1003-5 Old Sheppard Avenue, Toronto, ON

Pleasant View, Toronto · MLS® C13257768

$420,000
For Sale
Listed 42 days ago
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3Bedrooms
1Bathrooms
1Garage
900-999Sq Ft

About this home

Offering one of the lowest price-per-square-foot opportunities in the area, outstanding space, convenience, and exceptional value for families. 2+1 bedroom features a large open-concept layout, modern kitchen, dining area, and den that can easily serve as a 3rd bedroom, nursery, or home office. Resort-style amenities large indoor pool, full-size gymnasium, weekly fitness classes, multiple exercise rooms, squash court, dance studio, games room, Tennis Courts and more. Fan coil system replaced in 2023. Located steps to Fairview Mall, T&T Supermarket, subway, parks, and schools, quick access to Hwy 401, DVP, and 404. All-inclusive maintenance fees cover hydro, gas, water, air conditioning, cable TV, and parking

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13257768
Bedrooms
3 (2 + 1)
Bathrooms
1
Size
900-999
Cross streets
Sheppard and Hwy 404
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,191/mo
Exposure
South East
Property tax
$1,900 / 2025
Days on market
42
Listing brokerage
PROPERTY.CA INC.

Rooms

OfficeMain2.13 × 3.81 m

broadloom · combined w/laundry · window

Primary BedroomMain3.35 × 4.11 m

broadloom · large closet · window

Living RoomMain5.09 × 3.50 m

hardwood floor · crown moulding · w/o to balcony

Bedroom 2Main2.77 × 3.32 m

broadloom · large closet · window

Dining RoomMain2.77 × 2.80 m

hardwood floor · window

KitchenMain3.96 × 2.35 m

hardwood floor · stone counters · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$644Kest. value

Listed at $420,000, this home is about 35% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Pleasant View, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $484K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $659K
  • Bathrooms −$15K
  • Adjusts to $644K

That comparable adjusts to $644K; the $644K estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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. Sheppard Ave. E. @ Herons Hill Way is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$420KGreat deal$835KOverpriced

Total price vs nearby homes. Fair value about $644K, median of 11 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$507kavg asking

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

115-1703 Mccowan Road$440k1109-100 Wingarden Court$450k907-1250 Bridletowne Circle$495k511-225 Bamburgh Circle$549k403-5785 Yonge Street$600k

The 5 closest of 8 active listings nearby.

See all comparable homes
420kThis home440k450k495k549k600kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $619K
$442this home / sqft
67active listings nearby
42days on market

41 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Pleasant View, 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

81/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Sheppard Ave. E. @ Herons Hill Way, about 209 m away

20+ transit stops7 grocery20+ dining19 parks12 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 · 0.2 km awayBelow the GTA average · 35% meet the provincial standard

Affordability & Mortgage

Affordability
$1,914/mo
$104KIncome needed
4.0×Price ÷ income
$442Weekly 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.

59%mortgage
Mortgage $1,914Property tax $158Condo fee $1,191Total carry $3,264

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)
$1,793per month

Mortgage amount $336,000 · 4.14% over 25 years

$84,000Down payment (20.0%)
$336,000Loan before insurance
$0CMHC premium
$3,142Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,793
Property tax
$158
Condo / maintenance fees
$1,191
Heating
$0
Estimated monthly cost
$3,142

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

One-time closing costs

Ontario land transfer tax
$4,875
Toronto municipal land transfer tax
$4,875
Estimated closing costs
$9,750

Plus your down payment of $84,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,178/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

$201,906Total interest paid
$537,906Total of all payments
Principal $336,000 Interest $201,906
YearPrincipalInterestBalance
1$7,871$13,645$328,129
2$8,201$13,316$319,928
3$8,544$12,973$311,385
4$8,901$12,615$302,484
5$9,273$12,243$293,210
6$9,661$11,855$283,549
7$10,065$11,451$273,484
8$10,486$11,030$262,998
9$10,925$10,591$252,073
10$11,382$10,134$240,691
11$11,858$9,658$228,833
12$12,354$9,162$216,479
13$12,871$8,646$203,608
14$13,409$8,107$190,199
15$13,970$7,546$176,229
16$14,554$6,962$161,675
17$15,163$6,353$146,512
18$15,797$5,719$130,715
19$16,458$5,058$114,256
20$17,147$4,370$97,110
21$17,864$3,653$79,246
22$18,611$2,905$60,635
23$19,389$2,127$41,246
24$20,200$1,316$21,045
25$21,045$471$0

At the end of your 5-year term

Total paid over the term
$107,581
Principal paid down
$42,790
Interest paid
$64,792
Balance remaining
$293,210

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.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
3.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.7%
Gross yield
− Property tax $1,900− Condo fees $14,292− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,782

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

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