41 Carl Shepway, Toronto, ON

Don Valley Village, Toronto · MLS® C13849450

$799,900
For Sale
Listed 18 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Welcome to 41 Carl Shepway a gorgeous 3 Bedroom Executive Town Home at the North East Corner of Leslie and Sheppard.
  • 41 Carl Shepway is a very stylish & sun filled 3 Bedroom, 1385 sq.ft.
  • The magnificent Living Room has 11 ft high smooth ceilings with modern pot lights and a walkout to a secluded backyard Oasis with no neighbours at the back.
  • Lower level has a brand new 2pce Bathroom, closet, finished Rec Room with new Laminate floors, large window and a seperate shower.
  • You will certainly enjoy a dip in the Outdoor Pool next summer.

Welcome to 41 Carl Shepway a gorgeous 3 Bedroom Executive Town Home at the North East Corner of Leslie and Sheppard. Located in a village like neighbourhood called "The Shepways" nestled amongst picture perfect landscaped paths, this Town House feels like home! 41 Carl Shepway is a very stylish & sun filled 3 Bedroom, 1385 sq.ft. Executive Town House. The magnificent Living Room has 11 ft high smooth ceilings with modern pot lights and a walkout to a secluded backyard Oasis with no neighbours at the back. Lower level has a brand new 2pce Bathroom, closet, finished Rec Room with new Laminate floors, large window and a seperate shower. The entire house is freshly painted. Many new features have been added such as new Laminate Flooring, new Bathroom Vanities, Faucets, Laundry Rm Sink, new Lighting, new Dishwasher and more. Your visitors will appreciate the ample Visitor Parking located directly across the street. You will certainly enjoy a dip in the Outdoor Pool next summer !

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13849450
Bedrooms
3
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Leslie & Sheppard North/East Corner
Parking
1 garage · 2 parking (built-in)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Cedar
Maintenance
$828/mo
Exposure
West
Property tax
$4,266 / 2026
Days on market
18
Listing brokerage
THE DIAMOND REALTY INC.

Rooms

Primary BedroomSecond5.13 × 3.53 m

mirrored closet · laminate · picture window

LaundryUpper2.13 × 2.13 m

Laundry Sink

RecreationLower3.89 × 3.38 m

2 pc bath · separate shower

KitchenUpper3.56 × 3.12 m

eat-in kitchen · window

Living RoomIn Between5.85 × 3.50 m

w/o to patio · separate room

Bedroom 3Second2.90 × 3.15 m

large closet · laminate · picture window

Bedroom 2Second2.82 × 3.66 m

laminate · picture window

Dining RoomUpper3.70 × 3.05 m

overlooks living · hardwood floor · separate room

Our TakeTeam Asgarian · Broker
In line with recent sales
$781Kautomated estimate, from recent sales

Listed at $799,900, about 2% above our estimate of $781K (homes like it typically land between $727K and $821K).

Why $781K. The typical townhouse sold in Don Valley Village over the past year went for about $716K (38 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,266 a year; the typical home sold here pays about $3,100.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$727KBelow our range$821KAbove our range

Total price vs nearby homes. Fair value about $781K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
18days on market so far
$3,504/moest. rent · 6 leases
5.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.8 months of inventory: 9 condo townhouse homes for sale in the area against 4 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 $616/sqft against an area asking average of $526/sqft.

  • Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $788K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Georges Vanier Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 5 homes sold in this building over the past two years, from 52 closings in Don Valley Village.

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 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. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

Don Valley Village, 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.

St. Andrew-Windfields
$929K
Victoria Village
$754K
Dorset Park
$671K
Downsview-Roding-CFB
$699K
Casa Loma
$2.80M

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 Dallington Public School
44%
Dallington Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 44% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Shaughnessy Public School · Public elementary0.8 km · 68% at standard
Lescon Public School · Public elementary0.9 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary1.3 km · 61% at standard
Dunlace Public School · Public elementary1.4 km · 69% at standard
North East Secondary Alternative School · Public secondary1.4 km
Forest Manor Public School · Public elementary1.4 km · 64% at standard
Elkhorn Public School · Public elementary1.6 km · 85% at standard
Crestview Public School · Public elementary1.7 km · 69% at standard
Kingslake Public School · Public elementary1.8 km · 55% at standard
Don Valley Middle School · Public elementary1.9 km · 87% at standard
George S Henry Academy · Public secondary1.9 km · 48% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary2.0 km

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

Affordability & Mortgage

Affordability
$3,646/mo
$169KIncome needed
4.7×Price ÷ income
$841Weekly cost
$24,946Land 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.

75%mortgage
Mortgage $3,646Property tax $356Condo fee $828Total carry $4,829

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)
$3,538per month

Mortgage amount $639,920 · 4.49% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$4,722Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$356
Condo / maintenance fees
$828
Heating
$0
Estimated monthly cost
$4,722

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

One-time closing costs

Ontario land transfer tax
$12,473
Toronto municipal land transfer tax
$12,473
Estimated closing costs
$24,946

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,548Total interest paid
$1,061,468Total of all payments
Principal $639,920 Interest $421,548
YearPrincipalInterestBalance
1$14,280$28,178$625,640
2$14,929$27,530$610,711
3$15,606$26,852$595,105
4$16,315$26,144$578,789
5$17,056$25,403$561,734
6$17,830$24,628$543,903
7$18,640$23,819$525,263
8$19,486$22,973$505,777
9$20,371$22,088$485,406
10$21,296$21,163$464,111
11$22,263$20,196$441,848
12$23,274$19,185$418,574
13$24,330$18,128$394,244
14$25,435$17,024$368,809
15$26,590$15,869$342,219
16$27,797$14,662$314,422
17$29,059$13,400$285,363
18$30,379$12,080$254,984
19$31,758$10,701$223,226
20$33,200$9,259$190,027
21$34,707$7,751$155,319
22$36,283$6,176$119,036
23$37,930$4,528$81,106
24$39,653$2,806$41,453
25$41,453$1,006$0

At the end of your 5-year term

Total paid over the term
$212,294
Principal paid down
$78,186
Interest paid
$134,107
Balance remaining
$561,734

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 6 whole-home leases in Don Valley Village$3,504/mo
$42,048Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,224 to $3,785Typical rent range
~16 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 6 whole-home leases in Don Valley Village signed at a median of $3,404 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,504. 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.

5.3%
Gross yield
− Property tax $4,266− Condo fees $9,933− Insurance $600− Vacancy & upkeep $4,625Net operating income $22,624

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

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