3rd-57-861 Sheppard Avenue, Toronto, ON

Bathurst Manor, Toronto · MLS® C12861080

$1,850/mo
For Lease
Listed 131 days ago
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1Bathrooms
0Parking
500-599Sq Ft

About this home

This is your opportunity to live in a stunning brand new 3rd floor studio apartment, ideal as a home/office space, with the option to combine with upper levels for expanded living or work areas. Inspired by the iconic brownstone architecture of New Yorks Greenwich Village, the residences showcase a blend of timeless brickwork with modern black accents. The thoughtful attention to detail in both design and construction sets this space apart, merging the best of contemporary style and classic architectural charm.Neutral Decor, Mirrored Closet Doors, Large Floor To Ceiling Windows Lots of Natural Light, Private West Facing Balcony, Efficiency at its Finest. Shared Roof Top Terrace For Outdoor Enjoyment ! **EXTRAS** Could also be FURNISHED AT ADDITIONAL COST

Key facts

Property type
Condo Apartment, Bachelor/Studio
MLS®
C12861080
Bathrooms
1
Size
500-599
Cross streets
Wilson Heights/Sheppard
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front
Exposure
West
Days on market
131
Listing brokerage
RE/MAX CROSSTOWN REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1,848/moest. value

Listed at $1,850/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 21 similar rentals nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1,700/mo
  • Adjusts to $1,700/mo

That comparable adjusts to $1,700/mo; the $1,848/mo estimate above is the median of all 21 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sheppard Ave West at Faywood Blvd is about a 2-minute walk away.

List price
$1,690/moBelow market$1,990/moAbove market

Total price vs nearby homes. Fair value about $1,848/mo, median of 21 comparables.

Comparable listingsCurrently listed nearby in Bathurst Manor · asking prices
$1,795avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4th floor-34-851 Sheppard Avenue$1,8504th-57-861 Sheppard Avenue$1,8502nd floor-35-851 Sheppard Avenue$1,8003rd floor-34-851 Sheppard Avenue$1,775G1-1042 Sheppard Avenue$1,700

The 5 closest of 8 active listings nearby.

See all comparable homes
1,850This home1,8501,8501,8001,7751,700This home vs active comparables
Live market pulseActive comparables in Bathurst Manor · median list $3K
21active listings nearby
131days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Bathurst Manor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

69/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Sheppard Ave West at Faywood Blvd, about 135 m away

20+ transit stops2 grocery20+ dining14 parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$2K
Newtonbrook East
$2K
Bayview Village
$3K
Henry Farm
$2K
Dovercourt-Wallace Emerson-Junction
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $8Property tax $1Total carry $10

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,480 · 4.14% over 25 years

$370Down payment (20.0%)
$1,480Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9
Toronto municipal land transfer tax
$9
Estimated closing costs
$19

Plus your down payment of $370. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$889Total interest paid
$2,369Total of all payments
Principal $1,480 Interest $889
YearPrincipalInterestBalance
1$35$60$1,445
2$36$59$1,409
3$38$57$1,372
4$39$56$1,332
5$41$54$1,292
6$43$52$1,249
7$44$50$1,205
8$46$49$1,158
9$48$47$1,110
10$50$45$1,060
11$52$43$1,008
12$54$40$954
13$57$38$897
14$59$36$838
15$62$33$776
16$64$31$712
17$67$28$645
18$70$25$576
19$72$22$503
20$76$19$428
21$79$16$349
22$82$13$267
23$85$9$182
24$89$6$93
25$93$2$0

At the end of your 5-year term

Total paid over the term
$474
Principal paid down
$188
Interest paid
$285
Balance remaining
$1,292

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSTOWN REALTY INC.. MLS®/PropTx.

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