500 Sherbourne St 1412

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500 Sherbourne St 1412, Downtown Toronto
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C4132736
MLSID
Contact Us
Property Description
Bright & Airy 1+1 Unit In Vibrant Downtown Yet Quiet Neighborhood. 9Ft Ceiling & Efficient Layout. Large Den Can Easily Be Converted Into 2nd Bdrm. Open Concept Kitch W/ All Ss Appliances, Granite Countertop & Breakfast Bar. Wood Floor Throughout. Bldg Amnts Incl: Concierge, Guest Suites, Gym/Exercise, Yoga, Sauna, Game, Media, Party/Meeting, Rooftop Deck, Visitor Parking, .... Steps To Sbwy Stn, Shops, Restrnt, Parks, Schls & Universities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-20 2023-07-17 27 $649,000 - Terminated
2020-09-11 2020-09-23 12 $1,950 $2,100 Leased
2020-07-23 2020-09-11 50 $1,950 - Terminated
2019-07-15 2019-08-01 17 $2,400 $2,400 Leased
Extras
Include: Stainless Steel Fridge, Ss Stove, Ss Dishwasher, & Ss B/I Microwave W/ Rangehood, Stack Washer & Dryer. All Existing Elfs & Window Coverings.~~~*** 1 Parking & 1 Locker Included!!!~~~.
Property Features
Clear View, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,374 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B (P2))
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.83' x 14.44'Laminate, W/O To Balcony, North View
DiningFlat10.83' x 14.44'Laminate, Breakfast Bar, Open Concept
KitchenFlat9.84' x 10.83'Stone Floor, Stainless Steel Appl, Stone Counter
MasterFlat9.15' x 12.63'Laminate, Large Window, Large Closet
DenFlat7.05' x 9.45'Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 1412 is a 1-bedroom 1-bathroom condo listed for sale at $565,000, which is $37,936 (6.3%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homecomfort Realty Inc., Brokerage
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