500 Sherbourne St 909

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500 Sherbourne St 909, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4274972
MLSID
Contact Us
Property Description
Beautiful 2 Bedroom, 2 Bathroom Corner South-West Luxury Suite At 500 Sherbourne. Laminate Floors Throughout, Granite Counter Tops, Stainless Steel Appliances, And Oversized Washer & Dryer. Lovely Very Clean Building, 24Hrs Concierge, Games Room, 2 Guest Suites, Gym, And Much Much More!
Extras
This Unit Comes With All Elfs (Except Fixture In Den), Window Coverings, Desk And Shelves In The 2nd Bedroom, Breakfast Bar, Oversized Front Loading Washer/Dryer, 1 Parking, 1 Locker, Ss Appliances, (Stove Top Is Animal Friendly)
Property Features
Library, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,254 (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 (P2-138)
Parking 2
None
Garage Type
Undergrnd
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
500 Sherbourne St 909 is a 2-bedroom 2-bathroom condo listed for sale at $745,000, which is $46,612 (5.9%) lower than the average sold price of $791,612 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,727 (1.0%) compared to the previous 30 day period (February 19 - March 19) and up $2,929 (0.4%) from the same time one year ago.
Inventory Change
There were 1,386 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 15.2% compared with the previous 30 day period (February 19 - March 19) and up 33.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,721) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $1,553 increase compared to the previous 30 day period (February 19 - March 19) and ($8,662) 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 20 - April 18) stood at 50.3%, up from 46.0% over the previous 30 days (February 19 - March 19) and down from 64.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 20 - April 18), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Connect Realty, Brokerage
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