2006-2015 Sheppard Avenue, Toronto, ON

Henry Farm, Toronto · MLS® C13425058

$550,000
For Sale
Listed 44 days ago
2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to Ultra at Heron's Hill, located at Sheppard and 404. 2015 Sheppard Ave E unit 2006 is a spacious 2 Bedroom unit with an unobstructed North view from your walkout balcony. Stay connected with bus stops just outside your door step, Don Mills Subway Station to your west, Agincourt GO to your east, or take a short drive to get to Highways 404 or 401. Amenities include the party room, theatre, fitness room, library, indoor pool and sauna, rooftop BBQ area, and more!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13425058
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
Sheppard/Hwy 404
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$653/mo
Exposure
North
Property tax
$2,511 / 2025
Days on market
44
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

Living RoomGround5.03 × 3.12 m

laminate · combined w/dining · w/o to balcony

Primary BedroomGround3.12 × 3.05 m

laminate · walk-in closet(s) · w/o to balcony

Bedroom 2Ground2.74 × 2.74 m

laminate · closet · w/o to balcony

Dining RoomGround5.03 × 3.12 m

laminate · combined w/living · w/o to balcony

KitchenGround2.74 × 2.29 m

ceramic floor · backsplash · granite counters

Our TakeTeam Asgarian · Broker
In line
$521Kest. value

Listed at $550,000, and my independent estimate is right in line with comparable homes.

In Henry Farm lately, sellers get about 97% of asking; homes sell in ~32 days.

List price
$512KGreat deal$562KOverpriced

Total price vs nearby homes. Fair value about $521K, median of 20 comparables.

How this estimate is builtthe short version

I take the 20 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $523K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

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.

Based on 20 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Henry Farm · asking prices
$573kavg asking

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

1806-2015 Sheppard Avenue$550k#2111-50 Ann O' Reilly Road$538k311-50 Forest Manor Road$580k3608-55 Ann O'Reilly Road$599k2902-32 Forest Manor Road$599k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home550k538k580k599k599kThis home vs active comparables
Live market pulseActive comparables in Henry Farm · median list $549K
$734this home / sqft
57active listings nearby
44days on market
99sold nearby · 90 days
$500Kmedian sold price
97%of asking, on average

This home lists 6% below the area average of $779/sqft.

43 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

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.

Nearby neighbourhoods

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

Bayview Village
$539K
Willowdale East
$482K
Agincourt North
$480K
Mount Pleasant West
$685K
Annex
$2.03M

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
$2,507/mo
$118KIncome needed
4.7×Price ÷ income
$578Weekly 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.

74%mortgage
Mortgage $2,507Property tax $209Condo fee $653Total carry $3,369

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,210Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$209
Condo / maintenance fees
$653
Heating
$0
Estimated monthly cost
$3,210

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/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

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

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$2,400/mo
$28,800Gross annual rent
2.7%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.

5.2%
Gross yield
− Property tax $2,511− Condo fees $7,836− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,684

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LANDPOWER REAL ESTATE LTD.. MLS®/PropTx.

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