43.6506° N · 79.3572° W — Waterfront Communities C8, Toronto — MLS® #C13849788
2805-390 Cherry St
$499,999
Waterfront Communities C8, Toronto, Ontario M5A 0E2
- 1+1
- BedroomsBeds
- 1
- BathroomsBaths
- 500-599 sqft500-599
- SizeSq ft
Inquire about this listing
In short · from the listing record
2805-390 Cherry St is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $499,999 (MLS® C13849788).
Welcome to this beautifully appointed 1 + den suite at The Gooderham, ideally located at 390 Cherry Street in Toronto's iconic Distillery District. This east-facing residence captures serene morning light and offers a calming lake view backdrop, bringing a rare sense of openness to downtown living. Complete with one parking space and an EV charging add-on available, it's urban convenience without compromise. Inside, the thoughtfully designed layout maximizes every square foot. The functional den works beautifully as a home office, study space, while the semi-ensuite bathroom provides practical, seamless access. Modern touches throughout create a clean, contemporary feel, complemented by an upgraded premium stacked laundry set. Residents enjoy access to high-end amenities, including an outdoor pool and a fully equipped indoor gym, supporting an active and balanced lifestyle. With George Brown College just minutes away, the location adds flexibility and appeal for endusers and investors alike. Surrounded by historic architecture, boutique cafes, acclaimed restaurants, and waterfront trails, this is a stylish opportunity to own in one of Toronto's most vibrant and walkable communities.
Listing readings
How it measures up
Scores from the listing record and the market around it.
71Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
51Near break-even
Cash flow quality
−$293/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 84 condos with 2 bedrooms for lease in Waterfront Communities C8 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $2,820 / 2025
- MLS® number
- C13849788
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Time on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Listing activity for 2805-390 Cherry St, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,999 | N/A | For Sale | C13849788 |
Inside
Room by room
From the listing.
- Living3.65 × 1.68 mEast View, W/O To Balcony, Open Concept
- Dining3.65 × 5.01 mCombined W/Kitchen, Open Concept, East View
- Kitchen3.65 × 5.01 mModern Kitchen, Quartz Counter, Laminate
- Primary2.86 × 3.05 mSemi Ensuite, Closet Organizers, Laminate
- Den1.03 × 1.68 mLaminate
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 11-15
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 1.7 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.8 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.9 km |
| TMU Station | TTC subway: Line 1 Yonge-University | 2 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 2.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Condo Apt in Waterfront Communities C8
Active listings only, today.
Condos for sale in Waterfront Communities C8 right now
- For sale now
- 190
- Median asking price
- $579K
- New in 7 days
- 21
- Price cuts
- 21%
Middle half: $499K to $794K
80 in 28 days
39 listings
This home is asking 14% below the median.
See all homes in Waterfront Communities C8Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineNone foundNot found on the Heritage Register
- Heritage and ravineNone foundNot in a mapped Heritage Conservation District
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningCR SS2 (x344)Commercial Residential zone (CR) · Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(344)
- Permits23 clearedBuilding Permit Related(MS) Issued July 19, 2023 · Building Permit Related(PS) Issued June 20, 2023 · Interior Alterations Issued June 19, 2023 · Building Permit Related(PS) Issued June 19, 2023 · Building Permit Related(MS) Issued June 19, 2023 · Interior Alterations Issued June 19, 2023 · Interior Alterations Issued August 16, 2021 · Interior Alterations Issued April 6, 2021
- Signals nearby6 to note125R MILL ST, Site plan, 30 m away · 370 CHERRY ST, Plan of subdivision, 60 m away · 370 CHERRY ST, Site plan, 60 m away · 370 R CHERRY ST, Plan of subdivision, 190 m away · 370 R CHERRY ST, Site plan, 190 m away · 31 R PARLIAMENT ST, Plan of subdivision, 290 m away
None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $6,475
- Toronto municipal land transfer tax
- $6,475
- Total land transfer tax
- $12,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,999
- $2,000
- Ontario total
- $6,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,475.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- Market Lane Junior and Senior Public SchoolToronto DSBPublic · grades JK–878%Grade 6 average600 m
- St Paul Catholic SchoolToronto CDSBCatholic · grades JK–872%Grade 6 average650 m
- Nelson Mandela Park Public SchoolToronto DSBPublic · grades JK–856%Grade 6 average900 m
- École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–696%Grade 6 average1.4 km
SecondaryGrade 9 math 2024–25
- Inglenook Community SchoolToronto DSBPublic · grades 9–12—400 m
- St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–1296%Grade 9 math1.8 km
- Eastdale Collegiate InstituteToronto DSBPublic · grades 9–12—1.8 km
- Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math2.1 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$3,193
- Mortgage$2,282
- Property tax$235
- Condo or maintenance fee$676
A planning figure, not a quote.
Land transfer tax
$12,950
$4,475 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$2,900
a month, median asking rent of 84 similar homes in Waterfront Communities C8.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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