500 Sherbourne Street 2009, Toronto C08

$799,900
500 Sherbourne Street 2009

$799,900

New
4d
Condo ApartmentApartment

500 Sherbourne Street 2009, Toronto C08

Total Monthly Obligation $4,646

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
4d
Score
17
Yield
5.3%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-C14093402
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,059.07 (2026)
Maintenance-$881.25/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/90
Neighbourhood-North St. James Town
Title-Residential Condo & Other

No agent assigned

Only Available For The Third Time Since The Inception Of The 500, This Fully Repainted & Cleaned Split 2 Bedroom, 2 bathroom Corner Unit Is A Very Rarely Available One Which You Must Experience In Person! Its South-West Exposure Offers The Best Views & Quality Of Natural Light Year Around! Sunsets Overlooking The City Skyline Are Sure Going To Make You Pinch Yourself & Impress Your Guests. This Floorplan Rarely Trades Because Owners Love It So Much! The Unit Also Includes One (1) Parking (with no neighbour on one side, go see it in person!), Two (2) Bike Racks & One (1) Locker. Greatly Managed Building With A Concierge Who Will Know You On First Name Basis. The Functional Floorplan Presents Clear Designation Of Its Living Areas With No Wasted Space Which Optimizes Maintenance Fees In Return. Generous Storage (More Closets) & Large Bathrooms With Modern Design & No Broadloom Anywhere! The Balcony Is One You Can Comfortably Host On & Enjoy The Views From. Great Amenities Include A Gym With Sauna, A Theatre, A Games & Billiards Room, Meeting Rooms With WIFI, Guest Suites, A Rooftop Terrace with BBQ's, 24Hrs Concierge & Free Visitors Parking. Location Is Great With Quick Acccess To Yorkville, The Village, Cabbagetown & More. The Subway, Groceries, Pharmacy and Restaurants Are All Walking Distance Too!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,646/mo
Mortgage $3,227
Monthly Loss $3,797
Principal$849
Interest$2,378
Property Tax$338
Condo Fees$881
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%21
10-Year IRR
8.9%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$20,982/yr
Net Cash Flow
-$1,478/mo
Cash Margin
-42.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.7/ 100

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

Comparables

Properties near 500 Sherbourne Street 2009

Time

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