The 500 is a 34-storey high-rise residential condominium built by Times Group Corporation and completed in 2011. With 363 units, it's one of the larger residential towers in the Cabbagetown-South St. James Town area. The building represents the modern mixed-income development wave that reached the neighbourhood in the early 2010s. Average unit sizes hover around 629 square feet, offering a range of layouts from studios to multi-bedroom homes. As a high-rise, the building typically includes standard amenities like a lobby, fitness facilities, and common areas, though you'll want to confirm specific offerings and maintenance fee structure when exploring the property.

The 500 occupies a prime location at the intersection of two distinct Toronto zones: the urban energy of downtown and the residential quietness of Cabbagetown. The Dundas streetcar runs directly past the building, connecting east to west across the city. Bloor-Yonge station is a short walk away, giving residents quick access to the TTC subway network. The neighbourhood is highly walkable, with grocery stores, cafes, and restaurants along Dundas and Carleton Street. It's a place where you can step outside and reach a park, a coffee shop, or transit within minutes. This makes it attractive to both young professionals and established residents who don't want to sacrifice neighbourhood character for city access.

Current listings show unit sizes averaging 629 square feet, which typically translates to one-bedroom or two-bedroom configurations with reasonable layouts. Buyers should review the property declaration and status certificate to understand maintenance fees and any special assessments, as these directly affect affordability over time. Renters will find units listed around $2,500 per month on average, though prices vary by floor, view, and unit size. Pet policies vary by unit or building rules, so confirm that upfront if you have or plan to have pets. When touring, check window placement and light quality, as tower living means unit exposure varies significantly. Ask about parking costs, locker availability, and whether utilities are included in rent or condo fees, as these details shift the real cost of living in the building.