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New2 hours ago

1708 - 390 Cherry Street

Waterfront Communities C8, Toronto

$620,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to Suite 1708 at 390 Cherry St., a spectacular south-facing 1+1 bedroom residence in the heart of Toronto's vibrant Distillery District. One of The Gooderham building's larger 1+1 layouts, this beautifully appointed suite offers a wide, functional floor plan, abundant natural light, and breathtaking views toward Lake Ontario. The newly renovated kitchen is a standout, featuring quartz countertops, stainless steel appliances, ample cabinetry, a large centre island, and a sophisticated two-tone colour scheme. Overlooking the open-concept living and dining areas, it creates an ideal space for both everyday living and entertaining. A custom-built entertainment centre elegantly separates the two spaces, while floor-to-ceiling windows showcase spectacular southern views. Step outside to your spacious balcony and take in the panoramic lake vistas. The generous primary bedroom features a large closet and convenient semi-ensuite access to the modern 4-piece bathroom. Hardwood flooring flows throughout creating a fresh carpet free environment. Includes ensuite stacked laundry, one parking space and one locker. Enjoy an exceptional lifestyle with an impressive collection of amenities, including an outdoor pool, hot tub, sauna, fitness centre, yoga/pilates studio, newly renovated party room, billiards lounge, media lounge, boardroom, guest suites and more. Perfectly positioned in Toronto's iconic Distillery District, you're steps from acclaimed restaurants, boutique shops, galleries, cafés and the renowned annual Christmas Market. Explore nearby Corktown, St. Lawrence Market, the waterfront, Cherry Beach and Lake Ontario, with transit at your doorstep and the future Ontario Line Distillery District Station adding even greater connectivity. Easy access to the Gardiner Expressway and DVP makes commuting throughout the city effortless. A rare opportunity to enjoy sophisticated urban living in one of Toronto's most sought-after neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$721
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,292
mls© NumberC13844046
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,173
Property tax
$274
Heat allowance
$150
Condo fees, half counted
$360
Housing costs
$3,958 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $124,000
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$124,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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