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MLS® C14136792For SaleCondominium

233-121 Lower Sherbourne St

Moss Park, Toronto, Ontario M5A 1E7

1 / 36
233-121 Lower Sherbourne St, Toronto, photo 1
Asking$574,900
Bedrooms
2
Bathrooms
2
Size
600–699sq ft
Per sq ft
$885at the range’s middle
Tax a year
$3,0512026 tax year
Built
0-5
Parking
0none
Days on market
Members

The brief

About 233-121 Lower Sherbourne St

233-121 Lower Sherbourne St is a 2-bedroom, 2-bathroom condo in Moss Park, Toronto, listed for sale at an asking price of $574,900 (MLS® C14136792).

Welcome to Time & Space Condos, Urban living in Toronto's St Lawrence & Distillery waterfront community, this 675 sqft 2-bedroom & 2-bath unit has premium laminate flooring & 9ft ceilings throughout. Kitchen includes upgraded quartz countertops w/built-in stainless steel Whirlpool appliances. Equipped with Cyber suite security system, large balcony & plenty of building amenities (Concierge, party, games & media room, yoga studio, gym, pool & outdoor patio). Just Moments from the Entertainment and Financial Districts, Distillery District, St Lawrence Market, Sugar Beach, Parliament Square, Princess St Park, 14 min walk to Union Station, easy access to downtown shopping, grocery, dining & entertainment. Maintenance Fee includes Water, Heating, and Internet.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$800/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 84 condos 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
$3,051 / 2026
MLS® number
C14136792
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
600-699 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: KING REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Moss Park
Municipality
Toronto

Building

Size
600-699 sqft
Building Age
0-5
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 3pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Everything
Condo maint.
$573

Rooms

RoomSizeFeaturesLevel
Living2.717 × 3.835 m—Main
Kitchen2.413 × 3.251 m—Main
Br2.743 × 2.515 m—Main
2nd Br2.768 × 3.302 m—Flat

Listing history

Buy/sell history for 233-121 Lower Sherbourne St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$574,900N/AFor SaleC14136792

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $114,980

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
$114,980
Total mortgage amount
$459,920
Total interest payment
$326,980
Total purchase cost
$901,880
Mortgage payment
$2,623/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

44%

Monthly carrying cost

$3,450
−$800per month
  • Rent $2,650
  • Shortfall $800

Rental income opens at $2,650, the median asking rent of 84 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
$7,973
Toronto municipal land transfer tax
$7,973
Total land transfer tax
$15,946
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$7,471
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 $574,900
$3,498
Ontario total
$7,973

Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,973.

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.

18 records · 12 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 2.4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 34,600 sq ft94 building permits issued within 250 m in the last 2 years18 open development applications within 250 mNearest airport: 2.6 kmNearest rail line: 340 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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 m68 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 2.4 m below ground nearbyThe middle water level in the well records within 500 m (577 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
  • 94 building permits issued within 250 m in the last 2 years250 m
  • 18 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 2.6 km2.6 km
  • Mapped parcel: about 34,600 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: 340 m340 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
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 910 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • 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

569-2013

Municipality

Toronto
Commercial Residential zone (CR)
  1. 1 x339

    Site-specific exception 339: this site has rules of its own, written in the by-law.

  2. 2 SS1

    Standards set 1: the setback, height and coverage rules the by-law applies to this zone.

  3. 3 Where this is written

    Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(339)

  4. 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

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 254 KING ST ESite planUnder Review

    Site Plan Approval for two mixed-use towers having heights of 38 and 40 storeys. The proposed non-residential gross floor area is 5,490 square metres, and the proposed residential gross floor area is 62,695 square metres. A total of 819 rental dwelling units are proposed.


    170 m away

  • 254 KING ST EPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 5 development blocks.


    170 m away

  • 157 PRINCESS STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 5 development blocks.


    170 m away

  • 157 PRINCESS STSite planUnder Review

    Site Plan Approval for two mixed-use towers having heights of 38 and 40 storeys. The proposed non-residential gross floor area is 5,490 square metres, and the proposed residential gross floor area is 62,695 square metres. A total of 819 rental dwelling units are proposed.


    170 m away

  • 256 KING ST ESite planUnder Review

    Site Plan Approval for two mixed-use towers having heights of 38 and 40 storeys. The proposed non-residential gross floor area is 5,490 square metres, and the proposed residential gross floor area is 62,695 square metres. A total of 819 rental dwelling units are proposed.


    180 m away

  • 256 KING ST EPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 5 development blocks.


    180 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
151
Median asking price
$550K

Middle half: $452K to $795K

New in 7 days
14

51 in 28 days

Price cuts
13%

19 listings

This home is asking 5% above the median.

See all homes in Moss Park

Asking 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

Transit nearby

StationLinesDistance
King StationTTC subway: Line 1 Yonge-University850 m
Queen StationTTC subway: Line 1 Yonge-University1 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.1 km
TMU StationTTC subway: Line 1 Yonge-University1.3 km
St Andrew StationTTC subway: Line 1 Yonge-University1.4 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

ElementaryTypeDistanceEQAO average 2024–25
Market Lane Junior and Senior Public SchoolToronto DSBPublic · grades JK–8250 m78%Grade 6 average
St Michael Catholic SchoolToronto CDSBCatholic · grades JK–8300 m65%Grade 6 average
St Paul Catholic SchoolToronto CDSBCatholic · grades JK–8800 m72%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–6800 m96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Inglenook Community SchoolToronto DSBPublic · grades 9–12750 m—
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–121 km96%Grade 9 math
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–121.6 km86%Grade 9 math
Native Learning CentreToronto DSBPublic · grades 9–121.8 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

Similar Active Listings

Recently sold nearby

Sold prices in Moss Park are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson