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Real Estate

Condomonium: $500,000 for a new amenity-packed loft with 22-foot-high ceilings on Sherbourne Street

Condomonium: $500,000 for a new amenity-packed loft with 22-foot-high ceilings on Sherbourne Street
BYOW (Bring Your Own Windex)

ADDRESS: 500 Sherbourne Street, 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

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