2006-2015 Sheppard Avenue, Toronto, ON

Henry Farm, Toronto · MLS® C13765432

$535,000
For Sale
Listed 39 days agoNo offer date stated
2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Ultra at Heron's Hill, located at Sheppard and 404.
  • 2015 Sheppard Ave E unit 2006 is a spacious 2 Bedroom unit with an unobstructed North view from your walkout balcony.
  • Stay connected with bus stops just outside your door step, Don Mills Subway Station to your west, Agincourt GO to your east, or take a short drive to get to Highways...
  • Amenities include the party room, theatre, fitness room, library, indoor pool and sauna, rooftop BBQ area, and more.

Welcome to Ultra at Heron's Hill, located at Sheppard and 404. 2015 Sheppard Ave E unit 2006 is a spacious 2 Bedroom unit with an unobstructed North view from your walkout balcony. Stay connected with bus stops just outside your door step, Don Mills Subway Station to your west, Agincourt GO to your east, or take a short drive to get to Highways 404 or 401. Amenities include the party room, theatre, fitness room, library, indoor pool and sauna, rooftop BBQ area, and more!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13765432
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Sheppard/Hwy 404
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$653/mo
Exposure
North
Property tax
$2,511 / 2025
Days on market
39
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

Primary BedroomGround3.12 × 3.05 m

laminate · walk-in closet(s) · w/o to balcony

Living RoomGround5.03 × 3.12 m

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

Dining RoomGround5.03 × 3.12 m

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

KitchenGround2.74 × 2.29 m

ceramic floor · backsplash · granite counters

Bedroom 2Ground2.74 × 2.74 m

laminate · closet · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$522Klikely sale price

Listed at $535,000. Going by how homes in Henry Farm and the wider GTA have actually closed against their asking prices (about 98%, 30 local closings in 90 days), the likely sale price is near $522K, if it sells. A realistic range is $492K to $565K.

Independent value check: $481K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $447K and $505K).

Why $481K. The typical condo sold in Henry Farm over the past year went for about $500K (172 sales). What sets this one apart:

  • ▲ Raises it2 bedrooms and 1 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$492KBelow recent closings$565KAbove recent closings

Total price vs nearby homes. Likely closing about $522K, from 30 recent closings in this pocket.

The market behind the math:

30sold nearby · 90 days
$448Kmedian sold price
99%of asking, on average
−16%prices vs a year ago
~28 dayshomes like this take to sell
39days on market so far
$2,500/moest. rent · 30 leases
5.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.8 months of inventory: 58 condo apartment homes for sale in the area against 30 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $714/sqft against an area asking average of $725/sqft.

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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $473K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • 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

Priced above comparable homes overall, but the price per square foot ($714/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 23 homes sold in this building over the past two years, from 382 closings in Henry Farm.

Sold price trend

Median sold price for condos in Henry Farm: $434K in September 2026, down 16% from a year ago, on 171 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$576K17
November 2025$478K11
December 2025$534K14
January 2026$505K12
February 2026$551K8
March 2026$509K21
April 2026$473K15
May 2026$441K24
June 2026$465K19
July 2026$444K10
August 2026$443K7
September 2026$434K13

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
$543K
North St. James Town
$765K
Moss Park
$549K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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 elementary0.7 km · 64% at standard
Brian Public School · Public elementary0.9 km · 70% at standard
St Timothy Catholic School · Catholic elementary1.1 km · 80% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.2 km · 75% at standard
George S Henry Academy · Public secondary1.2 km · 48% at standard
Kingslake Public School · Public elementary1.2 km · 55% at standard
North East Secondary Alternative School · Public secondary1.3 km
Woodbine Middle School · Public elementary1.3 km · 45% at standard
Shaughnessy Public School · Public elementary1.3 km · 68% at standard
Donview Middle School · Public elementary1.3 km · 63% at standard
Fenside Public School · Public elementary1.4 km · 72% at standard
Dallington Public School · Public elementary1.4 km · 44% at standard

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

Affordability & Mortgage

Affordability
$2,438/mo
$115KIncome needed
4.6×Price ÷ income
$563Weekly cost
$14,350Land 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.

74%mortgage
Mortgage $2,438Property tax $209Condo fee $653Total carry $3,301

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,366per month

Mortgage amount $428,000 · 4.49% over 25 years

$107,000Down payment (20.0%)
$428,000Loan before insurance
$0CMHC premium
$3,229Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$209
Condo / maintenance fees
$653
Heating
$0
Estimated monthly cost
$3,229

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

One-time closing costs

Ontario land transfer tax
$7,175
Toronto municipal land transfer tax
$7,175
Estimated closing costs
$14,350

Plus your down payment of $107,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,864/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

$281,946Total interest paid
$709,946Total of all payments
Principal $428,000 Interest $281,946
YearPrincipalInterestBalance
1$9,551$18,847$418,449
2$9,985$18,413$408,464
3$10,438$17,960$398,026
4$10,912$17,486$387,114
5$11,408$16,990$375,706
6$11,925$16,472$363,781
7$12,467$15,931$351,314
8$13,033$15,365$338,281
9$13,625$14,773$324,656
10$14,243$14,154$310,413
11$14,890$13,508$295,523
12$15,566$12,832$279,957
13$16,273$12,125$263,684
14$17,012$11,386$246,672
15$17,784$10,614$228,888
16$18,592$9,806$210,296
17$19,436$8,962$190,860
18$20,318$8,080$170,542
19$21,241$7,157$149,301
20$22,205$6,193$127,096
21$23,213$5,184$103,883
22$24,267$4,130$79,615
23$25,369$3,029$54,246
24$26,521$1,877$27,725
25$27,725$673$0

At the end of your 5-year term

Total paid over the term
$141,989
Principal paid down
$52,294
Interest paid
$89,695
Balance remaining
$375,706

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 30 whole-home leases in Henry Farm$2,500/mo
$30,000Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,375 to $2,625Typical rent range
~23 daysTo find a tenant, on average

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 30 whole-home leases in Henry Farm signed at a median of $2,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,500. 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.

5.6%
Gross yield
− Property tax $2,511− Condo fees $7,836− Insurance $600− Vacancy & upkeep $3,300Net operating income $15,752

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LANDPOWER REAL ESTATE LTD.. MLS®/PropTx.

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