500 Sherbourne Street 2210, Toronto C08

$835,000
500 Sherbourne Street 2210

$835,000

New
17d
Condo ApartmentApartment

500 Sherbourne Street 2210, Toronto C08

Total Monthly Obligation $4,810

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
17d
Score
16
Yield
5.1%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-C13866184
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,072.76 (2025)
Maintenance-$901.95/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-NEST SEEKERS INTERNATIONAL REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Mid-November
Neighbourhood-North St. James Town
Title-Residential Condo & Other

No agent assigned

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.

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Closing Costs

Mortgage Amount
$668,000
Land Transfer Taxes$13,175
Legal Fees (Est.)
$
Total cash required for closing$181,675

Total Monthly Obligation

$4,810/mo
Mortgage $3,368
Monthly Loss $3,923
Principal$886
Interest$2,482
Property Tax$339
Condo Fees$902
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,240/yr
NOI
$20,720/yr
Net Cash Flow
-$1,642/mo
Cash Margin
-46.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 500 Sherbourne Street 2210

Time

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