Unit 503, 500 Sherbourne Street
Toronto (North St. James Town), ON M4X 1L1
The 500 Sherbourne Condos34 storeys, 363 suites, built 2010- 2Bedrooms
- 2Bathrooms
- 1Parking
- 800–899Sq Ft
- $3,645Tax
- $780/moCondo Fee
Estimated Value:$684,000See Free Estimate Report
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About Unit 503, 500 Sherbourne Street, Toronto, North St. James Town
Summarized Description
- Spacious 2-bedroom, 2-bathroom unit in downtown Toronto.
- Versatile dining area can convert to home office.
- Stunning wall-to-wall windows with city views.
- Modern kitchen and bathrooms with quality finishes.
- Resort-style amenities including gym and lounges.
- Includes parking space and storage locker.
- Ideal for first-time buyers or executives.
- Close to downtown attractions and conveniences.
Welcome to The 500 Condos and Lofts- offering a true lux/lifestyle living experience in the heart of downtown Toronto. Ideal for first time buyers, an executive couple working from home with the multiple boardrooms and lounges, or the buyer trading down from the big house in the suburbs. This spacious 2 full bedrooms plus 2 full baths is 863 sq. ft. as per floor plan attached is over 150 sq. ft. larger than the Toronto average for a new 2 full bedrooms, 2 full baths of similar price. The versatile separate dining area easily converts into a home office. The bright, spacious layout features a modern separate kitchen with, modern full 2 bathrooms in-suite with walk in shower and modern tile. The unit features stunning wall to wall of windows in each room showcasing spectacular city views. This highly sought-after executive style building offers resort-style amenities: modern gym with free weights and cardio area, lounges, work area, games room, boardrooms, and expansive party room and lounge areas. Includes one parking and a storage locker, Plenty of visitor parking and 2 common EV charging stations. Experience unmatched value, space, and lifestyle -book your viewing and include a tour of the exceptional amenities. 5th floor large common terrace with BBQ's and lounge areas, on the 2nd floor, gym, games room, study rooms, guest suites and party room with kitchen. Main floor party room with walk out terrace and 2 common EV charging stations by underground visitor parking.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,645
- Land Transfer Tax Fee
- $20,546
Condo/Maintenance Fee
- Maintenance Fee
- $780 /month
Included In Maintenance Fee
- Heat Included
- Water Included
- CAC Included
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- None
- Security Features
- Concierge/Security
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Open
Building Amenities
- Concierge
- Exercise Room
- Guest Suites
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Approx Age
- 11-15
- Condo Corp Number
- 2123
Construction
- Exposure
- North East
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, stove, dishwasher, built-Microwave Exhaust fan, washer/dryer, existing light fixtures, blinds, thermostat. Designer light fixture in dining room.
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
- 258
- Locker Level
- B
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Foyer—Flat level, Tile Floor, Double Closet, Mirrored Closet
- Kitchen—Flat level, Stainless Steel Appl, Quartz Counter, Pantry
- Dining Room—Flat level, North View, W/O To Balcony, Window
- Living Room—Flat level, NE View, Window
- Primary Bedroom—Flat level, Double Closet, East View, 3 Pc Ensuite
- Bathroom—Flat level, 3 Pc Ensuite, Separate Shower, Ceramic Floor
- Bedroom 2—Flat level, Double Closet, North View
- Bathroom—Flat level, 4 Pc Bath, Ceramic Floor, Soaking Tub
- Other—Flat level, Balcony, Concrete Floor, NW View
- Laundry—Flat level, Closet, Separate Room
Washrooms
- 4-piece
- 3-piece
- Municipality
- Toronto
- Neighbourhood
- North St. James Town
- Main cross streets
- Sherbourne/Wellesley
- Zoning
- Residential
- Directions
- Use your GPS or Google Maps
- MLS® number
- C13147086
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-28
- Listed on
- 2026-05-16
- Days on market
- 73 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- REAL ESTATE HOMEWARD
Home Market Value
Current home valuation for Unit 503, 500 Sherbourne Street, Toronto, North St. James Town, Toronto, ON. Listed for $689,900
HOMEH Estimate
$684,000
Estimated Sales Range
$540,360 - $827,640
HOMEH Estimate for Unit 503, 500 Sherbourne Street, Toronto, North 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 $189,900 over $500K
$43,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $25,830 | $19,248 | $16,420 | $0 |
=Total mortgage | $671,576 | $640,158 | $602,835 | $551,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,279monthly | $3,126monthly | $2,943monthly | $2,695monthly |
Land Transfer Tax
$10,273
$10,273
$20,546
Around this home
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