rent at $150+/month. Don't miss this chance to invest in modern luxury & practical convenience in downtown Toronto.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($652/mo) and property tax ($2,885/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$882/sqft
North St. James Town
$907/sqft-2.8%
Toronto C08
$884/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 850 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

800-899 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2123
MLS Size800-899
Listed OnFeb 29, 2024
Maintenance Fees$652/month
Property Tax$2,885/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)3.2 x 3.1910.5 x 10.5-
Kitchen(Flat)3.2 x 3.1910.5 x 10.5-
Living Room(Flat)3.91 x 2.8912.8 x 9.5-
Living Room(Flat)3.91 x 2.8912.8 x 9.5-
Den(Flat)3.17 x 2.2810.4 x 7.5-
Den(Flat)3.17 x 2.2810.4 x 7.5-
Primary Bedroom(Flat)3.3 x 3.2610.8 x 10.7-
Primary Bedroom(Flat)3.3 x 3.2610.8 x 10.7-
Bedroom 2(Flat)3.22 x 3.1610.6 x 10.4-
Bedroom 2(Flat)3.22 x 3.1610.6 x 10.4-
Bathroom(Flat)3.26 x 1.5210.7 x 5.0-
Bathroom(Flat)3.26 x 1.5210.7 x 5.0-
Bathroom(Flat)1.86 x 1.756.1 x 5.7-
Bathroom(Flat)1.86 x 1.756.1 x 5.7-

Room Dimensions Available

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Price History

Original List Price

$750,000

Listed on Feb 29, 2024

Sold Price

$760,000

Sold on Apr 4, 2024

+$10,000

1.3%

7 days on market

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameThe 500
Address500 Sherbourne Street, Toronto C08
Parking TypeUnderground

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About Unit 2003 at The 500

Unit 2003 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 800-899 square feet located at The 500, 500 Sherbourne Street, Toronto C08. This unit is currently sold (sold for $760K).

About The 500

The 500 is located at 500 Sherbourne Street, Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

North St. James Town Neighbourhood

This unit is located in North St. James Town, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at The 500, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 2003 The 500 Toronto C08

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