316-872 Sheppard Avenue, Toronto, ON

Bathurst Manor, Toronto · MLS® C13501046

$525,000
For Sale
Listed 112 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Parking
800-899Sq ft

About this home

In short

  • Location, Location, Location.
  • Well kept, tenanted, charming, spacious condo unit near Allen Rd and Sheppard West Subway.
  • Includes Locker on same floor & features open concept layout, kitchen with huge breakfast bar, balcony 85 Sq.
  • Beautiful sized Balcony can be converted to a relaxation oasis.
  • Some TLC needed since tenanted.

Location, Location, Location!!! Plaza Royale Beauty!! Well kept, tenanted, charming, spacious condo unit near Allen Rd and Sheppard West Subway. Steps to TTC. Includes Locker on same floor & features open concept layout, kitchen with huge breakfast bar, balcony 85 Sq.Ft. Above ground parking and en-suite laundry. Excellent amenities include gym, party room, sauna, rooftop deck. Beautiful sized Balcony can be converted to a relaxation oasis!! Approx. 860 Sq.Ft. Includes balcony. Potential for a lovely home. Some TLC needed since tenanted. Extras: Shelving Unit in Smaller bedroom, wall vanity cupboard in Bathroom, washer and dryer 2-3 yrs old, Built-in Fridge, stove, built-in Microwave, Gas furnace, air conditioning with control your own Heat and Air.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13501046
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
800-899 sq ft
Cross streets
Sheppard/Wilson Heights
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$497/mo
Exposure
North West
Property tax
$2,375 / 2025
Days on market
112
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomMain18.08 × 10.60 m

open concept · breakfast bar · ceramic floor

DenMain12.37 × 8.99 m
Primary BedroomMain13.09 × 11.38 m
Dining RoomMain18.08 × 10.60 m

Open Concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Bathurst Manor · asking prices
$527kavg asking

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

Per square foot, these ask about $632/sqft; this home lists at $618/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
525kThis home400k553k560k560k560kThis home vs active comparables

Neighbourhood & location

Bathurst Manor, 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
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$600K
Church-Yonge Corridor
$567K

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 Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 6 more schools within 2.5 km
Faywood Arts-Based Curriculum School · Public elementary1.5 km · 70% at standard
Charles H Best Junior and Middle School · Public elementary1.7 km · 49% at standard
Wilmington Elementary School · Public elementary1.8 km · 67% at standard
St Norbert Catholic School · Catholic elementary2.1 km · 70% at standard
Summit Heights Public School · Public elementary2.3 km · 85% at standard
Ancaster Public School · Public elementary2.4 km · 47% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,393/mo
$110KIncome needed
4.8×Price ÷ income
$552Weekly cost
$13,950Land transfer tax, one-time (Ontario + Toronto)
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.

78%mortgage
Mortgage $2,393Property tax $198Condo fee $497Total carry $3,087

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,322per month

Mortgage amount $420,000 · 4.49% over 25 years

$105,000Down payment (20.0%)
$420,000Loan before insurance
$0CMHC premium
$3,017Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,322
Property tax
$198
Condo / maintenance fees
$497
Heating
$0
Estimated monthly cost
$3,017

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

One-time closing costs

Ontario land transfer tax
$6,975
Toronto municipal land transfer tax
$6,975
Estimated closing costs
$13,950

Plus your down payment of $105,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,811/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

$276,676Total interest paid
$696,676Total of all payments
Principal $420,000 Interest $276,676
YearPrincipalInterestBalance
1$9,373$18,494$410,627
2$9,798$18,069$400,829
3$10,243$17,624$390,586
4$10,708$17,159$379,878
5$11,194$16,673$368,684
6$11,703$16,164$356,981
7$12,234$15,633$344,747
8$12,789$15,078$331,958
9$13,370$14,497$318,588
10$13,977$13,890$304,611
11$14,612$13,255$289,999
12$15,275$12,592$274,724
13$15,969$11,898$258,755
14$16,694$11,173$242,061
15$17,452$10,415$224,609
16$18,244$9,623$206,365
17$19,072$8,795$187,293
18$19,938$7,929$167,354
19$20,844$7,023$146,511
20$21,790$6,077$124,721
21$22,779$5,088$101,941
22$23,814$4,053$78,127
23$24,895$2,972$53,232
24$26,025$1,842$27,207
25$27,207$660$0

At the end of your 5-year term

Total paid over the term
$139,335
Principal paid down
$51,316
Interest paid
$88,019
Balance remaining
$368,684

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$2,700/mo
$32,400Gross annual rent
3.8%Cap rate after taxes and upkeep

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.

6.2%
Gross yield
− Property tax $2,375− Condo fees $5,961− Insurance $600− Vacancy & upkeep $3,564Net operating income $19,900

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

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