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Highlights
Rent Special
Pet Friendly
Location
561 Sherbourne St, Toronto, ON M4X 0A1, CAN|Saint James Town
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Property Overview
561 Sherbourne earns a strong Zumper Expert Rating of 8.5 out of 10, highlighting its excellent value and trustworthiness with a score of 8 for transparency. The property features an impressive 10 out of 10 amenities rating and a 9 out of 10 for location, providing renters with convenient access to various points of interest. Additionally, it showcases its appeal with 16 photos and offers outdoor spaces, catering to pet-friendly living.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Great for
Pet owners
Floor plans
| 2 Bedroom | 2 bed | 1 bath | $2,650 /mo | 1 unit available | |||
| 3 Bedroom - 2 Bath | 3 bed | 2 bath | $3,700 /mo | 1 unit available |
Let's explore this property.
Amenities for 561 Sherbourne
Apartment Amenities
| Air Conditioning | Balcony |
| Central Air Conditioning | Ensuite Bathroom |
| Hardwood Floor | Heat |
| View | Walk-in Closet |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Stove |
Building
| Cats OK | Controlled Access |
| Controlled Bike Storage Room | Controlled Entrances |
| Dogs OK | Elevator |
| Fitness Center | Lounge/Library |
| Luxury Lobby | Multipurpose Room |
| Onsite Laundry | Recreation Room |
| Residents Lounge | Smoking Allowed |
| Theater Room | Wheelchair Accessible |
| Yoga Area |
Grounds
| Exercise Room | Garage Parking |
| On Site Retail/Commercial | Storage |
Services
| Concierge Service | On-Site Management |
| Security Patrols |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
Other
| Resident Referral Program |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Garage Lot
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 561 Sherbourne
Managed by Medallion Corporation
2 MONTHS FREE!! BOOK YOUR TOUR TODAY!! Welcome to 561 Sherbourne Street. We offer luxury one bedroom, two bedroom and three bedroom apartments. Spacious suites featuring open-concept designs, luxury plank laminate flooring, quartz countertops, floor to ceiling windows and stainless steel kitchen appliances are just some of the luxuries you will experience at 561. We are perfectly located within walking distance to all of life's conveniences. Enjoy the short stroll to the wonderful Bay \\ Bloor area and Sherbourne subway station, unique restaurants, boutiques and specialty shops. Freshco is steps outside your door! The fabulous Yorkville area, Riverdale Park, Community Centre and Public library all yours to experience! If you are a student of University of Toronto and Ryerson University this is the place for you! Neighborhood - TTC at your door. Short walk to Sherbourne or Castlefrank Subways - Schools: Public and Catholic within walking distance, Shopping: Close to Yorkville, Bay & Bloor, Hospitals/Clinics: Wellesley Hospital - Grocery Stores: Freshco, Food Basics, No Frills - Newly renovated apartment suites available - Rose Avenue Community Center - Toronto Public Library – Parliament and Gerrard - Hardwood flooring throughout apartments - Cabbagetown Festival every summer
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 561 Sherbourne is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 561 Sherbourne has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
561 Sherbourne stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
561 Sherbourne stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
561 Sherbourne is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 561 Sherbourne does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
561 Sherbourne is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 561 Sherbourne compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
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Rent trends in Saint James Town
If you decide to upgrade your space, you can expect 2-bedrooms at 561 Sherbourne to be 8% more than the average for similarly sized apartments in Saint James Town.
3-bedroom apartments at 561 Sherbourne cost about 25% more than the average rent price for 3-bedroom apartments in Saint James Town.
Median rents as of Jan 24 2026.
Saint James Town
Toronto
| Month | Median Rent |
|---|---|
| February 2024 | $1,988 |
| March 2024 | $1,980 |
| April 2024 | $1,959 |
| May 2024 | $1,983 |
| June 2024 | $1,990 |
| July 2024 | $1,955 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,744 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,762 |
| March 2024 | $1,787 |
| April 2024 | $1,772 |
| May 2024 | $1,803 |
| June 2024 | $1,823 |
| July 2024 | $1,800 |
| August 2024 | $1,706 |
| September 2024 | $1,681 |
| October 2024 | $1,718 |
| November 2024 | $1,710 |
| December 2024 | $1,675 |
| January 2025 | $1,672 |
| February 2025 | $1,672 |
| March 2025 | $1,672 |
| April 2025 | $1,675 |
| May 2025 | $1,647 |
| June 2025 | $1,646 |
| July 2025 | $1,614 |
| August 2025 | $1,599 |
| September 2025 | $1,634 |
| October 2025 | $1,753 |
| November 2025 | $1,598 |
| December 2025 | $1,621 |
| January 2026 | $1,650 |
Affordability calculator
Can I afford to live at 561 Sherbourne St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$106,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $106,000 annually to afford this 2-bedrooms monthly rent price of $2,650.
For more information on rent affordability, visit our rent calculator.
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Internet available near 561 Sherbourne
Getting around Toronto near 561 Sherbourne St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 561 Sherbourne St, Toronto
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 561 Sherbourne St
FreshCo
559 Sherbourne St
Food Basics
238 Wellesley St E
Smart Butcher Store
8 Howard St
Rabba Fine Foods
148 Wellesley St E
T O Fine Foods Store
148 Wellesley St E
Brenda's
345 Bloor St E
Ardene
2 Bloor St E
Out on the Street Inc
551 Church St
Boutique Bar
506 Church St
Form Clothing For Men Ltd
111 Bloor St E
Tim Hortons
563 Sherbourne Stree
Country Style
213 Wellesley St E
Starbucks
620 Jarvis St
Tim Hortons
419 Bloor St E
Aroma Espresso Bar
365 Bloor St E
Gabbys
556 Sherbourne St
The Keg Steakhouse + Bar
515 Jarvis St
Jack Astor's Bar & Grill
2 Bloor St E
Phoenix Concert Theatre
410 Sherbourne St
Red Cranberries Restaurant
601 Parliament St
Red Rocket Coffee
154 Wellesley St E
Absolute Bakery
589 Parliament St
Velvet Lane Cakes
194A Carlton St
Scullery Cafe
200 Carlton St
Daniel-Daniel Event CRTN-CTRNG
248 Carlton St
Wellesley Community Centre - Building Grounds
Wellesley - Magill Park
St. Jamestown West Park
Winchester Park
Rosedale Ravine Lands
Gabbys
556 Sherbourne St
Chester's Fried Chicken Express
23 Howard St
Country Style
213 Wellesley St E
Mr Jerk
209 Wellesley St E
Domino's
159 Wellesley St E
Sherbourne St at Earl St North Side
SHERBOURNE
Sherbourne St at Isabella St
SHERBOURNE
Sherbourne St at Wellesley St East
SHERBOURNE
Wellesley St East at Sherbourne St
WELLESLEY
Wellesley St East at Sherbourne St East Side
WELLESLEY
Union Station
Lakeshore East, Lakeshore West, Lakeshore East, Barrie, Barrie, Richmond Hill, Stouffville, Milton, Stouffville, Kitchener, Lakeshore West, Richmond Hill, Kitchener, Milton
UP Express Union Station
Union Pearson Express
Exhibition
Lakeshore West, Lakeshore West
Bloor
Kitchener, Kitchener
Bloor GO/UP
Union Pearson Express
Sherbourne Station - Eastbound Platform
LINE 2 (BLOOR - DANFORTH)
Sherbourne Station - Westbound Platform
LINE 2 (BLOOR - DANFORTH)
Castle Frank Station - Westbound Platform
LINE 2 (BLOOR - DANFORTH)
Wellesley Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
Castle Frank Station - Eastbound Platform
LINE 2 (BLOOR - DANFORTH)
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