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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C8
  • 390 Cherry Street
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  • Sold Sold in Jan 2026
  • Condo Apt

705 - 390 Cherry Street

Toronto, Waterfront Communities C8
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 660,000
5.58%
Listed Price: $ 699,000
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Key Facts About 705 - 390 Cherry Street, Toronto

  • Tax $3,436 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $945.94
  • Size 700 - 799 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12627274
  • Data Source PROPTX
  • Days on Market 31
  • Listed On 11/12/2025
  • Updated On 15/01/2026
  • Market Demand
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Description

ABSOLUTELY PRICED TO SELL TODAY!!FABULOUS TWO Bedroom Two Bath Condo in the Gooderham Building in the Heart of the Distillery District; a pedestrian only area with quaint cobblestone streets, once home to the Gooderham Whisky Distillery. Renown for the chic indie restaurants, bars and boutiques as well as the sculptures, art galleries and local theatres, this is THE PLACE TO LIVE and it is only a few km from the heart of the Financial District. Christmas is on the horizon along with Toronto Christmas Market celebrated annually at your doorstep

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Property Details of 705 - 390 Cherry Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C8
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc Main
  • Bathroom Details 1, 3pc Main
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Brick, Concrete
  • Amenities Concierge, Exercise Room, Gym, Outdoor Pool, Visitor Parking

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Front/Cherry

Features

  • Clear View Y
  • Lake/Pond Y
  • Park Y
  • Public Transit Y
  • Waterfront Y

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Our Estimate

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Estimated Rent

$ 3,383

Rental Yield

5.07%

School Score

7.9/10

Rental Score

5/5

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Rooms

Dining Room (3.36X6.32 metre)
Level: Flat
Kitchen (2.53X3.39 metre)
Level: Flat
Primary Bedroom (3.18X2.93 metre)
Level: Flat
Bedroom (2.81X2.75 metre)
Level: Flat
Living Room (3.36X6.32 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,515

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $946
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 705 - 390 Cherry Street, Toronto

Nestled in the vibrant heart of the Distillery District, this fabulous apartment for sale in Toronto at 390 Cherry Street, Toronto, is an absolute gem that’s just waiting for you to call it home. Priced to sell, this spacious two-bedroom, two-bath condo in the Gooderham Building is perfect for those who appreciate the unique charm of a pedestrian-only area, complete with quaint cobblestone streets and a rich history that dates back to the Gooderham Whisky Distillery.

As you step into this delightful apartment for sale in Toronto, you’ll immediately notice the abundance of natural light pouring through the ceiling-to-floor windows that grace every room, except for the bathrooms. This large end unit, measuring a generous 784 square feet, offers expansive, unobstructed city views that you can enjoy from the wrap-around porch. Picture yourself sipping your morning coffee while watching the world go by, with pedestrians ambling through the Distillery District’s eclectic shops just below.

The layout of this apartment for sale in Toronto is designed with comfort and practicality in mind. The split bedroom floor plan allows for ample space, providing privacy for you and your guests. The living and dining areas are separate, giving you the flexibility to entertain or simply relax in your own space. Should you wish to enhance your daily living experience, there’s plenty of room to add an island in the kitchen, making it a versatile hub for cooking and socialising.

Although the apartment is unfurnished, it provides a blank canvas for you to infuse your personal style. The flat kitchen is functional and ready for your culinary adventures, while the two bathrooms ensure that you won’t have to queue in the mornings. With central air conditioning to keep you cool during the warmer months, you’ll be comfortable all year round.

One of the notable features of this apartment for sale in Toronto is the underground garage space, which accommodates one vehicle, ensuring that you have a secure place for your car. While there is no pool or fireplace in the unit, the vibrant community surrounding 390 Cherry Street, Toronto, more than makes up for it. The area is renowned for its chic indie restaurants, lively bars, and unique boutiques, making it a fantastic place to explore and enjoy.

Living in the Distillery District means that you’re just a stone’s throw away from the annual Toronto Christmas Market, celebrated right at your doorstep. As the festive season approaches, you’ll be able to immerse yourself in the holiday spirit without having to travel far. The local art galleries, sculptures, and theatres add to the cultural richness of the area, making it an ideal location for those who appreciate the arts.

In addition to its prime location, this apartment for sale in Toronto also boasts essential amenities such as internet access, making it easy to stay connected whether you’re working from home or simply browsing your favourite websites. The forced air heating system ensures you’ll be warm and cosy during the colder months, while the absence of a central vacuum system means you’ll have to rely on traditional cleaning methods.

In summary, this two-bedroom, two-bath condo at 390 Cherry Street, Toronto, is an excellent opportunity for anyone looking to embrace a vibrant lifestyle in one of the city’s most sought-after neighbourhoods. With quick closing available, you could be settling into your new home just in time for the holidays. Don’t miss out on this incredible apartment for sale in Toronto—it's aggressively priced to sell today!

Waterfront Communities C8 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, characterised by its stunning waterfront views and a blend of modern residential spaces and recreational amenities. This neighbourhood boasts a rich tapestry of cultural attractions, including galleries, theatres, and a variety of dining options that cater to diverse tastes. With easy access to the Toronto Islands and extensive walking and cycling paths, residents can enjoy an active outdoor lifestyle while being just a stone's throw from the bustling downtown core. The area is well-served by public transport, making it convenient for commuting and exploring the wider city. Waterfront Communities C8 offers a unique urban living experience, where the serenity of lakeside living meets the vibrancy of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Market Lane Junior and Senior Public School, just 0.6 km away, offering grades JK to 8 with a respectable rating of 3.7. St. Paul Catholic School, also nearby at 0.7 km, provides an English-language curriculum for JK to 8 and boasts an impressive rating of 8.7, making it a strong option for younger students. For secondary education, Kapapamahchakwew - Wandering Spirit School, located 1.6 km away, serves grades 9 to 12 but has a lower rating of 0. In contrast, St. Joseph's College School, 3.0 km from the property, offers a Catholic education for grades 9 to 12 and has a solid rating of 7.6. Additionally, families can consider Duke of Connaught Junior and Senior Public School, which offers a French curriculum for grades JK to 8 and has a rating of 5.8, located 3.3 km away. Overall, the area provides a variety of educational options across different grade levels and languages, ensuring that families have access to quality schooling nearby.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 4,787 residents as of 2021. The average household size is relatively small at 1.6, with a significant portion of the population, 55.67%, identifying as single. The average age in the area is 36.6 years, indicating a youthful demographic. Economically, the average household income stands at $123,100, although 13.2% of the population lives in low-income situations. The average property price is $766,000, reflecting the area's desirability, particularly for condominiums, which make up 93.46% of the housing stock. Renters constitute 46.64% of households, while only 19.28% have children, suggesting a preference for smaller, more manageable living arrangements. The community is also notable for its diversity, with 34.45% of residents being immigrants. Education levels are high, with 85.38% of the population holding a college or university degree. However, 16.59% of residents are not in the labor force, indicating potential opportunities for workforce engagement. Overall, this area presents a dynamic blend of young professionals and diverse backgrounds, making it an attractive location for potential homeowners and investors alike.

FAQs About 705 - 390 Cherry Street, Toronto

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 700 - 799.

How many parking spaces are available with this property?

390 Cherry Street boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 390 Cherry Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $945.94.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 705 - 390 Cherry Street, Toronto

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Listing History

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