TPH08-621 Sheppard Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13434108

$799,000
For Sale
Listed 36 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Penthouse Living in the Heart of Bayview Village!Rarely offered penthouse suite at TPH08 - 621 Sheppard Ave E. This bright and spacious 2-bedroom, 2-bathroom condo offers approximately 910 sq. ft. of thoughtfully designed living space, featuring soaring ceilings, an open-concept layout, and breathtaking views from one of the building's most desirable levels. The modern kitchen flows seamlessly into the living and dining areas, creating the perfect space for entertaining or relaxing at home.Enjoy a functional split-bedroom layout for added privacy, a spacious primary suite with ensuite bath, generous room sizes throughout, and the convenience of 1 underground parking space and 1 locker. Nestled in the prestigious Bayview Village neighbourhood, this location offers the perfect blend of urban convenience and upscale community living. Just steps to Bayview Village Shopping Centre, home to luxury boutiques, fine dining, cafés, grocery stores, and everyday essentials. Commuters will appreciate easy access to Bayview and Bessarion Subway Stations, TTC transit, Highway 401, Highway 404, and the DVP, making travel across the GTA effortless.Surrounded by top-rated schools, parks, walking trails, community centres, and some of North York's most desirable residential streets, Bayview Village continues to be one of Toronto's most sought-after neighbourhoods for professionals, families, and investors alike.A rare opportunity to own a penthouse suite in an exceptional location where luxury, convenience, and lifestyle come together.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13434108
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Bayview/Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,037/mo
Exposure
North East
Property tax
$4,312 / 2026
Days on market
36
Listing brokerage
ROYAL HERITAGE REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$659Kest. value

Listed at $799,000, this home is about 21% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($841/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 $849K, higher 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 $688K
  • Adjusts to $688K

That comparable adjusts to $688K; the $659K 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 Crestview Public 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 East at Greenbriar Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$650KGreat deal$799KOverpriced

Total price vs nearby homes. Fair value about $659K, 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$716kavg asking

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

710-25 Adra Grado Way$798k1307-18 Kenaston Gardens$688k2008-117 McMahon Drive$726k2509-117 Mcmahon Drive$716k3208-121 Mcmahon Drive$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
799kThis home798k688k726k716k650kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $700K
$841this home / sqft
40active listings nearby
36days on market

This home lists 6% above the area average of $797/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bayview Village, 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

75/ 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 East at Greenbriar Rd, about 70 m away

20+ transit stops1 grocery20+ dining20+ parks11 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
$441K
Willowdale West
$770K
Banbury-Don Mills
$500K
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 Crestview Public School
69%
Crestview Public SchoolPublic · Elementary · 2.9 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,642/mo
$173KIncome needed
4.6×Price ÷ income
$840Weekly 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.

72%mortgage
Mortgage $3,642Property tax $359Condo fee $1,037Total carry $5,038

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,411per month

Mortgage amount $639,200 · 4.14% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,807Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,411
Property tax
$359
Condo / maintenance fees
$1,037
Heating
$0
Estimated monthly cost
$4,807

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,143/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

$384,103Total interest paid
$1,023,303Total of all payments
Principal $639,200 Interest $384,103
YearPrincipalInterestBalance
1$14,974$25,958$624,226
2$15,601$25,332$608,625
3$16,253$24,679$592,372
4$16,933$23,999$575,439
5$17,641$23,291$557,798
6$18,379$22,553$539,419
7$19,148$21,784$520,271
8$19,949$20,983$500,322
9$20,783$20,149$479,538
10$21,653$19,279$457,886
11$22,558$18,374$435,327
12$23,502$17,430$411,825
13$24,485$16,447$387,340
14$25,509$15,423$361,831
15$26,576$14,356$335,255
16$27,688$13,244$307,567
17$28,846$12,086$278,721
18$30,053$10,880$248,669
19$31,310$9,623$217,359
20$32,619$8,313$184,740
21$33,984$6,948$150,756
22$35,405$5,527$115,351
23$36,886$4,046$78,465
24$38,429$2,503$40,036
25$40,036$896$0

At the end of your 5-year term

Total paid over the term
$204,661
Principal paid down
$81,402
Interest paid
$123,258
Balance remaining
$557,798

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
1.9%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.

4.6%
Gross yield
− Property tax $4,312− Condo fees $12,444− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,218

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

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