$835,000 - 500 Sherbourne Street Unit 2210, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed yesterdayNeighbourhood: North St. James Town
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- MLS Number
- C13866184
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $4,073
- Maintenance Fees
- $902/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- NEST SEEKERS INTERNATIONAL REAL ESTATE
A home above the city. Perched 22 storeys above Toronto, this northwest corner suite offers something increasingly difficult to find Downtown: space, light and a completely unobstructed outlook. Approximately 1,000 square feet unfolds across a thoughtfully proportioned two-bedroom, two-bathroom, split-plan layout that feels more like a home than a typical condo. Expansive windows, wrapped around multiple corners, draw in natural light throughout the day and frame sweeping views that stretch beyond the City. The 10-foot ceilings (22nd floor only) enhance the sense of openness and volume of space inside. Generous principal rooms provide the ease to entertain, work from home or simply live comfortably, while the bedrooms are complemented by tasteful bathroom updates and custom built-in closets. The 500 is an established full-service address where residents enjoy 24-hour concierge, fitness facilities with sauna, resident lounges, theatre and games room, guest suites and rooftop terrace with BBQs. Beyond the lobby, the City opens in every direction, bringing Yorkville, Rosedale, Cabbagetown and the energy of Downtown all within reach. With Sherbourne Station moments away, this is connected city living without compromise. A Downtown home with the space to live and a view worth coming home to.
Estimate your monthly payments for this property
Estimated Payment
$4,283.98/mo
Includes CMHC insurance ($23,297)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North St. James Town
North St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North St. James Town
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
500 Sherbourne Street Unit 2210, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $928/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $902/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About North St. James Town
I know North St. James Town well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.