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New6 days ago

1243 - 135 Lower Sherbourne Street

Moss Park, Toronto

$528,000

Condo Apartment |
1 + 1 | 2 | 0 | 0
About this home

Time & Space by Pemberton - a modern urban residence in one of downtown Toronto's most vibrant and sought-after communities. This bright and spacious one bedroom plus den (potential 2nd bedroom) with 2 full baths over 572 sqft features 9-foot smooth ceilings, laminate flooring throughout, and a thoughtfully designed open-concept layout that maximizes every square foot with no wasted space. The well-appointed kitchen is equipped with sleek built-in appliances, granite countertops, and ample cabinetry, seamlessly flowing into the dedicated living area. The living room extends to a private balcony, offering the perfect spot to relax and enjoy the city atmosphere. The generously sized primary bedroom includes a large window for abundant natural light and ample closet space. A versatile enclosed den with a full door provides the flexibility to function as a second bedroom, nursery, or home office. Perfectly situated in the heart of the city, you're just steps to St. Lawrence Market (including the highly anticipated Phase 2 redevelopment), No Frills, boutique shops, cafes, restaurants, and the historic Distillery District. Convenient access to the downtown core, TTC, and the DVP makes commuting effortless. Currently tenanted, property is virtually staged.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$524
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,751
mls© NumberC13619666
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Heat Included
Building Insurance Included
Common Elements Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,703
Property tax
$229
Heat allowance
$150
Condo fees, half counted
$262
Housing costs
$3,344 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,600
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,222 / mo
Cash down
$105,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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