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    Toronto / Downtown / St. James Town

    3004 - 500 Sherbourne St

    For RentThe 500 Sherbourne Condos
    $2,450/mth
    1 Bed + 1
    1 Bath
    0 Parking
    600 - 699 SQFT
    3 Days on Strata
    Est Lease Timeframe
    21 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    Partially
    Exposure:
    South
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, South View
    11.94 x 10.47ft
    Dining
    Combined with Living, Laminate, South View
    11.94 x 10.47ft
    Kitchen
    Stainless Steel Appliances, Stone Counter, Centre Island
    10.34 x 7.55ft

    About this Listing

    Rarely Offered High Floor 1 Bedroom + Den. Enjoy The Picturesque South Views During The Day. Watch The Tranquil City Nights On The Balcony At Night. Highly Functional Layout And 10 Ft Ceilings. Large Living Room And A Flexible Semi-Private Den. Walking Distance To Sherbourne Subway, Supermarkets, Restaurants, And Cabbagetown.

    ExtrasFull-Size Gym, 24 Hrs Security, Party Rm, 5th Flr Bbq Patio. Custom Light Fixtures, Window Coverings, Stainless Steel Stove, Fridge, B/I Dishwasher, Microwave/Hood Fan. Washer/Dryer. No Locker. No Parking. Visitors Parking Available.

    re/max hallmark realty ltd.MLS® #C11944473

    Amenities

    Concierge
    Sauna
    Media Room
    Bike Storage
    Party Room
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,499
    Average Individual Income
    $59,023
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $99,412
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    20%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    26%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    31%
    Semi Detached
    24%
    Detached
    23%
    Low Rise Apartment
    16%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Other
    15%
    Mandarin
    10%
    Cantonese
    7%
    Tagalog
    4%
    Spanish
    2%
    Arabic
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    26%
    None
    17%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    9%
    Math & Computer Sciences
    7%
    Physical Sciences
    6%
    Humanities
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    The 500 Sherbourne Condos vs The St. James Town Area

    Building Trends At The 500 Sherbourne Condos

    Days on Strata

    Units at The 500 Sherbourne Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. James Town

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 11 condos in the St. James Town area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    The 500 Sherbourne Condos offers the
    ?
    best value out of 11 condos in the St. James Town neighbourhood

    Appreciation Rank

    The 500 Sherbourne Condos has the
    ?
    highest ROI out of 11 condos in the St. James Town neighbourhood

    Rental Yield

    The 500 Sherbourne Condos yields the
    ?
    highest rent prices out of 11 condos in the St. James Town neighbourhood

    High Demand

    The 500 Sherbourne Condos is the
    ?
    most popular building out of 11 condos in the St. James Town neighbourhood

    Transaction Insights at 500 Sherbourne Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$910,000$545,000 - $790,000$765,000 - $1,190,000$755,000 - $760,000No DataNo Data
    Avg. Cost Per Sqft$985$946$957$890No DataNo Data
    Avg. Wait for Unit Availability185 Days34 Days49 Days216 DaysNo Data1667 Days
    Ratio of Units in Building10%52%31%6%2%1%

    Transactions vs Inventory

    Total number of units listed and leased in St. James Town