390 Cherry St #3408, Toronto

Name: 390 Cherry Street, Unit 3408
SKU: C13784428
Price: 999998 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 3408 at 390 Cherry Street

CORNER SUB-PENTHOUSE LIVING, REDEFINED**A rare opportunity to own a sophisticated corner suite with spectacular, unobstructed southwest views of Lake Ontario and the Toronto skyline. This bright and spacious 2-bedroom Signature Suite features a desirable split-bedroom layout, offering both privacy and comfort, along with a dedicated custom office area ideal for working from home. Thoughtfully designed and beautifully appointed, the residence showcases Brazilian hardwood flooring, custom built-ins and bespoke shelving, organized closets with additional storage, specialty lighting, elegant privacy blinds, and a refined kitchen and baths. The expansive wraparound balcony creates a private outdoor retreat, perfectly positioned to enjoy morning sunshine, open lake views and the city skyline. Ideally located with walking distance of the TTC, Distillery District, waterfront, Sugar Beach, Harbourfront, trails, restaurants and downtown amenities. A rare combination of elevated position, exceptional light, expansive views and thoughtful custom finishes in one of Toronto's most sought-after waterfront neighbourhoods.

2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $1,250 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 390 Cherry St #3408

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

390 Cherry St #3408 Price & Sale History

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

—ReducedPrice reducedThis listingMLS® C13784428−$49,902 (4.8%)$999,998
Sep 15, 2026For saleListedThis listingMLS® C13784428$1,049,900

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

What's it worth?

How 390 Cherry St #3408 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

Well Above Market· based on 16,043 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: $845,000
Average sold price: $1,086,963
Average days on market: 32
Homes sold: 9,294

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5101.9%On average, homes sold at or above asking.
Active listings11,989Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 5 – Aug 3, 2026: prices up.

Based on 9,294 sales from Aug 3 – Nov 1, 2026 (6,924 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

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.

See what these homes actually sold for

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 3408 — 390 Cherry Street 2 bd · 2 ba · 800 sqft	$999,998asking	$1,250	—	—
55 Harbour Square 2 bd · 2 ba · 1,200 sqft
23 Lorraine Drive 2 bd · 2 ba · 1,000 sqft
33 HARBOUR Square 2 bd · 2 ba · 1,400 sqft
153 Beecroft Road 2 bd · 2 ba · 900 sqft
1555 Finch Avenue 3 bd · 2 ba · 1,600 sqft
150 Heath Street 2 bd · 3 ba · 3,000 sqft

55 Harbour Square
2 bd · 2 ba · 1,200 sqft
23 Lorraine Drive
2 bd · 2 ba · 1,000 sqft
33 HARBOUR Square
2 bd · 2 ba · 1,400 sqft
153 Beecroft Road
2 bd · 2 ba · 900 sqft
1555 Finch Avenue
3 bd · 2 ba · 1,600 sqft
150 Heath Street
2 bd · 3 ba · 3,000 sqft

More in this building

4 for sale · 1 for rent at 390 Cherry St — plus its sale and lease history.

See all of 390 Cherry St

Living in Toronto: Location & Amenities

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

Transit nearby

Stations and stops, straight-line distance

King StationLine 11.7 km21 min walk
Queen StationLine 11.8 km23 min walk
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

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

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.

King Station
1.7 km21 minClosest· Line 1
Homes near King Station
Queen Station
1.8 km23 min· Line 1
Homes near Queen Station
Union Station
2.0 km25 min· Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express
Homes near Union Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 390 Cherry St #3408. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 390 Cherry St #3408

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

Mortgage: $4,913; 20% down · 25 years · 5.5% assumed
Property tax: $550; 0.66% mill rate · ON
Total per month: $5,463; 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

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

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

Affordability calculator

Estimated monthly payment

$4,913

/mo

based on the purchase price of $999,998

Down payment20%

$200,000 cash

Amortization25 yr

$799,998 financed

Rate5.50%

$673,808 total interest

Principal54%$799,998

Interest46%$673,808

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

Want rate-drop alerts and a saved shortlist?

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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Questions About 390 Cherry St #3408

How much is 390 Cherry St #3408 listed for?

390 Cherry St #3408 is listed at $999,998 (MLS® C13784428). Summitly updates the price as soon as the MLS® record changes.

Is $999,998 a good price for 390 Cherry St #3408?

Summitly rates it Well Above Market: the asking price is 15% or more above 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 390 Cherry St #3408 changed?

Yes — it was first listed at $1,049,900 and is now $999,998, a drop of $49,902 (4.8%).

How many bedrooms and bathrooms does 390 Cherry St #3408 have?

390 Cherry St #3408 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.

Is 390 Cherry St #3408 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 #3408?

About $4,913 a month — principal and interest on $999,998 with 20% down ($200,000), 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 #3408 compare with other homes in Toronto?

Its asking price of $999,998 is about 18% above the median sold price in Toronto over the last 90 days, $845,000, across 9,294 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 #3408 been sold before?

Summitly has no earlier MLS® sale or lease of 390 Cherry St #3408 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 390 Cherry St #3408?

390 Cherry St #3408 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 390 Cherry St #3408 been on the market?

47 days — 390 Cherry St #3408 was listed on September 15, 2026.

What is the price per square foot of 390 Cherry St #3408?

About $1,112 to $1,250 per square foot: the asking price of $999,998 over the 800–899 sq ft the listing gives as its size range.

Does 390 Cherry St #3408 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know