CondoOn market 49 days

121 Lower Sherbourne St #946, Toronto

Name: 121 Lower Sherbourne Street, Unit 946
SKU: C13764504
Price: 519000 CAD
Availability: InStock

Toronto, ON · M5A 0W8 · MLS® C13764504Updated October 28, 2026

$519,000Est. $2,550/mo mortgage

Bedrooms: 1
Bathrooms: 2
Living space: 500–599sq ft

Type Condo
Garage Yes
Basement None

What you should know

121 Lower Sherbourne St #946 is a 1-bedroom, 2-bathroom condo in Toronto, listed for $519,000. It has 500-599 sq ft of living space.

Beautiful 1-bedroom + den, 2-bathroom suite with an east-facing balcony at Time and Space Condos by Pemberton!
Residents enjoy exceptional amenities including an infinity-edge outdoor pool, rooftop cabanas, fully equipped gym, yoga studio, games and media rooms, theatre room, party lounge, and outdoor BBQ terrace.
Conveniently located at Front St E & Lower Sherbourne, just steps to transit, St.

Ask Zara:

1 Bed, 2 Bath Condo in Toronto

Unit 946 at 121 Lower Sherbourne Street

Beautiful 1-bedroom + den, 2-bathroom suite with an east-facing balcony at Time and Space Condos by Pemberton! This well-planned home offers 575 sq. ft. of efficient living space plus a 61 sq. ft. balcony, featuring an open-concept layout, a bright living room with walkout to the balcony, and a versatile den that can be used as a bedroom, guest room, or home office. Residents enjoy exceptional amenities including an infinity-edge outdoor pool, rooftop cabanas, fully equipped gym, yoga studio, games and media rooms, theatre room, party lounge, and outdoor BBQ terrace. Conveniently located at Front St E & Lower Sherbourne, just steps to transit, St. Lawrence Market, the Distillery District, waterfront, shopping, dining, and everyday essentials, with easy access to Union Station and downtown. A modern, functional suite offering excellent convenience and easy access to downtown amenities and transit.

1 bedroom, 2 bathrooms, about 500 sq ft, works out to roughly $1,038 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 121 Lower Sherbourne St #946

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 500-599 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

121 Lower Sherbourne St #946 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

LeasedPreviously listedMLS® C13809856View listing (opens in a new tab)
Sep 9, 2026For saleListedThis listingMLS® C13764504$519,000
LeasedPreviously listedMLS® C12348182View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 121 Lower Sherbourne St #946 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 16,089 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,080,846
Average days on market: 31
Homes sold: 9,504

Closed sales on the TRREB MLS®.

Full Toronto market report

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 946 — 121 Lower Sherbourne Street 1 bd · 2 ba · 500 sqft	$519,000asking	$1,038	—	—
195 McCaul Street 1 bd · 1 ba · 600 sqft
725 King Street 1 bd · 1 ba · 600 sqft
500 Wilson Avenue 2 bd · 2 ba · 500 sqft
28 Empress Avenue 2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive 2 bd · 1 ba · 700 sqft
30 Nelson Street 1 bd · 1 ba

195 McCaul Street
1 bd · 1 ba · 600 sqft
725 King Street
1 bd · 1 ba · 600 sqft
500 Wilson Avenue
2 bd · 2 ba · 500 sqft
28 Empress Avenue
2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive
2 bd · 1 ba · 700 sqft
30 Nelson Street
1 bd · 1 ba

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 121 Lower Sherbourne St #946

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,550; 20% down · 25 years · 5.5% assumed
Property tax: $285; 0.66% mill rate · ON
Total per month: $2,835; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

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Estimated monthly payment

$2,550

/mo

based on the purchase price of $519,000

Down payment20%

$103,800 cash

Amortization25 yr

$415,200 financed

Rate5.50%

$349,707 total interest

Principal54%$415,200

Interest46%$349,707

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: RE/MAX CONDOS PLUS CORPORATION, BrokerageMLS® C13764504 · Listing data last updated October 28, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 8· $1,038/sq ft

Estimated monthly mortgage$2,550/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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