135 Lower Sherbourne St

135 Lower Sherbourne Street is a high-rise apartment condominium in Toronto's Waterfront Communities neighbourhood, completed within the last five years. The 28-storey building offers modern waterfront living with maintenance fees typically including heat, water and building insurance. Recent average lease rates in the building run approximately $2,500 monthly. The location provides excellent walkability, with direct access to dozens of restaurants and cafes, multiple grocery stores, pharmacies and parks within 800 metres, plus substantial public transit options. Before committing to a purchase, prospective buyers should engage a lawyer or qualified reviewer to examine the status certificate, reserve fund study, financial statements, board minutes, by-laws and insurance details—especially important for newer buildings where long-term reserve adequacy and developer defects can significantly affect ownership costs.