500 Sherbourne Edit Building

Identification

Also known as - The 500 on Sherbourne

Approximate Address - 500 Sherbourne [map]

City - Toronto, Ontario, Canada

Region - Greater Golden Horseshoe

Nearby Buildings - Wellesley Central Residences, The Edmonton, 195 Wellesley Street East, 197 Wellesley Street East, The Wellsdale, Wellesley Square, The Calgary, Steam Plant Lofts, Sherbourne Towers, The Star of Downtown

Technical

Type - High-Rise

Designation - Condominium

Status - Excavation

Height - 106m349feet

Floors - 34

Units - 340 suites

Suites - From 56m²613feet² to 232m²2500feet²

Total Floorspace - 32289m²347556feet²

Residential - 32289m²347556feet²

Companies

Architect - Northgrave Architect Inc.

Developer - Times Group Corporation

Real Estate Broker - Milborne Real Estate Inc.

Site development consists of a 34 storey tower, and two stacked townhouse buildings of 20 and 24 units.

Building Record History

2008-03-15

Reference Material

Contributors: Khristopher Ranger, Mark Simpson, Rod Taylor, Tipharah Lavigne

• "Time is of the essence". (2007, 1 October). Condo Guide: :134.

  Spacious designs include condos, lofts and townhouse lofts, in one-bedroom, one-bedroom-plus-den, two-bedroom, and three bedroom designs up to 2500 sq.ft.

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• "CondoGuide - The GTA Edition". (2007, 6 August). HomeGuides.ca: :4.

  Milborne Real Estate Inc. Exclusive Broker

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• Harness, Allison. (2006, 5 August). "Downtown sites for every budget". Toronto Star.

  THE 500 ON SHERBOURNE: On Sherbourne Ave., north of Wellesley St. Builder: Times Group. Corp. A 34-storey, 340-unit mostly glass building. Prices: from $180,300 for 592 sq. ft. to $550,100 for 1,365 sq. ft. Fees: 37 cents per sq. ft., plus hydro. Amenities: two party room, two guest suites, fully-equipped gym, games room, TV room, sauna and 24-hour concierge. Sales: just opened. Status: construction to start beginning of 2007. Occupancy: July 2009.

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• Harvey, I. John. (2004, 13 November). "Year-long hospital demolition Princess Margaret era ends". Toronto Star.

  The demolition of Princess Margaret Hospital marks the end of an era and the rebirth of another with a 34-storey condominium project and two blocks of stacked townhouses destined to change the face of the neighbourhood.

  In all, 379 homes will occupy the former hospital site at 500 Sherbourne St., ranging from a one-bedroom unit at 613 square feet to a 1,200-square-foot unit with two bedrooms and a den.

  Prices are not set yet, but should start at about $185,000. There are 335 high-rise units and two stacked townhouse buildings of 20 and 24 units.

  Demolition of the hospital has been underway for about a year, and foundation excavation should start early in 2005. Occupancy is slated for 2007.

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• "Final Report" [1.47MB]. City Hall.

• "Preliminary Report" [1.80MB]. City Hall.