121 Lower Sherbourne Street 1742

Waterfront Communities C8, Toronto, M5A 0W8 · More in this building

$548,000

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  • 1+1 bedrooms
  • 2 bathrooms
  • 0 parking
  • 500-599 sq ft

Listed 159 days ago · MLS® C13125342

About this home

Located In One Of Downtown Toronto's Most Convenient And Fast-Growing Neighbourhoods, Steps To St. Lawrence Market, Distillery District, Corktown, George Brown College, Waterfront Trails, Restaurants, Cafes, Grocery Stores, TTC, And Everyday Amenities. Minutes To Financial District, Union Station, Sugar Beach, Canary District, And Easy Access To Gardiner Expressway And DVP. Excellent Building Amenities Include 24-Hr Concierge, Modern Lobby, Gym, Party Room, Rooftop Terrace, Visitor Parking, And More. Perfect Opportunity For First-Time Buyers, Young Professionals, Or Investors Looking For Exceptional Downtown Convenience And Lifestyle Living. Tenant will move out in Aug. Motivated Seller!

Details

Type
Condo Apartment
Style
Apartment
Age
0-5 years
Size
500-599 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$2,986 (2025)
Maintenance fee
$300/month
Neighbourhood
Waterfront Communities C8
Municipality
Toronto C08
Price per sq ft
$997 (11% above condo apartments in Waterfront Communities C8, $901)
Fee per sq ft
$0.55/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 4-piece (flat), 1 × 3-piece (flat)
Rooms
4 above ground + 1 below
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete
Age
0-5 years

Condo

Monthly fee
$300
Fee includes
Common Elements Included
Balcony
Open
Exposure
East
Pets
Yes-with Restrictions
Property manager
Icon Property Management

More

Possession
August
Cross street
Front St E/ Lower Sherbourn St

Rooms

RoomLevelSizeFeatures
Living RoomFlat5.2 × 3.2 m (17'1" × 10'6")Laminate, Combined w/Family, W/O To Balcony
Dining RoomFlat5.2 × 3.2 m (17'1" × 10'6")Laminate, Open Concept, Combined w/Living
KitchenFlat3.2 × 2.2 m (10'6" × 7'3")Stainless Steel Appl, Modern Kitchen, Open Concept
Primary BedroomFlat4.5 × 4.3 m (14'9" × 14'1")3 Pc Ensuite, Laminate, Large Window
DenFlat3.2 × 1.9 m (10'6" × 6'3")4 Pc Bath, Laminate

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 King Subway13 min walk
  • 🚇 Queen Subway16 min walk
  • 🚆 Toronto Union Station GO19 min walk

Within a 10-minute walk: 13 grocery stores, 178 cafés and restaurants, 24 parks, 15 pharmacies. Nearest grocery: Rabba (100 m). Nearest park: Time and Space Courtyard (50 m).

Schools nearby

Elementary

  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%
    3 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%
    4 min walk
  • Downtown Alternative School5 min walk
  • St. Paul Catholic School Catholic
    EQAO: Gr 6 reading 87%, math 50%
    13 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%
    13 min walk
  • Collège français French1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in St Lawrence-East Bayfront-The Islands (2025): about the Toronto average, down 13% from the year before.

  • Assault38% above average
  • Break and enterabout average
  • Auto theft89% below average
  • Robbery23% above average
  • Theft from vehicles23% below average
  • Shootings45% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 35 active

  • 231 RICHMOND ST E · 450 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.
    Application details
  • 31 PARLIAMENT ST · 500 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Stamdard Condominium for 427 units.
    Application details
  • 281 FRONT ST E · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Application to permit two residential towers (54 and 50 storeys) with 1,065 dwelling units and 643 square metres of retail space on the ground floor.
    Application details
  • 259 LAKE SHORE BLVD E · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Zoning By-law Amendment - Lifting of the H Symbol for 23 167778 STE 10 OZ, 25 231179 STE 10 OZ, and 26 149454 STE 10 OZ
    Application details
  • 259 LAKE SHORE BLVD E · 400 m
    Site Plan · Under Review · applied 2025
    Site plan application for Quayside Building 2, a 56 storey, 618 unit building to be delivered as part of the Quayside project. The proposed development…
    Application details
  • 298 KING ST E · 350 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan Application for a 42-storey (139.90 metres including mechanical penthouse) mixed-use building with 1,188 square metres of commercial uses at grade…
    Application details

40 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Distillery District 350 m
  • 🚧 Moss Park 600 m
  • 🚧 Queen 1.0 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway350 m
  • 🚆 Rail line (Union Station Rail Corridor)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Trees

78 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REALTRON REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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