165 Sheridan Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C13753572
About this home
In short
- Welcome to 165 Sheridan Ave, your sweet & stylish 3 bed, 2 bath home, tucked away on a quiet residential street in one of Toronto's most vibrant and sought-after...
- Thoughtfully updated and filled with warm, comfortable spaces The beautifully updated living room and kitchen are both stylish & functional, with a walkout to the...
Welcome to 165 Sheridan Ave, your sweet & stylish 3 bed, 2 bath home, tucked away on a quiet residential street in one of Toronto's most vibrant and sought-after neighbourhoods.Thoughtfully updated and filled with warm, comfortable spaces The beautifully updated living room and kitchen are both stylish & functional, with a walkout to the backyard: a private, fully fenced oasis that becomes an extension of your living space throughout the warmer months. Picture summer evenings gathered with friends, morning coffee in the sunshine, or simply relaxing at the end of the day. It's the kind of outdoor space that makes a house truly feel like home.The flexible main floor bedroom can be tailored to suit your lifestyle... it can also be converted into a cozy dining room, dedicated home office, or even a creative studio.Upstairs, you'll find two generously sized bedrooms offering bright, comfortable retreats at the end of the day. Stylish finishes and beautiful lighting add just the right touch of personality throughout.The lower level offers valuable additional space, laundry and an extra bathroom, with plenty of potential to customize and finish over time. Create the space that works best for you, whether that's a home gym, recreation room, workshop, office or simply much-needed storage.The location is hard to beat. You're right in the heart of it all, surrounded by the incredible shops, cafés and restaurants of Little Portugal and Dundas West, with Dufferin Grove and McCormick Parks near. Everything you love about city living is right outside your door, yet you're tucked away on a peaceful residential street when it's time to come home.Families will appreciate the excellent selection of nearby schools, including Bloor Collegiate Institute, Shirley Street Junior Public School, Alex Muir/Gladstone Avenue Junior and Senior Public School and St. Helen Catholic School.Come see for yourself. Fall in love. Then move right in and start making memories.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- C13753572
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 14 × 100 ft
- Cross streets
- Dufferin And Dundas
- Parking
- 0 parking
- Driveway
- None
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Membrane
- Sewer
- Sewer
- Property tax
- $4,743 / 2025
- Days on market
- 3
- Listing brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
Rooms
Window
eat-in kitchen · stainless steel appl · w/o to patio
pot lights · picture window
tile floor · closet
hardwood floor · picture window · pot lights
picture window · ceiling fan(s) · overlooks backyard
Window
2 Pc Bath
4 pc bath · tile floor
picture window · ceiling fan(s) · overlooks frontyard
Listed at $999,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.08M, typically $924K to $1.35M. Comparable closings on their own put this home around $1.26M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.05M. That is about 16% below the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.08M, median of 34 comparables.
The market behind the math:
About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $768/sqft against an area asking average of $823/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 34 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.05M, a close match.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Little Portugal, so I widened the search to the surrounding area.
Based on 34 comparable homes that sold in Little Portugal over the past two years, from 44 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.26M, which is where my estimate comes from.
Per square foot, these ask about $803/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Little Portugal, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,309
- Property tax
- $395
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,704
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $258,515
- Principal paid down
- $100,586
- Interest paid
- $157,929
- Balance remaining
- $698,614
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 17 whole-home leases in Little Portugal signed at a median of $4,742 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,591. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ASSOCIATES REALTY INC.. MLS®/PropTx.