Unit 2506, 500 Sherbourne Street
Toronto (Cabbagetown-South St. James Town), ON M4X 1L1
The 500 Sherbourne Condos34 storeys, 363 suites, built 2010- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1200–1399Sq Ft
- $5,540Tax
- $1,231/moCondo Fee
Estimated Value:$935,995See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 2506, 500 Sherbourne Street, Toronto, Cabbagetown-South St. James Town
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-06-11 | 2026-08-18 | Login to See Prices | Terminated | c13429788 |
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About Unit 2506, 500 Sherbourne Street, Toronto, Cabbagetown-South St. James Town
Summarized Description
- 1,360 sq ft corner suite with stunning views
- Upgraded with Brazilian hardwood flooring
- Custom granite countertops and oversized balconies
- Located near amenities and subway stations
- Move-in ready and fully furnished option available
- Generously sized living spaces with 9-foot ceilings
- On-site amenities include outdoor patio and gym
Welcome to The 500. This exceptional 1,360 sq ft corner suite offers breathtaking panoramic views of the lake and city skyline, complemented by soaring 9-foot ceilings and generously sized living spaces. Enjoy two oversized balconies, perfect for entertaining or relaxing outdoors. The unit features numerous upgrades, including Brazilian hardwood flooring throughout, custom granite countertops with island, and updated door casings, doors, and baseboards. Ideally located just steps from Maison Selby, supermarkets, and within minutes' walk to two subway stations, Cabbagetown, Church-Wellesley Village, and Yorkville. On-site amenities include outdoor patio with bbqs, gym, yoga room, sauna, lobby lounge, rec room, offices and meeting room. car share services and EV charging stations. Suite 2506 has been rented for $5,000/month on a fully furnished basis. This unit is available for sale fully finished and move-in ready, at the buyer's request.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,540
- Land Transfer Tax Fee
- $35,950
Condo/Maintenance Fee
- Maintenance Fee
- $1,231 /month
Included In Maintenance Fee
- CAC Included
- Common Elements Included
- Heat Included
- Building Insurance Included
- Parking Included
- Water Included
Rental Items
- Rental Equipment
- Suite 2506 has been rented for $5,000/month on a fully furnished basis. This unit is available for sale fully finished and move-in ready, at the buyer's request.
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Concierge
- Guest Suites
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 2123
Construction
- Exposure
- South West
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, Stove, Microwave, Dishwasher, Washer and Dryer, Existing light Fixtures, Balcony Decking & Bedroom Electric Fireplace. Parking (Near Elevator) & Locker On P1 Level.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Unit
- 130
- Locker Number
- 130
- Locker Level
- A
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room4.85 x 4.61Main level, Combined w/Dining, Hardwood Floor, Large Window
- Dining Room4.85 x 4.61Main level, Combined w/Living, Hardwood Floor, W/O To Balcony
- Kitchen6.02 x 2.88Main level, Stainless Steel Appl, Tile Floor, Granite Counters
- Primary Bedroom5.70 x 4.51Main level, Hardwood Floor, Walk-In Closet(s), W/O To Balcony
- Bedroom4.51 x 3.37Main level, Hardwood Floor, Closet, W/O To Balcony
Washrooms
- 3-piece, Main
- 5-piece, Main
- Area
- Toronto C08
- Municipality
- Toronto
- Neighbourhood
- Cabbagetown-South St. James Town
- Main cross streets
- Sherbourne/Wellesley
- Directions
- Sherbourne/Wellesley
- MLS® number
- C13429788
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-18
- Listed on
- 2026-06-11
- Days on market
- 68 days
- Possession date
- 2026-08-01
- Possession type
- 30-59 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- CHESTNUT PARK REAL ESTATE LIMITED
Home Market Value
Current home valuation for Unit 2506, 500 Sherbourne Street, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $1,075,000
HOMEH Estimate
$935,995
Estimated Sales Range
$739,436 - $1,132,554
HOMEH Estimate for Unit 2506, 500 Sherbourne Street, Toronto, Cabbagetown-South St. James Town
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $575,000 over $500K
$82,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $39,689 | $29,993 | $25,585 | $0 |
=Total mortgage | $1,031,914 | $997,493 | $939,335 | $860,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,038monthly | $4,870monthly | $4,586monthly | $4,199monthly |
Land Transfer Tax
$17,975
$17,975
$35,950
Around this home
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