- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 1,400–1,599sq ft
- Per sq ft
- $626at the range’s middle
- Tax a year
- $5,3102026 tax year
- Parking
- 1surface
- Days on market
- Members
The brief
About 407-90 Sherbourne St
407-90 Sherbourne St is a 1+1-bedroom, 1-bathroom condo in Moss Park, Toronto, listed for sale at an asking price of $939,000 (MLS® C14150542).
Welcome to Imperial Lofts! Where Toronto's industrial past meets its Imperial future! Constructed in 1910 and home to the Imperial Optical Company in its early years, and used as a warehouse for various manufacturers through the mid century, this historic building was thoughtfully converted into authentic loft residences in 1997 while preserving its remarkable architectural details- the dramatic arched mullioned windows and the original manually operated elevator cab that still welcomes residents and guests today. 407 holds one of the building's coveted southeast corner spots! Inside this suite history and design converge. Soaring 10.5-ft ceilings, original hardwood floors recently restored with care and precision, authentic century-old red brick walls, original Douglas Fir timber beams work together to define this timeless industrial space. Wrapped in natural light from its coveted southeast exposure, this loft enjoys clear views over the neighbouring heritage art deco building, creating a sense of openness that mixes beautifully with its vintage features. With over 1400sqft of living space, the flexible guest suite/home office can be closed in if one chooses while still preserving the expansive feel of the open-concept layout. Complete with a shared rooftop terrace with BBQs, this is authentic loft living in the heart of Toronto-just steps to St. Lawrence Market, the Distillery District, the King East Design District, cafes, acclaimed restaurants, King & Queen streetcars, and the future Ontario Line. A home with history. A space with soul. A loft that's effortlessly cool.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$3,674/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 97 homes with 2 bedrooms for lease in Moss Park right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,310 / 2026
- MLS® number
- C14150542
- Board
- TRREB MLS®
- Property Type
- Comm Element Condo
- Days on market
- Size
- 1400-1599 sqft
- Listed on
- Parking
- Surface, 1 Parking
Property details
Property
- Property Type
- Comm Element Condo
- Style
- Loft
- Community
- Moss Park
- Municipality
- Toronto
Building
- Size
- 1400-1599 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Surface
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Washing Machine/Dryer Combo (AS IS), IKEA PAX system, all Electrical Light Fixtures, All Window Coverings & all permanent fixtures.
- Condo maint.
- $1,548
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 407-90 Sherbourne St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $939,000 | N/A | For Sale | C14150542 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $187,800
- Total mortgage amount
- $751,200
- Total interest payment
- $534,000
- Total purchase cost
- $1,473,000
- Mortgage payment
- $4,284/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
89%Monthly carrying cost
$6,274- Rent $2,600
- Shortfall $3,674
Rental income opens at $2,600, the median asking rent of 97 comparable homes for lease in Moss Park. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $15,255
- Toronto municipal land transfer tax
- $15,255
- Total land transfer tax
- $30,510
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $22,035
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $939,000
- $10,780
- Ontario total
- $15,255
Toronto’s municipal tax uses the same brackets at this price, so it adds another $15,255.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m111 test or monitoring holes also recorded.250 m
- Groundwater recorded about 1.5 m below ground nearbyThe middle water level in the well records within 500 m (510 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 97 building permits issued within 250 m in the last 2 years250 m
- 35 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 2.8 km2.8 km
- Mapped parcel: about 22,870 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 650 m650 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR SS1 (x339)By-law
569-2013Municipality
Toronto1 x339
Site-specific exception 339: this site has rules of its own, written in the by-law.
2 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
3 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(339)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
2 building permits cleared at this address in the City’s file.
Building Permit Related(PS)Closed
Plumbing - Interior alterations to unit 202 - Conversion of existing laundry room into new additional bathroom with new fixtures.
Issued November 29, 2019
Interior AlterationsClosed
Interior alterations to unit 202 - Conversion of existing laundry room into new additional bathroom with new fixtures.
Issued November 28, 2019
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
348 RICHMOND ST ESite planUnder Review
Site Plan Approval for a 25-storey mixed-use building having a non-residential gross floor area of 24,936 square metres, and a residential gross floor area of 35,803 square metres. A total of 446 residential dwelling units, and 180 vehicle parking spaces are proposed.
100 m away120 SHERBOURNE STSite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
120 m away122 SHERBOURNE STSite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
130 m away134 SHERBOURNE STSite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
150 m away227 QUEEN ST ESite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
160 m away229 QUEEN ST ESite planAppeal Received
Proposed 38-storey mixed-use building containing 355 dwelling units and 455 square metres of retail space.
160 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Moss Park right now
- For sale now
- 6
- Median asking price
- $849K
- New in 7 days
- 2
- Price cuts
- 0%
Middle half: $534K to $939K
3 in 28 days
0 listings
This home is asking 11% above the median.
See all homes in Moss ParkAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 850 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 850 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.2 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 450 m | 96%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 78%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 550 m | 65%Grade 6 average |
| St Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 72%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 750 m | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 800 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.3 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.5 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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