MLS® listing
80 Sherbourne Street 106: common element condo for sale
$1,775,000
From the listing brokerage
Unique mixed-use space at 80 Sherbourne Street in the heart of downtown Toronto. Bright and versatile layout featuring high ceilings, industrial-style details and large windows bringing in plenty of natural light throughout. The space includes a large open studio currently used as a yoga studio, two smaller private rooms, two washrooms, a kitchenette and laundry area, offering flexibility for a variety of professional, wellness, studio or creative uses. Two separate entrances provide convenient access, including direct street access from Sherbourne Street and a second entrance through the building's main lobby. Located just steps from King Street East, with easy access to transit and the surrounding shops, restaurants and amenities.
Facts on the listing
| Square feet | 1400-1599 |
|---|---|
| Approximate age | 51-99 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 10 |
| Maintenance fee | $1,302 |
| Property tax | $5,693 |
| Tax year | 2025 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included |
| Balcony | None |
| Laundry | Ensuite |
| Parking | Surface |
| Interior features | None |
| Features | Public Transit |
| Floor | 1 |
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® C13848714.
About this common element condo
80 Sherbourne Street 106 is a 1 bedroom common element condo in TRREB's Moss Park community in Toronto, listed for sale at $1,775,000. The listing shows 2 bathrooms and 1400-1599 square feet. The style is given as apartment. The unit faces south east. It comes with 1 parking space, an underground garage and a locker (exclusive) according to the listing. The nearest main intersection given is Adelaide St E and Sherbourne St. The age is listed as 51-99 years.
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 80 Sherbourne Street 106
At the asking price of $1,775,000, 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 | $1,775,000 |
|---|---|
| Ontario land transfer tax | $31,975 |
| Toronto municipal land transfer tax | $31,975 |
| Both taxes | $63,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $355,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. 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 | $1,302 a month |
|---|---|
| Property tax (2025) | $5,693 a year, about $474 a month |
| Fee and tax together | about $1,777 a month |
The listing says the maintenance fee includes cac, common elements, heat, building insurance, parking and water. 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 80 Sherbourne Street 106
How much is land transfer tax on 80 Sherbourne Street 106?
At the asking price of $1,775,000 the Ontario tax is $31,975 and the Toronto tax is $31,975, $63,950 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 80 Sherbourne Street 106?
$355,000 at the asking price of $1,775,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 80 Sherbourne Street 106?
The listing shows $1,302 a month, including cac, common elements, heat, building insurance, parking and water. Check the current fee in the status certificate.
How much is the property tax on 80 Sherbourne Street 106?
The listing shows $5,693 a year for 2025, about $474 a month.
How do I book a showing for 80 Sherbourne Street 106?
Use the form on this page or call us. Quote MLS® C13848714. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 80 Sherbourne Street 106 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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