508-5 Old Sheppard Avenue, Toronto, ON
Pleasant View, Toronto · MLS® C13758226
About this home
In short
- This listing describes a freshly renovated 2-bedroom condo offering 950 square feet of legal sq footage in Toronto's desirable Pleasant View neighbourhood.
- Recent Renovations: The unit has been updated throughout with a refreshed kitchen and bathrooms, newer flooring, newer sinks and faucets, updated vanities, and a...
- Layout & Comfort: Spans over 950 sq. ft. featuring large bedrooms, in-suite laundry, and a generous private balcony with bright south-western views.
- Parking : Comes with 1 dedicated underground parking space - additional outdoor parking available for $50 monthly fee from condo management.
- Amenities: Located in a well-maintained gated community with premium facilities including a 7 days access convenience store in the lobby, an indoor pool, sauna...
This listing describes a freshly renovated 2-bedroom condo offering 950 square feet of legal sq footage in Toronto's desirable Pleasant View neighbourhood. It features a bright south-west exposure, a gate-secured community, and a highly competitive, all-inclusive maintenance structure that covers dual cable outlet and all utilities (heat, hydro, and water).Recent Renovations: The unit has been updated throughout with a refreshed kitchen and bathrooms, newer flooring, newer sinks and faucets, updated vanities, and a fresh coat of paint.Layout & Comfort: Spans over 950 sq. ft. featuring large bedrooms, in-suite laundry, and a generous private balcony with bright south-western views.Parking : Comes with 1 dedicated underground parking space - additional outdoor parking available for $50 monthly fee from condo management. Amenities: Located in a well-maintained gated community with premium facilities including a 7 days access convenience store in the lobby, an indoor pool, sauna, fitness centre, basketball, squash, and tennis courts, billiards, table tennis, a party room, and a BBQ area.Location/Commuting Convenience : Situated just on the border of the Pleasant View and Don Valley Village area, this location is an exceptional hub for drivers and transit riders alike. Transit Access At Door Step, Within walking distance to the TTC Subway (Don Mills Station, Line 4) and major bus routes.Highway Connectivity: Minutes away from major arteries including Highway 404, 401, and the 407 ETR for quick travel across the Greater Toronto Area (GTA).Shopping & Lifestyle: Close proximity to premium retail hubs like Fairview Mall and the Shops at Don Mills, as well as local schools, parks, and restaurants.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13758226
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- Sheppard/Hwy404
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,192/mo
- Exposure
- South West
- Property tax
- $1,934 / 2026
- Days on market
- 11
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
laminate · separate room · window
laminate · closet · window
laminate · 2 pc ensuite · his and hers closets
laminate · quartz counter · undermount sink
laminate · separate room · w/o to balcony
Listed at $419,000 with no offer date. Homes here have been closing close to ask, so my read is $407K, typically $401K to $408K. Comparable closings on their own put this home around $443K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $407K, from 9 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $441/sqft against an area asking average of $809/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 $432K. Condition and finishes remain an in-person call.
What the listing highlights2 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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
There were not many closely comparable homes right in Pleasant View, so I widened the search to the surrounding area.
Based on 10 homes sold in this building over the past two years, from 51 closings in Pleasant View.
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 $434/sqft; this home lists at $441/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Pleasant View, 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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $335,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,835
- Property tax
- $161
- Condo / maintenance fees
- $1,192
- Heating
- $0
- Estimated monthly cost
- $3,188
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,855
- Toronto municipal land transfer tax
- $4,855
- Estimated closing costs
- $9,710
Plus your down payment of $83,800. 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
- $110,088
- Principal paid down
- $41,445
- Interest paid
- $68,643
- Balance remaining
- $293,755
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 12 whole-home leases in Pleasant View signed at a median of $2,720 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,837. 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 CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.