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The 500 Condos in Toronto C08

500 Sherbourne Street, Toronto C08

Total Units

3

For Sale

1

For Rent

31

Sold

59

Leased

$1.7M

Avg Price

37

Days (Sale)

21

Days (Lease)

OQ

OVAIS QASSIM

Questions about The 500?

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 2,749 SQFT
Property Management:
Principle Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$1.1M

Lowest Sale (12mo)

$495K

Median Maintenance

$721/mo

Year Built

The 500 Market

Updated Aug 22, 2026
Condos
Median sale price
$550K
Median PSF (est.)▼ 11.8%
$798/sqft
Sold last 90 days
6
Active listings
3
Months of inventory
1.0
Avg days on market
53
Sale-to-list ratio
96.84%
Absorption rate
100.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 57.14% · End-user: 42.86% (from 6 sales, 8 leases)
Price reductions (90d)
Price-reduction rate: 66.67%
Avg reduction: $25,300 (4.29%)
Monthly reduction trend
2024-09: 0.0% (3 listings)
2025-09: 33.3% (3 listings) · avg $9,100
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $798 — -2.46% vs community avg ($819)[discount]
Supply vs demand by unit type (90d)
Sample: 3 active listings · 6 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 1 active / 6 sold · mismatch -66.67%
3br: 2 active / 0 sold · mismatch +66.67%
Concession pattern by unit type (90d)
2br (22 sales) — 90.91% closed with concessions, avg 4.08% below ask
3br (3 sales) — 33.33% closed with concessions, avg 0.66% below ask
Seasonality (annual pattern)
Historically strongest months: Apr, Nov, Mar
Historically weakest months: Jan, Jun, Aug
Annual averages: DOM 39.5d · sale-to-list 96.84% (n=25)
Monthly detail
Jan · 1 sales · DOM 49.0d · STL 96.09%
Feb · 1 sales · DOM 39.0d · STL 95.77%
Mar · 1 sales · DOM 23.0d · STL 94.53%
Apr · 2 sales · DOM 16.0d · STL 99.30%
Jun · 4 sales · DOM 49.0d · STL 94.18%
Jul · 2 sales · DOM 40.0d · STL 93.30%
Aug · 4 sales · DOM 54.8d · STL 95.79%
Sep · 6 sales · DOM 42.0d · STL 99.25%
Oct · 1 sales · DOM 43.0d · STL 99.27%
Nov · 2 sales · DOM 16.0d · STL 97.28%
Dec · 1 sales · DOM 23.0d · STL 100.13%

Market Intelligence

Price per sqft analysis and trends

The 500

Sale PSF

N/A

Lease PSF

N/A

North St. James Town

Sale PSF

$907/sqft

5 sales

Lease PSF

$3.59/sqft/mo

2 leases

Toronto C08

Sale PSF

$884/sqft

93 sales

Lease PSF

$3.92/sqft/mo

29 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
The 500This Building
——/mo——
North St. James Town
9073.59/mo52
Toronto C08
8843.92/mo9329
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$136.55/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsHeatNoneParkingWater

Building Reviews

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About The 500 Condos

The 500 is a premier condominium located at 500 Sherbourne Street, Toronto C08. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 94 units available at The 500, with prices averaging around $1744K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

The 500 stands out in Toronto C08's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

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 and market analysis.

Explore more real estate in the wider area: North St. James Town, Toronto C08 and the Toronto area.

Units for Sale at The 500

Units for Lease at The 500

Keywords: The 500 Toronto C08 Real Estate

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