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$499,000Asking Price

116 George Street N507, Toronto C08, ON M5A 3S9 #N507

St. James, Toronto

Condo
1
Bedroom
2
Baths
1
Parking
Days on Market

Welcome to the Vu by Aspen Ridge Homes. Discover an exceptional 1 Bedroom, 2 Bathroom Loft offering rare value in the heart of the St. Lawrence Market in downtown Toronto. This bright and beautifully designed suite features soaring 10-foot ceilings, a functional ~600 Sq. Ft. Layout, and a 52 SF ft. private east-facing balcony that brings in natural light and extends your living space. The spacious Bedroom easily accommodates a Queen-Sized bed and includes floor-to-ceiling windows, double closets, and a semi-ensuite bath, creating a serene and private retreat to unwind after a busy day. You'll love the upgraded features, including a brand-new built-in Stainless Steel Dishwasher (2025) and a new Whirlpool Front-loading Washing Machine (2025). The open-concept kitchen offers full-sized appliances, a Built-In Island, and ample storage. Ideal for everyday living or entertaining. A convenient second bathroom adds comfort and flexibility, making the home ideal for guests or work-from-home lifestyles.This suite comes with something truly special-a parking space equipped with its own rare EV charging station, along with a dedicated locker for extra storage. The building, developed by Aspen Ridge Homes, is known for its exceptional management and boasts one of the largest and most impressive rooftop terraces in the city. All of this in an unbeatable location: steps to the Financial District, St. Lawrence Market, Distillery District, 3-minute Walk to the Subway, Path, St. James and Berczy Parks, and the Waterfront. What more? This loft includes all existing furniture, with a Queen-sized bed, 2 Sofa Beds, 55" Flat Panel TV with Wall Mount & More! Whether you're a first-time buyer, a downsizer, or an investor, this property offers incredible lifestyle and long-term value! See Video Tour for more or reach out to schedule a private tour!

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Welcome to the Vu by Aspen Ridge Homes. Discover an exceptional 1 Bedroom, 2 Bathroom Loft offering rare value in the heart of the St. Lawrence Market in downtown Toronto. This bright and beautifully designed suite features soaring 10-foot ceilings, a functional ~600 Sq. Ft. Layout, and a 52 SF ft. private east-facing balcony that brings in natural light and extends your living space. The spacious Bedroom easily accommodates a Queen-Sized bed and includes floor-to-ceiling windows, double closets, and a semi-ensuite bath, creating a serene and private retreat to unwind after a busy day. You'll love the upgraded features, including a brand-new built-in Stainless Steel Dishwasher (2025) and a new Whirlpool Front-loading Washing Machine (2025). The open-concept kitchen offers full-sized appliances, a Built-In Island, and ample storage. Ideal for everyday living or entertaining. A convenient second bathroom adds comfort and flexibility, making the home ideal for guests or work-from-home lifestyles.This suite comes with something truly special-a parking space equipped with its own rare EV charging station, along with a dedicated locker for extra storage. The building, developed by Aspen Ridge Homes, is known for its exceptional management and boasts one of the largest and most impressive rooftop terraces in the city. All of this in an unbeatable location: steps to the Financial District, St. Lawrence Market, Distillery District, 3-minute Walk to the Subway, Path, St. James and Berczy Parks, and the Waterfront. What more? This loft includes all existing furniture, with a Queen-sized bed, 2 Sofa Beds, 55" Flat Panel TV with Wall Mount & More! Whether you're a first-time buyer, a downsizer, or an investor, this property offers incredible lifestyle and long-term value! See Video Tour for more or reach out to schedule a private tour!

Key Info

  • Loft Condo
  • 1 Parking
  • Adelaide St. E. & Jarvis
  • 500-599 Approximate Sq Feet
  • 11-15 Years Approximate Age
  • East Exposure
  • Open Balcony
  • Ensuite Laundry
  • Owned Locker #C108
  • Forced Air Gas Heating
  • Central Air

Property

  • $571 Monthly Condo Fees
  • Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
  • Excludes: Hydro, Cable TV
  • Amenities: Concierge, Guest Suites, Gym, Roof Deck, Visitor Parking
  • Taxes were $2,752 in 2025
  • Possession: Flex

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #2049
  • Condo Registry Office: TSCC
  • MLS #C12556454
  • RE/MAX CONDOS PLUS CORPORATION

Extras

Room Floor Dimensions Details
1 Kitchen Ground 9.19' x 12.60' Granite Counters, Centre Island, Stainless Steel Appliances
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor

Who lives here?

St. James, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.

Families

Kids Per Family

0.4

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

54% of residents are
single and loving it.

54% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

47% of residents
are renters.

47% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

74% of residents are
university grads.

74% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$160K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 19%
Management 14%
Government 14%
Sales 12%
Sciences 9%

Immigrants

33% of residents were
born outside of Canada.

33% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 2.0% of immigrants.
India 2.0%
Philippines 2.0%
UK 1.8%
Hong Kong 1.6%

2.0% from China
All-time

Birthplace - Recent

China was once home to 1.1% of immigrants.
India 0.9%
Iran 0.7%
Russia 0.6%
UK 0.5%

1.1% from China
Recent

Foreign Languages

Foreign Languages

French 4%
Cantonese 3%
Spanish 2%
Russian 2%
Mandarin 2%

Religions

Religions

Christian 48%
Muslim 4%
Hindu 3%
Jewish 3%
Buddhist 2%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

6

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)