709-2015 Sheppard Avenue, Toronto, ON

Henry Farm, Toronto · MLS® C13113806

$2,300/mo
For Lease
Listed 72 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft
18 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Luxury 1 BR + Den Condo Apartment, Built by Monarch, Approx. 655 sq.ft., Walking Distance to Fairview Mall and Subway Station, Easy to 404. Granite Counter Top, Appliances, Corner Unit, One parking space & locker included. 24 Hours Security. New painted. Tenant pays Hydro. No Pets and Non Smoker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13113806
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sheppard/404
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North East
Days on market
72
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

DenMain2.31 × 2.31 m

Laminate

Living RoomMain5.43 × 4.11 m

laminate · combined w/dining · open concept

KitchenMain0.00 × 0.00 m

laminate · granite counters · open concept

Dining RoomMain0.00 × 0.00 m

laminate · combined w/living · open concept

BedroomMain3.62 × 3.30 m

Broadloom

Moe’s TakeTeam Asgarian · Broker
In line
$2,331/moest. value

Listed at $2,300/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Henry Farm lately, landlords have been getting about 98% of asking and homes lease in about 25 days.

Based on 87 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 87 recently leased comparable homes — actual closing prices, not asks — 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, leased for $2,250/mo
  • Adjusts to $2,250/mo

That comparable adjusts to $2,250/mo; the $2,331/mo estimate above is the median of all 87 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Pleasant View Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. 1900 Sheppard Avenue East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,231/moBelow market$2,481/moAbove market

Total price vs nearby homes. Fair value about $2,331/mo, median of 87 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$2,320avg asking

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

907-36 Forest Manor Road$2,3001905-2015 Sheppard Avenue$2,3002606-55 Ann O'reilly Road$2,300413-66 Forest Manor Road$2,3501201-70 Forest Manor Road$2,350

The 5 closest of 8 active listings nearby.

See all comparable homes
2,300This home2,3002,3002,3002,3502,350This home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $2K
90active listings nearby
72days on market
100leased nearby · 90 days
$2Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

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

Neighbourhood & location

Henry Farm, 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

89/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: 1900 Sheppard Avenue East, about 117 m away

20+ transit stops6 grocery20+ dining20+ parks7 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.

Bayview Village
$3K
Mount Pleasant West
$2K
North St. James Town
$2K
Annex
$2K
Church-Yonge Corridor
$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 Muirhead Public School
35%
Muirhead Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 35% meet the provincial standard

Affordability & Mortgage

Affordability
$10/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 $10Property tax $1Total carry $12

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,840 · 4.14% over 25 years

$460Down payment (20.0%)
$1,840Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$23

Plus your down payment of $460. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,106Total interest paid
$2,946Total of all payments
Principal $1,840 Interest $1,106
YearPrincipalInterestBalance
1$43$75$1,797
2$45$73$1,752
3$47$71$1,705
4$49$69$1,656
5$51$67$1,606
6$53$65$1,553
7$55$63$1,498
8$57$60$1,440
9$60$58$1,380
10$62$55$1,318
11$65$53$1,253
12$68$50$1,185
13$70$47$1,115
14$73$44$1,042
15$77$41$965
16$80$38$885
17$83$35$802
18$87$31$716
19$90$28$626
20$94$24$532
21$98$20$434
22$102$16$332
23$106$12$226
24$111$7$115
25$115$3$0

At the end of your 5-year term

Total paid over the term
$589
Principal paid down
$234
Interest paid
$355
Balance remaining
$1,606

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 REAL ESTATE HOMEWARD. MLS®/PropTx.

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