315-676 Sheppard Avenue, Toronto, ON

Bayview Village, Toronto · MLS® C13585344

$560,000
For Sale
Listed 1 day ago
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2Bedrooms
2Bathrooms
1Parking
700-799Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Elegant Condo Boutique in the Heart of Bayview Village. One Bedroom plus Den. All Luxury Finishes From The Master Builder Shane Baghai, 755 Sq. Ft. Bus at your footsteps, walk to Subway, minutes from 401. YMCA across the Street. Exquisitely Furnished. Excellent high-end rental business opportunity. Current tenant pays $2,550 until October 5, 2026. Furniture is Negotiable.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13585344
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
700-799
Cross streets
Sheppard & Bayview
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Roof
Not Applicable
Maintenance
$655/mo
Exposure
East
Property tax
$3,409 / 2025
Days on market
1
Listing brokerage
HOMELIFE EXCELSIOR REALTY INC.

Rooms

Dining RoomFlat5.95 × 3.17 m

balcony · combined w/family

KitchenFlat2.50 × 2.40 m

stainless steel appl · granite counters · breakfast bar

Family RoomFlat5.95 × 3.17 m

balcony · carpet free · combined w/dining

Primary BedroomFlat3.96 × 3.10 m

4 pc ensuite · closet organizers · balcony

DenFlat2.75 × 2.50 m

french doors · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$565Kest. value

Listed at $560,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Bayview Village lately, sellers have been getting about 98% of asking and homes sell in about 34 days.

Based on 89 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 89 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $631K, a bit higher.

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, sold for $535K
  • Adjusts to $535K

That comparable adjusts to $535K; the $565K estimate above is the median of all 89 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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 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
$499KGreat deal$628KOverpriced

Total price vs nearby homes. Fair value about $565K, median of 89 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby in Bayview Village · asking prices
$562kavg asking

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

516-17 Kenaston Gardens$575k1211-15 Singer Court$540k2012-95 Mcmahon Drive$598k628-621 Sheppard Avenue$600k808-2885 Bayview Avenue$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
560kThis home575k540k598k600k499kThis home vs active comparables
Live market pulseActive comparables in Bayview Village · median list $589K
$747this home / sqft
68active listings nearby
1days on market
100sold nearby · 90 days
$554Kmedian sold price
98%of asking, on average

This home lists 12% below the area average of $845/sqft.

0 days faster 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

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

88/ 100

Walker's ParadiseA 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 at Greenbriar Rd, about 37 m away

20+ transit stops2 grocery20+ dining20+ parks7 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
$651K
Henry Farm
$565K
Mount Pleasant West
$788K
Woburn
$500K
Annex
$513K

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 · 2.7 km awayAround the GTA average · 69% meet the provincial standard
Avondale Elementary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,552/mo
$122KIncome needed
4.6×Price ÷ income
$589Weekly 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.

73%mortgage
Mortgage $2,552Property tax $284Condo fee $655Total carry $3,492

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,391per month

Mortgage amount $448,000 · 4.14% over 25 years

$112,000Down payment (20.0%)
$448,000Loan before insurance
$0CMHC premium
$3,330Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,391
Property tax
$284
Condo / maintenance fees
$655
Heating
$0
Estimated monthly cost
$3,330

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

One-time closing costs

Ontario land transfer tax
$7,675
Toronto municipal land transfer tax
$7,675
Estimated closing costs
$15,350

Plus your down payment of $112,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,904/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

$269,208Total interest paid
$717,208Total of all payments
Principal $448,000 Interest $269,208
YearPrincipalInterestBalance
1$10,495$18,193$437,505
2$10,934$17,754$426,571
3$11,391$17,297$415,179
4$11,868$16,820$403,311
5$12,364$16,324$390,947
6$12,882$15,807$378,066
7$13,420$15,268$364,645
8$13,982$14,707$350,664
9$14,567$14,122$336,097
10$15,176$13,513$320,921
11$15,811$12,878$305,111
12$16,472$12,216$288,639
13$17,161$11,527$271,478
14$17,879$10,810$253,599
15$18,627$10,062$234,972
16$19,406$9,283$215,567
17$20,217$8,471$195,349
18$21,063$7,625$174,286
19$21,944$6,744$152,342
20$22,862$5,826$129,480
21$23,818$4,870$105,662
22$24,815$3,874$80,847
23$25,853$2,836$54,994
24$26,934$1,754$28,061
25$28,061$628$0

At the end of your 5-year term

Total paid over the term
$143,442
Principal paid down
$57,053
Interest paid
$86,389
Balance remaining
$390,947

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
2.5%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.

5.1%
Gross yield
− Property tax $3,409− Condo fees $7,863− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,759

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

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