204-872 Sheppard Avenue, Toronto, ON

Bathurst Manor, Toronto · MLS® C13528884

$552,999
For Sale
Listed 105 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • This beautifully maintained 2-bedroom suite offers a spacious and functional layout in one of North York's most convenient locations.
  • Featuring an open-concept kitchen, a separate dining area, and a large private balcony, this bright and elegant home is perfect for comfortable everyday living.
  • Just steps to Downsview Subway Station, TTC, parks, shopping, restaurants, major highways, and everyday amenities.

Welcome to Plaza Royale! This beautifully maintained 2-bedroom suite offers a spacious and functional layout in one of North York's most convenient locations. Featuring an open-concept kitchen, a separate dining area, and a large private balcony, this bright and elegant home is perfect for comfortable everyday living. Enjoy the added convenience of a locker located on the same floor as the unit. Just steps to Downsview Subway Station, TTC, parks, shopping, restaurants, major highways, and everyday amenities. An exceptional opportunity for first-time buyers, downsizers, or investors. A must-see!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13528884
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Sheppard Ave W & Wilmington Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$609/mo
Exposure
East
Property tax
$2,579 / 2025
Days on market
105
Listing brokerage
RED APPLE REAL ESTATE INC.

Rooms

Bedroom 2Main3.16 × 2.59 m

laminate · double closet · large window

KitchenMain2.43 × 3.35 m

granite counters · breakfast bar · stainless steel appl

Primary BedroomMain4.35 × 3.05 m

laminate · w/o to balcony · double closet

Dining RoomMain3.35 × 2.89 m

laminate · combined w/family · open concept

Living RoomMain3.04 × 3.96 m

laminate · w/o to balcony · 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.

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
$585K
Church-Yonge Corridor
$529K

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
$2,520/mo
$118KIncome needed
4.7×Price ÷ income
$582Weekly cost
$15,070Land 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.

75%mortgage
Mortgage $2,520Property tax $215Condo fee $609Total carry $3,345

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)
$2,446per month

Mortgage amount $442,399 · 4.49% over 25 years

$110,600Down payment (20.0%)
$442,399Loan before insurance
$0CMHC premium
$3,270Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,446
Property tax
$215
Condo / maintenance fees
$609
Heating
$0
Estimated monthly cost
$3,270

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

One-time closing costs

Ontario land transfer tax
$7,535
Toronto municipal land transfer tax
$7,535
Estimated closing costs
$15,070

Plus your down payment of $110,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,961/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

$291,431Total interest paid
$733,830Total of all payments
Principal $442,399 Interest $291,431
YearPrincipalInterestBalance
1$9,872$19,481$432,527
2$10,321$19,032$422,206
3$10,789$18,564$411,417
4$11,279$18,074$400,138
5$11,791$17,562$388,346
6$12,327$17,027$376,019
7$12,886$16,467$363,133
8$13,471$15,882$349,662
9$14,083$15,270$335,579
10$14,723$14,631$320,856
11$15,391$13,962$305,465
12$16,090$13,263$289,375
13$16,820$12,533$272,555
14$17,584$11,769$254,971
15$18,382$10,971$236,588
16$19,217$10,136$217,371
17$20,090$9,264$197,281
18$21,002$8,351$176,280
19$21,955$7,398$154,324
20$22,952$6,401$131,372
21$23,994$5,359$107,378
22$25,084$4,269$82,294
23$26,223$3,131$56,071
24$27,413$1,940$28,658
25$28,658$695$0

At the end of your 5-year term

Total paid over the term
$146,766
Principal paid down
$54,053
Interest paid
$92,713
Balance remaining
$388,346

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
3.3%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.

5.9%
Gross yield
− Property tax $2,579− Condo fees $7,311− Insurance $600− Vacancy & upkeep $3,564Net operating income $18,347

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

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