310-897 Sheppard Avenue, Toronto, ON
Clanton Park, Toronto · MLS® C13430350
About this home
Bright, Renovated & Incredible Value in a Boutique North York Condo! Welcome to Suite 310 at 897 Sheppard Ave W - a beautifully refreshed 1-bedroom suite offering exceptional affordability without compromising comfort or convenience. Featuring an updated kitchen with stainless steel appliances, new countertops, fresh paint throughout, and a functional layout designed for easy living. Enjoy a sun-filled south exposure that floods the unit with natural light all day long, plus a spacious private balcony perfect for your morning coffee or unwinding after a long day. Complete with 1 parking space and 1 locker for added convenience. Maintenance fees are ALL-INCLUSIVE, covering utilities for stress-free ownership and outstanding monthly value. Located in a well-maintained boutique building with fantastic amenities including a rooftop terrace, sauna, party room, and visitor parking. Conveniently situated near transit, subway access, shopping, restaurants, parks, Allen Rd, and Hwy 401 - making commuting and everyday living effortless. A fantastic opportunity for first-time buyers, downsizers, or investors looking for exceptional value in a prime location!
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13430350
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Sheppard Ave W/Allan Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $943/mo
- Exposure
- South
- Property tax
- $1,957 / 2026
- Days on market
- 36
- Listing brokerage
- CENTURY 21 ATRIA REALTY INC.
Rooms
Closet Organizers
laminate · mirrored closet
laminate · combined w/dining · w/o to balcony
laminate · eat-in kitchen · stainless steel appl
laminate · combined w/living
laminate · w/w closet · w/o to balcony
Listed at $429,000, this home is tracking about 21% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 46 similar homes nearby, adjusted for size, beds, and baths.Median of 46 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $392K, lower than the comparables and worth a second look.
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 $559K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $514K
That comparable adjusts to $514K; the $544K estimate above is the median of all 46 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.
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 Wilson Heights Blvd East Side is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $544K, median of 46 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 29% below the area average of $803/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Clanton Park, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Wilson Heights Blvd East Side, about 18 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $343,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,831
- Property tax
- $163
- Condo / maintenance fees
- $943
- Heating
- $0
- Estimated monthly cost
- $2,938
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,055
- Toronto municipal land transfer tax
- $5,055
- Estimated closing costs
- $10,110
Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $109,887
- Principal paid down
- $43,707
- Interest paid
- $66,180
- Balance remaining
- $299,493
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.