121 Lower Sherbourne St #745 is a 1-bedroom, 2-bathroom condo in Toronto, listed for $509,000. It has 600-699 sq ft of living space.
1Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne St!
2This prime downtown location is just steps from the Distillery District, St.
3This bright and functional 1+Den, 2-Bath suite features an East exposure, private balcony, 9' smooth ceilings, and premium 7.5" wide laminate flooring.
Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne St! This prime downtown location is just steps from the Distillery District, St. Lawrence Market, TTC, and the waterfront. This bright and functional 1+Den, 2-Bath suite features an East exposure, private balcony, 9' smooth ceilings, and premium 7.5" wide laminate flooring. Enjoy an exceptional lifestyle with an impressive array of amenities, including an infinity-edge pool, rooftop cabanas, outdoor BBQ area, games room, fully equipped gym, yoga studio, party room, and more. A fantastic opportunity to live in one of Toronto's most vibrant and connected neighbourhoods!
1 bedroom, 2 bathrooms, about 600 sq ft, works out to roughly $848 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 #745
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 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 #745 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14156576$509,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 121 Lower Sherbourne St #745 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,501
/mo
based on the purchase price of $509,000
$101,800 cash
$407,200 financed
$342,969 total interest
Principal54%$407,200
Interest46%$342,969
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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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.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $509K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings12,336Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale at 121 Lower Sherbourne St — plus its sale and lease history.
How much is 121 Lower Sherbourne St #745 listed for?
121 Lower Sherbourne St #745 is listed at $509,000 (MLS® C14156576). Summitly updates the price as soon as the MLS® record changes.
Is $509,000 a good price for 121 Lower Sherbourne St #745?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 121 Lower Sherbourne St #745 changed?
No — 121 Lower Sherbourne St #745 is still listed at its original asking price of $509,000.
How many bedrooms and bathrooms does 121 Lower Sherbourne St #745 have?
121 Lower Sherbourne St #745 has 1 bedroom and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 121 Lower Sherbourne St #745?
About $2,501 a month — principal and interest on $509,000 with 20% down ($101,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 121 Lower Sherbourne St #745 compare with other homes in Toronto?
Its asking price of $509,000 is about 40% below the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 121 Lower Sherbourne St #745 been sold before?
Summitly has no earlier MLS® sale or lease of 121 Lower Sherbourne St #745 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 121 Lower Sherbourne St #745?
121 Lower Sherbourne St #745 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 121 Lower Sherbourne St #745 been on the market?
121 Lower Sherbourne St #745 was listed today (November 6, 2026).
What is the price per square foot of 121 Lower Sherbourne St #745?
About $728 to $848 per square foot: the asking price of $509,000 over the 600–699 sq ft the listing gives as its size range.
Does 121 Lower Sherbourne St #745 have parking or a garage?
Garage: Yes.
Does 121 Lower Sherbourne St #745 have a basement, and is it finished?
The listing says 121 Lower Sherbourne St #745 has no basement.
