Homula Realty Brokerage
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39 Sherbourne Street 1606, Toronto, ON M5A 0L8

3 beds · 3 baths · 1 kitchen · 8 rooms · 1 parking space · 1800-1999 sq ft · Locker · Laundry in unit · Condo Apartment
$1,998,000

Utilities includedHeat · Water · Central Air Conditioning

Also includedBuilding Insurance · Common Elements · Parking

Maintenance fee
$1,863 / month
Property tax
$9,307 / year
Included in the fee
Heat, Water, CAC, Building Insurance, Common Elements, Parking

True penthouse living is rarely this complete: two storeys, breathtaking skyline views, expansive outdoor spaces, and a highly functional floor plan designed to evolve with the way you live. Offering over 2,500 SF of combined indoor and outdoor living space, this rare 3+1-bedroom, 2.5-bathroom corner residence balances everyday comfort with effortless entertaining. Floor-to-ceiling windows wrap around the open-concept living, dining, and kitchen spaces, filling them with natural light, while a high ceiling enhances the living room's impressive sense of volume. Custom millwork, integrated lighting, motorized blinds, and built-in speakers are thoughtfully woven throughout, while a bioethanol fireplace with a striking tiled surround anchors the space. The custom kitchen pairs integrated appliances with quartz countertops, a marble-tiled backsplash, a walk-in pantry and an inviting breakfast bar. Multiple walkouts open onto a custom-designed terrace by Earth Inc., complete with pavers and wood flooring, a contemporary enclosure, integrated lighting, wired sound, and rare gas and water connections. Three additional bedrooms offer flexibility for family, guests, work-from-home comfort, or multi-generational living. Above, the private primary suite is a retreat in its own right, with a home office, custom walk-in closets and exceptional storage throughout. The bedroom opens directly onto a second expansive terrace with custom wood flooring, integrated lighting, and a gas line and fire pit, extending the living space to Toronto's skyline. One premium parking space with access to both vehicular lifts and two storage lockers complete this exceptional residence. Ideally situated in Toronto's historic St. Lawrence Market neighbourhood, moments from celebrated restaurants, the waterfront, Financial District, and transit.

MLS number
C13710974
Type
Condo Apartment
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
M5A 0L8
Photos
40
Locker
Yes — Owned (locker 69 & 70, level A)
Laundry
In the unit — In-Suite Laundry, Sink
Included in the fee
Heat, Water, CAC, Building Insurance, Common Elements, Parking
19days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Market Lane Junior and Senior Public School7.4 / 10
Elementary · Regular Track
TDSB boundary
Jarvis Collegiate Institute5.7 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Michael Catholic School
Toronto CDSB
Elementary376 m6.7 / 10
67% met the standard
Downtown Alternative School
Toronto DSB
Elementary415 mNot reported
Liberty Prep SchoolElementary526 mNot reported
Agile Preparatory AcademySecondary540 mNot reported
École élémentaire Gabrielle-Roy
CS Viamonde
Elementary703 m8.5 / 10
85% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Moss Park482 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$490k$1.26M$2.03M20252026this home’s asking price
$540klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d15d30d20252026
29dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in moss park. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,588 people.

$105,000Median household income
62.7%Own their home
0%Detached houses
37.6Median age
38.1%Born outside Canada
63.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204230 — the few blocks around this address, home to 2,588 people. It describes the area, not this property.

2,588Population
40.6Average age
1.7Household size
$158,800Average household income
$105,000Median household income
63%Own their home
37%Rent
94%Condominiums
38%Born outside Canada
64%University degree
$846,000Average home value
11%Low income
36%Not in the labour force
41%Never married
Under $5,0001%
$5,000 to $9,999<1%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,9998%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over13%

Percentages are of the 2,260 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$399,600 · minimum here is $399,600
$8,846.71per month
Borrowed before insurance$1,598,400
Total borrowed$1,598,400
Interest over 25 years at 4.5%$1,055,614

If you rented it out

-$11,485.30per month out of pocket
Rent$0.00
Everything it costs to hold$11,485.30
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

125 GEORGE ST288 m
Under Review · applied May 26, 2026

Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.

City planning file →
281 FRONT ST E492 m
Under Review · applied May 20, 2026

The application proposes to amend the Official Plan and Zoning By-law to permit a mixed-used building consisting of two residential towers (54- and 50-storeys), 1,016 residential dwelling units, and 665 square metres of retail space on the ground floor.

City planning file →
79 ONTARIO ST157 m
Council Approved · applied January 5, 2026

A Zoning By-law Amendment application to permit a 16-storey mixed-use building consisting of 98 dwelling units and 78 square metres of non-residential gross floor area (retail) at grade.

City planning file →
333 QUEEN ST E332 m
Council Approved · applied November 25, 2025

Rezoning application for a 49-storey (162.5 metres, excluding mechanical penthouse) mixed-use building, containing 545 dwelling units and 470 square metres of grade-related retail space.…

City planning file →
115 JARVIS ST370 m
Council Approved · applied November 17, 2025

Zoning By-law Amendment to permit a proposed 50-storey (164.5 metre) tall mixed-use building containing 596 residential units, 105 square metres of retail space at grade and 4 levels of underground parking for 142 vehicles.…

City planning file →
191 SHERBOURNE ST457 m
Under Review · applied December 30, 2024

Site Plan application to permit two tall buildings (39- and 40-storeys), containing 693 new residential dwelling units, 525 square metres of non-residential space, and a new public park.

City planning file →
150 SHERBOURNE ST342 m
Under Review · applied January 19, 2024

Site Plan Control application for a 7,544.3 square metres City of Toronto community centre to replace the existing John Innes Community Centre.

City planning file →
126 PARLIAMENT ST320 m
OMB Appeal · applied August 14, 2023

Site Plan Application for a 46 storey (156.3 metres including mechanical penthouse) mixed-use building with 419 dwelling units and 328 square metres of commercial uses at grade.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA. Listing data provided by the Toronto Regional Real Estate Board.