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Condo ApartmentListed 24 days ago

$579,000

390 Cherry Street 2509, Toronto, ON M5A 0E2

Waterfront Communities C8 · Toronto · M5A 0E2

Listing brokerage: ICI SOURCE REAL ASSET SERVICES INC.

Beds
2
Baths
1
Sq ft
600–699
Parking
0

Monthly costs

Maintenance

$683/mo

$1.05 per sq ft

Property taxes

$251/mo

$3,016 a year (2026)

About $934 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Building Insurance
  • Covered: Common Elements
  • Not covered: Hydro
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
South
Parking
None
Locker
None
Balcony
Open
Laundry
Ensuite
Possession
Dec 14, 2026

The building

The Gooderham

390 Cherry St · Distillery District

  • 5 for sale
  • 3 for rent
  • 36 floors

About this home

Welcome to this bright and beautifully maintained one-bedroom plus large den at Gooderham in Toronto's sought-after Distillery District. Enjoy stunning south-facing lake views, abundant natural light, and an extra-large full-width balcony-perfect for relaxing or entertaining. The den has a door and can be used as a second bedroom, home office, or guest room. Features include engineered wood flooring, extra built-in storage, neutral finishes, solar blinds, stainless steel appliances, and immaculate move-in condition. Enjoy 5-star amenities in a well-managed building, including a salt-water pool, sauna, gym, yoga room, party room with catering kitchen, guest suites, and 24-hour concierge. Electric BBQs are permitted. Live in the heart of the Distillery District, with cafés, restaurants, boutiques, galleries, shops, art, entertainment, and historic cobblestone streets right outside your door. *For Additional Property Details Click The Brochure Icon Below*

All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Rooms
3
Den / family room
Yes
Size
600-699 sq ft

Features

  • Carpet Free
  • Wheelchair Access

Building & Amenities

Floor
25
Property management
ICC Property Management Ltd.

Amenities

  • BBQs Allowed
  • Concierge
  • Exercise Room
  • Gym
  • Guest Suites
  • Game Room

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
0

Features

  • Underground

Exterior & Lot

Style
Apartment
Exterior
Concrete

Taxes & Fees

HST
Not Subject to HST

Listing

MLS® number
C13807934
Type
Condo Apartment
Transaction
For Sale
Original price
$580,000
Neighbourhood
Waterfront Communities C8
Cross streets
Cherry Street and Mill Street
Rooms · 4Bedroom, Den, Living Room, Washroom
  • Bedroom

    Main

    3.18 × 3.51 m · 10′5″ × 11′6″

  • Den

    Main

    3.18 × 2.74 m · 10′5″ × 9′0″

  • Living Room

    Main

    3.51 × 7.95 m · 11′6″ × 26′1″

  • 4-piece washroom

History

Past listings and sales for this home and building.

Location

390 Cherry Street 2509, Toronto, ON M5A 0E2 · Near Cherry Street and Mill Street

Monthly cost

Estimated monthly cost

$3,498/mo

Mortgage
$2,564
Property tax
$251
Maintenance
$683
Down payment$115,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$134,305

$115,800 down + $18,505 to $19,755 in closing costs

Ontario land transfer tax
$8,055
Toronto land transfer tax
$8,055
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$149
Condo fee adjustment
$397

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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$579,000

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