112-70 Old Sheppard Avenue, Toronto, ON

Pleasant View, Toronto · MLS® C13628242

$415,000
For Sale
Listed 50 days agoNo offer date statedSitting longer than typical
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2Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • 2 bedroom unit in quiet, low rise boutique building surrounded by parks and green spaces.
  • Bath Has been renovated and all interior doors have been replaced.
  • Convenient ground floor unit, no need for stairs or elevator.
  • Ideally located close to shopping,mall, highways, subway, parks, schools & hospital.

2 bedroom unit in quiet, low rise boutique building surrounded by parks and green spaces. Bath Has been renovated and all interior doors have been replaced. Convenient ground floor unit, no need for stairs or elevator. Fees include: heat, hydro, water, cable and unlimited high speed internet. Perfect for Downsizers and First-Time Buyers. Ideally located close to shopping,mall, highways, subway, parks, schools & hospital.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13628242
Bedrooms
2
Bathrooms
1
Size
900-999 sq ft
Cross streets
Sheppard /404
Parking
1 garage (surface)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Stucco (Plaster)
Maintenance
$897/mo
Exposure
North
Property tax
$1,700 / 2025
Days on market
50
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenFlat3.15 × 3.35 m

Laminate

Living RoomFlat6.27 × 3.27 m

parquet · combined w/dining · w/o to balcony

Bedroom 2Flat3.89 × 2.72 m

parquet · closet · picture window

Primary BedroomFlat3.89 × 3.35 m

parquet · closet · picture window

Dining RoomFlat2.50 × 3.00 m

parquet · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$403Klikely closing

Listed at $415,000 with no offer date. Homes here have been closing close to ask, so my read is $403K, typically $398K to $404K. Comparable closings on their own put this home around $391K, which supports the ask, so this is a firm read.

Longer on the market than typical. 50 days on the market against about 33 for homes like it here, and asking 6% above where comparable closings put it.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$398KBelow recent closings$415KAbove recent closings

Total price vs nearby homes. Likely closing about $403K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$430Kmedian sold price
96%of asking, on average
−15%prices vs a year ago
~21 dayshomes like this take to sell
50days on market so far
$2,656/moest. rent · 5 leases
7.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $437/sqft against an area asking average of $789/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $406K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($437/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Pleasant View, so I widened the search to the surrounding area.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Pleasant View, from 51 closings in Pleasant View.

What sellers nearby are askingCurrently listed nearby in Pleasant View · asking prices
$456kavg 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 $435/sqft; this home lists at $437/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
415kThis home419k400k550kThis home vs active comparables

Neighbourhood & location

Pleasant View, 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.

Henry Farm
$499K
Tam O'Shanter-Sullivan
$499K
Bayview Village
$440K
Willowdale East
$577K
Mount Pleasant West
$509K

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 · 0.1 km awayBelow the GTA average · 35% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Brian Public School · Public elementary0.6 km · 70% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.8 km · 75% at standard
Forest Manor Public School · Public elementary1.0 km · 64% at standard
Kingslake Public School · Public elementary1.0 km · 55% at standard
North East Secondary Alternative School · Public secondary1.1 km
Woodbine Middle School · Public elementary1.2 km · 45% at standard
St Timothy Catholic School · Catholic elementary1.2 km · 80% at standard
Georges Vanier Secondary School · Public secondary1.3 km · 65% at standard
Fairglen Junior Public School · Public elementary1.4 km · 74% at standard
Ernest Public School · Public elementary1.5 km · 63% at standard
Dallington Public School · Public elementary1.5 km · 44% at standard
Shaughnessy Public School · Public elementary1.5 km · 68% at standard

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

Affordability & Mortgage

Affordability
$1,891/mo
$97KIncome needed
4.3×Price ÷ income
$436Weekly cost
$9,550Land 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.

65%mortgage
Mortgage $1,891Property tax $142Condo fee $897Total carry $2,931

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,817per month

Mortgage amount $332,000 · 4.39% over 25 years

$83,000Down payment (20.0%)
$332,000Loan before insurance
$0CMHC premium
$2,856Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,817
Property tax
$142
Condo / maintenance fees
$897
Heating
$0
Estimated monthly cost
$2,856

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

One-time closing costs

Ontario land transfer tax
$4,775
Toronto municipal land transfer tax
$4,775
Estimated closing costs
$9,550

Plus your down payment of $83,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,202/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

$213,185Total interest paid
$545,185Total of all payments
Principal $332,000 Interest $213,185
YearPrincipalInterestBalance
1$7,513$14,295$324,487
2$7,846$13,961$316,641
3$8,194$13,613$308,447
4$8,558$13,249$299,889
5$8,938$12,869$290,951
6$9,335$12,473$281,616
7$9,749$12,059$271,867
8$10,182$11,626$261,686
9$10,633$11,174$251,052
10$11,105$10,702$239,947
11$11,598$10,209$228,349
12$12,113$9,694$216,236
13$12,651$9,157$203,585
14$13,212$8,595$190,373
15$13,798$8,009$176,575
16$14,411$7,397$162,164
17$15,050$6,757$147,113
18$15,718$6,089$131,395
19$16,416$5,391$114,979
20$17,145$4,663$97,835
21$17,905$3,902$79,929
22$18,700$3,107$61,229
23$19,530$2,277$41,699
24$20,397$1,411$21,302
25$21,302$505$0

At the end of your 5-year term

Total paid over the term
$109,037
Principal paid down
$41,049
Interest paid
$67,988
Balance remaining
$290,951

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
From 5 whole-home leases in Pleasant View$2,656/mo
$31,872Gross annual rent
3.7%Cap rate after taxes and upkeep
$2,337 to $2,974Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Pleasant View signed at a median of $2,282 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,656. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.7%
Gross yield
− Property tax $1,700− Condo fees $10,770− Insurance $600− Vacancy & upkeep $3,506Net operating income $15,297

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

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