ADDRESS: 500 Sherbourne Street West, Unit 213
NEIGHBOURHOOD: North St. Jamestown
AGENT: Sofie Taskas-Kehdi and Ian Patterson, Coldwell Banker Case Realty
PRICE: $494,000
THE PLACE: A two-level loft in the podium of the newly built 500 Condos and Lofts. There’s a shared terrace on the roof, plus an in-house fitness centre, yoga studio, sauna and theatre room.
BRAGGING RIGHTS: Sure, the price is modest, but the loft’s 22-foot-high ceilings soar past the heights of plenty of million-dollar penthouses in the city.
BIG SELLING POINT: You’ll be within walking distance of everything you could possibly need to live a proper urban lifestyle—which, of course, includes shopping at the wall of cheese in the Loblaws at Maple Leaf Gardens.
POSSIBLE DEAL BREAKER: Sherbourne Street has been called “the city in a microcosm” and is home to a range of high- to low-income households. Fashion guru Jeanne Beker lives there, but if you’re skittish about sharing the street with social housing, you best keep moving.
BY THE NUMBERS:
• $494,000
• 1066 square feet
• $511 monthly maintenance fees
• 22-foot-high ceilings
• 1.5 bathrooms
• 1 bedroom
• 1 balcony
-
- BYOW (Bring Your Own Windex)
-
- High-end buildings and social housing coexist on Sherbourne Street
-
- Slatted screens provide some privacy on the shared rooftop terrace
-
- Upstairs, downstairs
-
- The main living space has 22-foot-high ceilings, a powder room and balcony access
-
- You can’t hide
-
- The clean aesthetic is carried into the kitchen with granite counters, stainless steel appliances and track lighting
-
- Head up the stairs to find…
-
- …the master bedroom and bathroom
-
- The bedroom is open to the living space, so keep it clean (the walk-in closet should help)
-
- The bathroom is big enough to house a double vanity, an oversized shower, a separate bathtub and a linen closet
-
- Building amenities include billiards and cards rooms, a business centre, a lounge, a home theatre, a gym, a yoga studio and change rooms with steam rooms
-
- Please wipe down your machine
500k is modest. Welcome to Toronto.
February 10, 2012 at 6:55 pm | by raise_your_weaponThe price per sq ft is not too bad for TO.. not too sure about the St Jamestown next door though and property value appreciation over time. The bedroom is way too open.. with 22ft and the upstairs bedroom light coming in… dunno..
February 10, 2012 at 7:06 pm | by Chadbeautiful place, nice lay out… shame it seems like a bargin in this overpriced city though
February 10, 2012 at 8:31 pm | by lolSo true^
February 11, 2012 at 11:03 am | by raise_your_weaponI live in the building. When we just moved to TO we knew nothing about Sherbourne St’s “reputation” and we did not mind renting an amazing property (with a million dollar lake view in our case) for prices much lower than a couple of blocks West on Jarvis. We don’t regret our decision at all!
The location is excellent if you want downtown living close to Yonge x Bloor and the DVP. There is a brand new park right behind the building, a brand new 24h Rabba around the corner. Lower Sherbourne park and Sugar Beach are amazing in the summer.
Just stay away from the No Frills on Sherbourne St. Pay a premium and go to Rabba or MLG Loblaws.
February 11, 2012 at 8:30 pm | by AnaAna, stay away from the No Frills? Why? Because you might *gasp*! rub shoulders with a poor person? You sound like such an elitist. Shame on you.
February 11, 2012 at 9:16 pm | by CathyThe condo pictured is nice enough, but dime a dozen in this city.
there’s no `West’ on Sherbourne! It’s north south.
February 16, 2012 at 12:57 pm | by PedantI am no elitist but live in a nearby area and the No Frills is awful
February 16, 2012 at 4:18 pm | by booI too would encourage people to avoid it and shop at Rabba
The main draw back with the No Frills is that it is insanely busy all the time, leading to long lines and a general feeling of chaos. They often have really great Ontario and local fresh fruits and veggies on sale for cheap, though. Much better than over-priced rotting produce that I’ve found at Rabba.
February 17, 2012 at 11:39 am | by Izzy$500K for a 1-bed in St. Jamestown is modest?
February 19, 2012 at 3:52 pm | by crash already