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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
$270
/mo
based on the purchase price of $55,000
$11,000 cash
$44,000 financed
$37,060 total interest
Principal54%$44,000
Interest46%$37,060
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.
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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.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5121.8%On average, homes sold at or above asking.
Active listings12,625Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 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
5 for sale · 1 for rent at 390 Cherry St — plus its sale and lease history.
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express2.0 km25 min walk
Loading schools, parks, groceries and more nearby…
Transit
King Station (Line 1)21 min walk
Queen Station (Line 1)23 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)25 min walk
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
390 Cherry St #G491 is listed at $55,000 (MLS® C13247376). Summitly updates the price as soon as the MLS® record changes.
Has the price of 390 Cherry St #G491 changed?
Yes — it was first listed at $60,000 and is now $55,000, a drop of $5,000 (8.3%).
How many bedrooms and bathrooms does 390 Cherry St #G491 have?
The listing for 390 Cherry St #G491 doesn't publish its bedroom and bathroom count. It is a parking space in Toronto.
Is 390 Cherry St #G491 close to transit?
The nearest rapid-transit station is King Station (Line 1), about 1.7 km (about a 21-minute walk) in a straight line. Queen Station is about 1.8 km (about a 23-minute walk), and Union Station is about 2.0 km (about a 25-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 390 Cherry St #G491?
About $270 a month — principal and interest on $55,000 with 20% down ($11,000), 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 390 Cherry St #G491 compare with other homes in Toronto?
Its asking price of $55,000 is about 93% below the median sold price in Toronto over the last 90 days, $842,000, across 9,257 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 390 Cherry St #G491 been sold before?
Summitly has no earlier MLS® sale or lease of 390 Cherry St #G491 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 390 Cherry St #G491?
390 Cherry St #G491 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 390 Cherry St #G491 been on the market?
151 days — 390 Cherry St #G491 was listed on June 5, 2026.
Does 390 Cherry St #G491 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
What is the land transfer tax on 390 Cherry St #G491?
About $550 at the asking price of $55,000: $275 Ontario land transfer tax plus $275 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 390 Cherry St #G491 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.