500 Sherbourne St, Toronto

We have found 6 Houses that closely match the specifications of the property located at 500 Sherbourne St with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 599,000 and 788,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the M4X1L1 postal code area of Toronto Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 500 Sherbourne St. The current price of the property is $575,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $460,000. This would result in a monthly mortgage payment of $2,689 over a 25-year amortization period.