502 - 500 Sherbourne Street

Situated at 500 Sherbourne Street, Toronto, this remarkable apartment for sale in Toronto is an outstanding opportunity for those seeking a modern lifestyle in one of the city’s most vibrant neighbourhoods. This 34-storey luxury condominium, completed by Times Group in 2010, is ideally located at the intersection of Sherbourne Street and Wellesley Street, within the rapidly evolving community of North St. James Town. The property boasts exceptional walkability, allowing residents to easily access the eclectic shops and diverse restaurants of Cabbagetown, Church Street Village, and the bustling Yonge & Bloor area.

As you explore this apartment for sale in Toronto, you will appreciate the convenience of nearby public transport options, including the TTC Sherbourne Station (Line 2) and the TTC Bus Route 75. For those who enjoy the outdoors, the proximity to Riverdale Farm, Rosedale Valley, and the picturesque Lower Don River trails offers ample opportunities for hiking and cycling, making it an ideal setting for nature enthusiasts.

This well-appointed suite spans approximately 668 square feet of interior living space, complemented by a charming 50-square-foot northwest-facing balcony that provides delightful views of the historic Our Lady of Lourdes Church. The functional layout features one bedroom and a den, along with a well-designed four-piece bathroom. The apartment for sale in Toronto is adorned with hardwood flooring throughout, and the above-average 10-foot ceilings create an open and airy atmosphere, enhancing the overall appeal of the home.

The open-concept kitchen is a true highlight, equipped with elegant granite countertops, stainless steel appliances, and a central island that facilitates both cooking and socialising. This seamless flow into the living area, which opens directly onto the balcony, makes it an ideal space for everyday living and entertaining guests.

Residents of this exceptional building are treated to an impressive array of amenities that elevate the living experience. The fully equipped fitness centre caters to health enthusiasts, while the fifth-floor rooftop patio, complete with BBQs and lounge seating, provides a perfect spot for relaxation and social gatherings. The 24-hour concierge and security services ensure peace of mind, while the billiards and games room, theatre, party room, business centre/meeting room, and guest suites cater to a variety of lifestyle needs.

For those considering this apartment for sale in Toronto, it is important to note that the property is unfurnished, allowing new owners to personalise the space to their taste. Additionally, there is one underground garage space included, providing convenient parking in this prime downtown location. However, it is worth mentioning that there is no pool, no fireplace, and no central vacuum system, which may be considerations for potential buyers.

This apartment at 500 Sherbourne Street, Toronto, is not just a home; it is a lifestyle choice. With its modern amenities, prime location, and spacious layout, it represents an exceptional offering in the competitive Toronto real estate market. If you are in search of an apartment for sale in Toronto that combines luxury, convenience, and community, this property is undoubtedly worth your consideration.

In summary, 500 Sherbourne Street, Toronto, presents a unique opportunity to acquire a stylish and functional living space in a bustling urban environment. With its attractive features and desirable location, this apartment for sale in Toronto is poised to meet the needs of discerning buyers looking for a contemporary lifestyle in the heart of the city. Don’t miss out on the chance to make this exceptional apartment your new home.

North St. James Town is a vibrant and densely populated neighbourhood in Toronto, characterised by its high-rise apartment buildings and diverse demographic. Nestled just east of the bustling downtown core, it offers a unique blend of urban living with a strong sense of community spirit. Residents enjoy easy access to a variety of amenities, including parks, shops, and public transport, making it convenient for both work and leisure. The area is known for its rich cultural tapestry, with a mix of cuisines and community events that reflect its multicultural population. For those seeking a lively urban lifestyle with a close-knit feel, North St. James Town presents an appealing option.

Schools in the Neighbourhood

This property is ideally situated 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 well-rated public elementary school offering grades JK to 6 with a rating of 4.1. Winchester Junior and Senior Public School (0.4 km) serves grades SK to 8, though 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) offers a strong Catholic education for grades JK to 8 with a rating of 5.5. St. Joseph's College School (1.1 km) caters to grades 9 to 12 and has an impressive rating of 7.6. Other nearby schools include Holy Name Catholic School (2.5 km) and St. Mary Catholic School (3.4 km), both offering French-language education. With a diverse range of educational options, this location is perfect for families prioritizing quality schooling.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 1,456 residents, with an average household size of 1.6 individuals. The demographic is characterized by a median age of 45.3 years, reflecting a mature community. The average household income stands at an impressive $113,000, although 11% of the population is classified as low-income. The real estate market shows an average property price of $776,000, with a significant portion of the population (38.6%) renting their homes. The community is predominantly single, with 51.96% of individuals not married, and households with children make up only 9.86% of the population. Notably, 36.7% of residents are immigrants, contributing to the area's diversity. The housing landscape is primarily composed of condominiums, which account for 92.4% of the available properties. Education levels are high, with 86.56% of residents holding a college or university degree, while 19.76% of the population is not in the labor force. This combination of factors creates a vibrant, educated, and diverse community, appealing to a range of potential homeowners and renters.