221-2035 Sheppard Avenue, Toronto, ON

Henry Farm, Toronto · MLS® C13600970

$359,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • The suite has almost 600 square feet of living space.
  • The area provides easy access to major highways including the 404, 401, and DVP.
  • The building offers resort-inspired amenities such as an indoor pool and fitness centre.

The suite has almost 600 square feet of living space. It is a one-bedroom unit located on the second floor. The suite has a full-width balcony. The location is near Don Mills subway station and Fairview Mall. The area provides easy access to major highways including the 404, 401, and DVP. The building offers resort-inspired amenities such as an indoor pool and fitness centre. The community is well-managed and highly sought-after. *For Additional Property Details Click The Brochure Icon Below*

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13600970
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Sheppard and Yorkland Road
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$477/mo
Exposure
North East
Property tax
$1,749 / 2026
Days on market
87
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

KitchenMain5.15 × 3.32 m
Living RoomMain5.15 × 3.32 m
Dining RoomMain5.15 × 3.32 m
BedroomMain2.92 × 3.32 m
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

The assigned public school is Pleasant View Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Henry Farm, 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
North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K

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 Muirhead Public School
35%
Muirhead Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 35% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Forest Manor Public School · Public elementary0.8 km · 64% at standard
Brian Public School · Public elementary0.8 km · 70% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.2 km · 75% at standard
St Timothy Catholic School · Catholic elementary1.2 km · 80% at standard
George S Henry Academy · Public secondary1.3 km · 48% at standard
Donview Middle School · Public elementary1.3 km · 63% at standard
Kingslake Public School · Public elementary1.3 km · 55% at standard
Fenside Public School · Public elementary1.3 km · 72% at standard
North East Secondary Alternative School · Public secondary1.3 km
Woodbine Middle School · Public elementary1.4 km · 45% at standard
Shaughnessy Public School · Public elementary1.4 km · 68% at standard
Georges Vanier Secondary School · Public secondary1.5 km · 65% at standard

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

Affordability & Mortgage

Affordability
$1,636/mo
$80KIncome needed
4.5×Price ÷ income
$378Weekly cost
$7,720Land 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.

72%mortgage
Mortgage $1,636Property tax $146Condo fee $477Total carry $2,259

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)
$1,588per month

Mortgage amount $287,200 · 4.49% over 25 years

$71,800Down payment (20.0%)
$287,200Loan before insurance
$0CMHC premium
$2,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,588
Property tax
$146
Condo / maintenance fees
$477
Heating
$0
Estimated monthly cost
$2,211

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

One-time closing costs

Ontario land transfer tax
$3,860
Toronto municipal land transfer tax
$3,860
Estimated closing costs
$7,720

Plus your down payment of $71,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,922/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

$189,193Total interest paid
$476,393Total of all payments
Principal $287,200 Interest $189,193
YearPrincipalInterestBalance
1$6,409$12,647$280,791
2$6,700$12,356$274,091
3$7,004$12,051$267,087
4$7,322$11,733$259,764
5$7,655$11,401$252,109
6$8,002$11,053$244,107
7$8,366$10,690$235,741
8$8,746$10,310$226,996
9$9,143$9,913$217,853
10$9,558$9,498$208,296
11$9,992$9,064$198,304
12$10,445$8,610$187,859
13$10,920$8,136$176,939
14$11,415$7,640$165,524
15$11,934$7,122$153,590
16$12,476$6,580$141,115
17$13,042$6,014$128,073
18$13,634$5,422$114,439
19$14,253$4,803$100,185
20$14,900$4,155$85,285
21$15,577$3,479$69,708
22$16,284$2,772$53,424
23$17,023$2,032$36,401
24$17,796$1,259$18,604
25$18,604$451$0

At the end of your 5-year term

Total paid over the term
$95,279
Principal paid down
$35,091
Interest paid
$60,188
Balance remaining
$252,109

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$1,700/mo
$20,400Gross annual rent
2.8%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.

5.7%
Gross yield
− Property tax $1,749− Condo fees $5,728− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,079

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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