$1,649,000
417 Sherbourne Street, Toronto C08, ON M4X 1K5
5 Beds
4 Baths
2 Parking
A Sure bet on Sherbourne! A glorious investment opportunity awaits via the epicenter of downtown vibrancy, at 417 Sherbourne Street. This solid, character filled detached property, is a well maintained multiplex with 4 units - 3-1 bedroom and 1-2 bedroom. It sits on a 30 ft frontage with private drive and detached garage. Just steps from lively Carlton St, Parliament St and Cabbagetown, this prime location offers unparalleled access to downtown Toronto, blending historic "Edwardian" charm with modern convenience. Enjoy immediate and easy TTC access - just 1 bus ride to either Sherbourne station or Sugar beach! This bustling neighborhood offers a bevy of cafes, restaurants and shops. Only minutes to UofT, TMU, Eaton Centre and Church/Wellesley Village. Experience exceptional walkability - a 97 walk score - and easy commutes surrounded by Greenspace, Allan Gardens, Riverdale Farm and interspersed, serene parks. Ideally positioned in an evolving and high demand area with rapidly appreciating property values. Come invest for the long haul and experience the best of both worlds - historic significance and a thriving downtown pulse!

Property Summary

Property Type Residential Freehold
Property Sub Type Multiplex
Transaction Type For Sale
Style 3-Storey
Bedrooms Above Grade 4
Bedrooms Below Grade 1
Bathrooms 4
Kitchens 4
Basement Apartment
Exposure East
Possession TBD

Building

Building Type Multiplex
Square Footage 2500-3000
Exterior Brick
Foundation Concrete Block
Roof Shingles
Heating Radiant
Heat Source Gas
Cooling Wall Unit(s)
Fireplace No

Measurements

Lot Size 30 x 118.29
Lot Size Units Feet
Frontage 30
Depth 118.29
Total Living Area 2500-3000

Land

Address 417 Sherbourne Street, Toronto C08, ON M4X 1K5
City Toronto C08
Community Cabbagetown-South St. James Town
County / Area Toronto
Cross Street Sherbourne St. and Carlton St.
Sewer Sewer
Pool None
Parcel Number 210870090

Parking and Garage

Total Parking 2
Garage Spaces 0
Garage Type Detached
Parking Features Available

Taxes and Listing Info

List Price $1,649,000
Annual Taxes $10,934
Tax Year 2025
Status Active
Listing Date 2026-05-14T15:02:11Z
Updated 2026-05-26T22:10:32Z
MLS Number C13127772
Local Market Insight

What Buyers Should Know About 417 Sherbourne Street, Toronto C08, ON M4X 1K5

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

417 Sherbourne Street, Toronto C08, ON M4X 1K5 is positioned in Cabbagetown-South St. James Town, a part of Toronto C08 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 3-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Multiplex should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Sherbourne St. and Carlton St., public transit options, parking availability, and drive times to employment areas. A property with 2 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,649,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 5 bedrooms, 4 bathrooms, basement details marked as Apartment, and a lot size of 30 x 118.29, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C08, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Cabbagetown-South St. James Town. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 417 Sherbourne Street, Toronto C08, ON M4X 1K5, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.