502-741 Sheppard Avenue, Toronto, ON

Clanton Park, Toronto · MLS® C13642750

$614,900
For Sale
Listed 75 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space...
  • Featuring 9-foot ceilings and expansive floor-to-ceiling windows, this bright and airy suite is filled with natural light and showcases a desirable split-bedroom...
  • Complete with 1 underground parking space and 1 locker, residents enjoy an exceptional collection of boutique amenities including a fully equipped fitness centre...
  • Ideally located in Toronto's sought-after Clanton Park neighbourhood, just steps to Sheppard West Subway Station and minutes to Highway 401, Yorkdale Shopping Centre...

Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space plus a 90 sq. ft. private south-facing balcony. Featuring 9-foot ceilings and expansive floor-to-ceiling windows, this bright and airy suite is filled with natural light and showcases a desirable split-bedroom layout, contemporary finishes, and seamless open-concept living and dining-perfect for both everyday living and effortless entertaining. Complete with 1 underground parking space and 1 locker, residents enjoy an exceptional collection of boutique amenities including a fully equipped fitness centre, sauna, elegant party room, bike storage, and a spectacular rooftop terrace with panoramic city views. Ideally located in Toronto's sought-after Clanton Park neighbourhood, just steps to Sheppard West Subway Station and minutes to Highway 401, Yorkdale Shopping Centre, Downsview Park, restaurants, cafés, and everyday conveniences, this turnkey residence offers the perfect blend of luxury, comfort, and urban connectivity.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13642750
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Sheppard / Wilson Heights Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$516/mo
Exposure
South
Property tax
$2,839 / 2026
Days on market
75
Listing brokerage
SUTTON GROUP REALTY SYSTEMS INC.

Rooms

Living RoomMain5.21 × 3.82 m

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

Bedroom 2Main2.90 × 2.90 m

double closet · broadloom · w/o to balcony

KitchenMain2.29 × 2.22 m

stainless steel appl · ceramic floor · granite counters

Dining RoomMain5.21 × 3.82 m

combined w/living · laminate · open concept

Primary BedroomMain3.66 × 3.66 m

4 pc ensuite · large closet · broadloom

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

Clanton Park, 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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 9 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 elementary1.8 km · 49% at standard
Summit Heights Public School · Public elementary1.9 km · 85% at standard
Wilmington Elementary School · Public elementary2.0 km · 67% at standard
Cameron Public School · Public elementary2.0 km · 81% at standard
Yorkview Public School · Public elementary2.3 km · 52% at standard
Northview Heights Secondary School · Public secondary2.3 km · 72% at standard
Willowdale Middle School · Public elementary2.4 km · 78% at standard
Churchill Public School · Public elementary2.5 km · 83% at standard

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

Affordability & Mortgage

Affordability
$2,803/mo
$127KIncome needed
4.8×Price ÷ income
$647Weekly cost
$17,546Land 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.

79%mortgage
Mortgage $2,803Property tax $237Condo fee $516Total carry $3,555

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)
$2,720per month

Mortgage amount $491,920 · 4.49% over 25 years

$122,980Down payment (20.0%)
$491,920Loan before insurance
$0CMHC premium
$3,472Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,720
Property tax
$237
Condo / maintenance fees
$516
Heating
$0
Estimated monthly cost
$3,472

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

One-time closing costs

Ontario land transfer tax
$8,773
Toronto municipal land transfer tax
$8,773
Estimated closing costs
$17,546

Plus your down payment of $122,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,292/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

$324,053Total interest paid
$815,973Total of all payments
Principal $491,920 Interest $324,053
YearPrincipalInterestBalance
1$10,978$21,661$480,942
2$11,476$21,163$469,466
3$11,997$20,642$457,469
4$12,542$20,097$444,928
5$13,111$19,528$431,816
6$13,707$18,932$418,110
7$14,329$18,310$403,781
8$14,979$17,660$388,802
9$15,660$16,979$373,142
10$16,371$16,268$356,772
11$17,114$15,525$339,658
12$17,891$14,748$321,767
13$18,703$13,936$303,064
14$19,552$13,087$283,511
15$20,440$12,199$263,071
16$21,368$11,271$241,703
17$22,338$10,301$219,365
18$23,353$9,286$196,012
19$24,413$8,226$171,599
20$25,521$7,118$146,077
21$26,680$5,959$119,397
22$27,892$4,747$91,506
23$29,158$3,481$62,348
24$30,482$2,157$31,866
25$31,866$773$0

At the end of your 5-year term

Total paid over the term
$163,195
Principal paid down
$60,104
Interest paid
$103,091
Balance remaining
$431,816

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.

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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
2.6%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.

4.7%
Gross yield
− Property tax $2,839− Condo fees $6,191− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,002

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

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