507 - 500 Sherbourne Street

Welcome to urban living at its finest in the highly sought-after 500 Sherbourne Street, Toronto. This remarkable condo apartment, recently renovated in 2022, offers an exquisite blend of modern design and functionality, making it an ideal choice for anyone seeking an apartment for sale in Toronto . Nestled in the vibrant Cabbagetown-South St. James Town community, this property boasts a wealth of features that cater to contemporary lifestyles.

As you enter the apartment, you are greeted by an impressive open-concept layout that seamlessly integrates the living, dining, and kitchen areas. The main kitchen is a true highlight, featuring a full-size configuration complete with a sleek stone waterfall countertop and a matching backsplash. The breakfast bar is perfect for casual dining or entertaining guests. With newer stainless steel appliances, this kitchen is both stylish and practical, making it a delightful space for culinary adventures. The attention to detail is evident throughout the apartment, with new laminate flooring and upgraded light fixtures enhancing the overall aesthetic.

The living space is further accentuated by soaring 9-foot ceilings, which create an airy and spacious atmosphere. This apartment for sale in Toronto also includes a versatile den, equipped with sliding glass doors, allowing it to function as a second bedroom or a home office, depending on your needs. Ample storage is provided with custom closet organisers, ensuring that your living space remains clutter-free and organised.

Step outside onto the oversized 20-foot balcony, which features two walk-outs and offers a serene view of the beautifully landscaped urban garden below. This outdoor space is perfect for enjoying a morning coffee or unwinding after a long day. The apartment’s location on 500 Sherbourne Street, Toronto, ensures that you are at the heart of the city, with easy access to a plethora of amenities.

Residents of this exceptional building enjoy a host of state-of-the-art amenities that elevate the living experience. The stylish party room is ideal for hosting gatherings, while the large rooftop terrace, complete with BBQs and lounge seating, provides stunning city views and a perfect backdrop for summer evenings. Additional conveniences include a 24-hour concierge service, a well-equipped gym, guest suites for visiting friends and family, and ample visitor parking. However, it is worth noting that this apartment does not come with a pool, fireplace, or central vacuum system, and it is unfurnished, allowing you to personalise the space to your liking.

The heating system is efficiently managed by forced air, and while there is no basement, sewer, or additional land associated with the property, the apartment’s features more than compensate for these aspects. The absence of a garage space or parking may be a consideration for some, but the prime location at 500 Sherbourne Street, Toronto, offers excellent public transport options and proximity to local amenities.

Living in the Cabbagetown-South St. James Town community means that you are just steps away from the TTC, shopping, dining, and the bustling Bloor Street. This vibrant area is rich in culture and offers a myriad of experiences, making it a fantastic place to call home. If you are searching for an apartment for sale in Toronto, look no further than this stunning suite at 500 Sherbourne Street, Toronto. With its modern features, prime location, and exceptional amenities, this property is truly a gem in the heart of the city. Don’t miss the opportunity to make this beautiful apartment your new home.

Cabbagetown-South St. James Town, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood known for its rich history and diverse character. Renowned for its charming Victorian architecture and lush gardens, Cabbagetown boasts a unique blend of residential and cultural offerings, with quaint shops, inviting cafés, and local markets dotting the streets. South St. James Town, in contrast, presents a more urban landscape, featuring high-rise apartment buildings and a bustling atmosphere. This geographic entity is well-connected to the rest of the city, providing residents with easy access to public transport, parks, and a variety of amenities, making it an ideal place for those seeking a lively yet community-oriented urban experience.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you will find Rose Avenue Junior Public School (0.3 km), a public elementary school offering grades JK to 6, with a solid rating of 4.1. Winchester Junior and Senior Public School (0.4 km) serves grades SK to 8, although it currently has no rating. For older students, Jarvis Collegiate Institute (0.3 km) provides education for grades 9 to 12 and boasts a commendable rating of 5.9. Additionally, Our Lady of Lourdes Catholic School (0.2 km), a Catholic institution for grades JK to 8, has a strong rating of 5.5. St. Joseph's College School (1.1 km), another Catholic school for grades 9 to 12, excels with a rating of 7.6. While some schools like Lord Lansdowne Junior Public School and Holy Name Catholic School offer French language programs, they are located slightly further away. Overall, the area offers a diverse range of educational options, ensuring that families have access to quality schooling within a convenient distance.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,456 residents, characterized by an average household size of 1.6 individuals. The demographic profile reveals an average age of 45.3 years and a robust average household income of $113,000, with only 11% of the population classified as low-income. The real estate market is notable, with an average property price of $776,000, and a significant portion of the community, 51.96%, identifies as single. Families with children are relatively few, comprising only 9.86% of households. The area is diverse, with 36.7% of residents being immigrants, contributing to its vibrant culture. Additionally, 38.6% of the population are renters, and a remarkable 92.4% of the housing stock consists of condominiums. The educational attainment in the community is high, with 86.56% of residents holding a college or university degree. However, it is worth noting that 19.76% of the population is not in the labor force, which may reflect various socio-economic factors. Overall, this area presents a unique blend of demographics, making it an attractive location for potential buyers and investors.