1805-5 Old Sheppard Avenue, Toronto, ON

Pleasant View, Toronto · MLS® C13777558

$549,900
For Sale
Listed 7 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to upscale, carefree living in the heart of the desirable Pleasant View community.
  • Beautifully renovated and freshly painted, this expansive ~1,200 sq. ft.
  • Sun-Filled Interior: North-east exposure provides gentle morning sun and bright, airy open-concept living and dining spaces.
  • Modern Kitchen & Baths: Sleek kitchen featuring stainless steel appliances and generous cabinetry, paired with updated, newly renovated modern-finish bathrooms.
  • Resort-Style Amenities: Enjoy an indoor pool, sauna, fitness centre, tennis/pickleball courts, basketball and squash courts, billiards, party rooms, outdoor BBQs, and...

Welcome to upscale, carefree living in the heart of the desirable Pleasant View community. Beautifully renovated and freshly painted, this expansive ~1,200 sq. ft. 3-bedroom corner suite offers an exceptional blend of comfort, style, and everyday convenience. Sun-Filled Interior: North-east exposure provides gentle morning sun and bright, airy open-concept living and dining spaces. Modern Kitchen & Baths: Sleek kitchen featuring stainless steel appliances and generous cabinetry, paired with updated, newly renovated modern-finish bathrooms. Family-Sized Layout: Three spacious bedrooms with large closets, updated flooring throughout, and in-suite laundry. Worry-Free Maintenance: All-inclusive monthly maintenance fees cover all utilities (heat, hydro, water) plus high-speed internet and cable TV. Resort-Style Amenities: Enjoy an indoor pool, sauna, fitness centre, tennis/pickleball courts, basketball and squash courts, billiards, party rooms, outdoor BBQs, and an on-site convenience store. Unbeatable Connectivity: Located in a secure gated complex minutes to Fairview Mall, Shops at Don Mills, dining, and parks. Commuters will love walking distance to the subway/buses and direct access to Highways 404, 401, and 407. Includes 1 underground parking space with easy options to lease a second.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13777558
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
404 And Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,478/mo
Exposure
East
Property tax
$2,102 / 2026
Days on market
7
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Bedroom 2Main2.75 × 4.06 m

closet · laminate

DenMain4.10 × 2.60 m

east view · laminate

Family RoomMain3.22 × 4.03 m

east view · laminate

Living RoomMain5.90 × 3.54 m

combined w/dining · laminate

Dining RoomMain5.90 × 3.54 m

combined w/living · laminate

Bedroom 3Main2.75 × 4.06 m

closet · laminate

Primary BedroomMain4.87 × 5.03 m

his and hers closets · laminate · 2 pc ensuite

KitchenMain2.22 × 3.98 m

ceramic floor · quartz counter · backsplash

Our TakeTeam Asgarian · Broker
Above what recent sales support
$498Kautomated estimate, from recent sales

Listed at $549,900. Recent sales of homes like it put this one around $498K, so the ask is about 10% above what similar homes have sold for.

If it sells at this ask, expect about $534K, typically $527K to $535K: that is where homes here have closed against their asks in the last 90 days (9 closings).

List price
$464KBelow recent closings$550KAbove recent closings

Total price vs nearby homes. Fair value about $498K, learned from recent GTA sales.

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
7days on market so far
$3,210/moest. rent · 12 leases
7.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $500/sqft against an area asking average of $745/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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $489K. 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
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 ($500/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 10 homes sold in this building over the past two years, from 51 closings in Pleasant View.

What sellers nearby are askingCurrently listed nearby in Pleasant View · asking prices
$411kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $498K, which is where my estimate comes from.

Per square foot, these ask about $414/sqft; this home lists at $500/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
550kThis home400k419k415kThis 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 · 0.2 km awayBelow the GTA average · 35% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Brian Public School · Public elementary0.7 km · 70% at standard
Forest Manor Public School · Public elementary0.9 km · 64% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.9 km · 75% at standard
Kingslake Public School · Public elementary1.1 km · 55% at standard
North East Secondary Alternative School · Public secondary1.1 km
St Timothy Catholic School · Catholic elementary1.2 km · 80% at standard
Woodbine Middle School · Public elementary1.2 km · 45% at standard
Georges Vanier Secondary School · Public secondary1.3 km · 65% at standard
Shaughnessy Public School · Public elementary1.4 km · 68% at standard
Dallington Public School · Public elementary1.4 km · 44% at standard
Fairglen Junior Public School · Public elementary1.4 km · 74% at standard
George S Henry Academy · Public secondary1.5 km · 48% at standard

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

Affordability & Mortgage

Affordability
$2,506/mo
$132KIncome needed
4.2×Price ÷ income
$578Weekly cost
$14,946Land 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.

60%mortgage
Mortgage $2,506Property tax $175Condo fee $1,478Total carry $4,159

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)
$2,408per month

Mortgage amount $439,920 · 4.39% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$4,061Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,408
Property tax
$175
Condo / maintenance fees
$1,478
Heating
$0
Estimated monthly cost
$4,061

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,917/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

$282,483Total interest paid
$722,403Total of all payments
Principal $439,920 Interest $282,483
YearPrincipalInterestBalance
1$9,955$18,941$429,965
2$10,397$18,499$419,568
3$10,858$18,038$408,710
4$11,340$17,556$397,370
5$11,843$17,053$385,527
6$12,369$16,527$373,158
7$12,918$15,978$360,240
8$13,491$15,405$346,749
9$14,090$14,806$332,659
10$14,715$14,181$317,944
11$15,368$13,528$302,576
12$16,050$12,846$286,525
13$16,763$12,133$269,762
14$17,507$11,389$252,256
15$18,284$10,612$233,972
16$19,095$9,801$214,877
17$19,943$8,953$194,934
18$20,828$8,068$174,106
19$21,752$7,144$152,354
20$22,718$6,179$129,637
21$23,726$5,170$105,911
22$24,779$4,117$81,132
23$25,879$3,018$55,254
24$27,027$1,869$28,227
25$28,227$670$0

At the end of your 5-year term

Total paid over the term
$144,481
Principal paid down
$54,393
Interest paid
$90,088
Balance remaining
$385,527

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 12 whole-home leases in Pleasant View$3,210/mo
$38,520Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,050 to $3,371Typical 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 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 $3,210. 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.

7.0%
Gross yield
− Property tax $2,102− Condo fees $17,731− Insurance $600− Vacancy & upkeep $4,237Net operating income $13,849

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

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