500 Sherbourne Street 2302, Toronto C08

$2,500,000
500 Sherbourne Street 2302

$2,500,000

New
22d
Condo ApartmentApartment

500 Sherbourne Street 2302, Toronto C08

Total Monthly Obligation $13,366

Beds
3
Baths
3
Park
2
Sqft
2500-2749
DOM
22d
Score
16
Yield
4.8%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-C13852464
Beds-3
Bathrooms-3
Size-2500-2749 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$10,700.5 (2025)
Maintenance-$2,189.69/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-TIMES GROUP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-North St. James Town
Title-Residential Condo & Other

No agent assigned

An Extraordinary and Rare Suite Residence By Times Group Corporation Nestled In The Heart Of Downtown Toronto. A True One-Of-A-Kind Custom-Designed 3-Bedroom Masterpiece That Offers Over 2,500 Sq Ft Of Luxurious Living Space That's Illuminated By Natural Lighting From Sunrise To Sunset. Graciously Grand Living Area With A Cozy Fireplace That Seamlessly Walks Out Onto An Expansive 1,380 Sq Ft Private Terrace With Unobstructed Panoramic South West Exposure View. The Gourmet Kitchen And Bathrooms Elegantly Equipped With Quartz Countertops and Contemporary Soft-Close Cabinetry. Showcasing Premium Finishes And Craftsmanship Featuring 10 Ft Smooth Coffered Ceilings, Wainscotting Wall, Hardwood Flooring and Pot Lights Throughout. Primary Bedroom With 5-Pc Ensuite, Oversized Walk-In Closet With Custom Island, and Access To Private Balcony. Resort Style Amenities, Including 24 Hour Concierge, Gym, Multipurpose Room, Theatre, and Rooftop Garden. Steps To FreshCo, Shoppers Drug Mart and Public Transit. 5 Mins Walk To Sherbourne Subway Station. Nearby Yorkville, Eataly, Gourmet Restaurants, LCBO, GoodLife and Yonge & Bloor. Short Drive To DVP.

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

Closing Costs

Mortgage Amount
$2,000,000
Land Transfer Taxes$48,975
Legal Fees (Est.)
$
Total cash required for closing$550,475

Total Monthly Obligation

$13,366/mo
Mortgage $10,084
Monthly Loss $10,712
Principal$2,654
Interest$7,431
Property Tax$892
Condo Fees$2,190
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 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
$119,844/yr
NOI
$68,483/yr
Net Cash Flow
-$4,377/mo
Cash Margin
-43.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
12.7/ 100

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

Comparables

Properties near 500 Sherbourne Street 2302

Time

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Data last updated within the past 24 hours.