MLS® listing
90 Sherbourne Street 407: common element condo for sale
$999,900
From the listing brokerage
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.
Facts on the listing
| Square feet | 1400-1599 |
|---|---|
| Style | Loft |
| Basement | None |
| Parking spaces | 1 |
| Garage | Surface |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,548 |
| Property tax | $5,310 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | None |
| Laundry | Ensuite |
| Parking | Surface |
| Interior features | Brick & Beam, Carpet Free |
| Floor | 04 |
Listing courtesy of PSR. MLS® C13819816.
About this common element condo
90 Sherbourne Street 407 is a 2 bedroom common element condo in TRREB's Moss Park community in Toronto, listed for sale at $999,900. The listing shows 1 bathroom and 1400-1599 square feet. The style is given as loft. The unit faces south east. It comes with 1 parking space, a surface garage and a locker (exclusive) according to the listing. The nearest main intersection given is Adelaide St East and Sherbourne.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 90 Sherbourne Street 407
At the asking price of $999,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $999,900 |
|---|---|
| Ontario land transfer tax | $16,473 |
| Toronto municipal land transfer tax | $16,473 |
| Both taxes | $32,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $74,990 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,548 a month |
|---|---|
| Property tax (2026) | $5,310 a year, about $442 a month |
| Fee and tax together | about $1,991 a month |
The listing says the maintenance fee includes heat, water, cac, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 90 Sherbourne Street 407
How much is land transfer tax on 90 Sherbourne Street 407?
At the asking price of $999,900 the Ontario tax is $16,473 and the Toronto tax is $16,473, $32,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 90 Sherbourne Street 407?
$74,990 at the asking price of $999,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 90 Sherbourne Street 407?
The listing shows $1,548 a month, including heat, water, cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 90 Sherbourne Street 407?
The listing shows $5,310 a year for 2026, about $442 a month.
How do I book a showing for 90 Sherbourne Street 407?
Use the form on this page or call us. Quote MLS® C13819816. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 90 Sherbourne Street 407 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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