B617-3429 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E12659950

$695,000
For Sale
Listed 259 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Brand new, Experience luxury living in this stunning 2 bedroom , 2 bathrooms,1 parking condo.
  • The gourmet kitchen has sleek cabinetry, countertops, and stainless steel appliances .
  • The building provides a range of luxurious amenities, including 24/7 concierge service and a state-of-the-art fitness center.
  • Close to an Asian supermarket, with convenient transportation and access to Highway 401 within 5 minutes.

Brand new, Experience luxury living in this stunning 2 bedroom , 2 bathrooms,1 parking condo. The gourmet kitchen has sleek cabinetry, countertops, and stainless steel appliances . The building provides a range of luxurious amenities, including 24/7 concierge service and a state-of-the-art fitness center. Close to an Asian supermarket, with convenient transportation and access to Highway 401 within 5 minutes.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E12659950
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Sheppard/Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$538/mo
Exposure
South East
Days on market
259
Listing brokerage
BAY STREET INTEGRITY REALTY INC.
Our TakeTeam Asgarian · Broker
Worth a closer look
$483Kautomated comparable-sales estimate

Listed at $695,000. Comparable sales put this home around $483K, so the ask is about 44% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.

Longer on the market than typical. 259 days on the market against about 42 for homes like it here, and asking 44% above where comparable closings put it.

List price
$428KBelow recent closings$695KAbove recent closings

Total price vs nearby homes. Fair value about $483K, median of 91 comparables.

The market behind the math:

25sold nearby · 90 days
$570Kmedian sold price
97%of asking, on average
+10%prices vs a year ago
~35 dayshomes like this take to sell
259days on market so far
$2,639/moest. rent · 14 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 30 condo apartment homes for sale in the area against 25 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 $818/sqft against an area asking average of $685/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 91 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.

What the listing highlights1 point to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Lynngate Junior Public 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 91 comparable homes that sold in Tam O'Shanter-Sullivan over the past two years, from 147 closings there.

What sellers nearby are askingCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$632kavg asking

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 $728/sqft; this home lists at $818/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
695kThis home642k628k667k615k610kThis home vs active comparables

Neighbourhood & location

Tam O'Shanter-Sullivan, 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
Bayview Village
$440K
Willowdale East
$577K
Mount Pleasant West
$509K
Church-Yonge Corridor
$629K

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 Lynngate Junior Public School
61%
Lynngate Junior Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 61% meet the provincial standard
John Buchan Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Vradenburg Junior Public School · Public elementary0.5 km · 75% at standard
Pauline Johnson Junior Public School · Public elementary0.7 km · 58% at standard
Bridlewood Junior Public School · Public elementary0.8 km · 83% at standard
Tam O'Shanter Junior Public School · Public elementary1.0 km · 56% at standard
Inglewood Heights Junior Public School · Public elementary1.1 km · 72% at standard
Parkview Alternative School · Public secondary1.4 km
Caring and Safe School 2 · Public secondary1.4 km
Timberbank Junior Public School · Public elementary1.4 km · 71% at standard
Fairglen Junior Public School · Public elementary1.5 km · 74% at standard
North Bridlewood Junior Public School · Public elementary1.5 km · 69% at standard
Glamorgan Junior Public School · Public elementary1.6 km · 63% at standard
St Gerald Catholic School · Catholic elementary1.7 km · 67% at standard

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

Affordability & Mortgage

Affordability
$3,168/mo
$149KIncome needed
4.7×Price ÷ income
$731Weekly cost
$20,750Land 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.

77%mortgage
Mortgage $3,168Property tax $434Condo fee $538Total carry $4,140

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,043per month

Mortgage amount $556,000 · 4.39% over 25 years

$139,000Down payment (20.0%)
$556,000Loan before insurance
$0CMHC premium
$4,016Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,043
Property tax
$434
Condo / maintenance fees
$538
Heating
$0
Estimated monthly cost
$4,016

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

One-time closing costs

Ontario land transfer tax
$10,375
Toronto municipal land transfer tax
$10,375
Estimated closing costs
$20,750

Plus your down payment of $139,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,687/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

$357,020Total interest paid
$913,020Total of all payments
Principal $556,000 Interest $357,020
YearPrincipalInterestBalance
1$12,582$23,939$543,418
2$13,140$23,381$530,278
3$13,723$22,798$516,555
4$14,332$22,189$502,223
5$14,968$21,552$487,255
6$15,633$20,888$471,622
7$16,326$20,194$455,296
8$17,051$19,470$438,245
9$17,808$18,713$420,437
10$18,598$17,923$401,839
11$19,424$17,097$382,415
12$20,286$16,235$362,130
13$21,186$15,335$340,944
14$22,126$14,395$318,817
15$23,108$13,413$295,709
16$24,134$12,387$271,575
17$25,205$11,316$246,371
18$26,324$10,197$220,047
19$27,492$9,029$192,555
20$28,712$7,809$163,843
21$29,986$6,535$133,857
22$31,317$5,204$102,540
23$32,707$3,814$69,833
24$34,159$2,362$35,675
25$35,675$846$0

At the end of your 5-year term

Total paid over the term
$182,604
Principal paid down
$68,745
Interest paid
$113,859
Balance remaining
$487,255

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 14 whole-home leases in Tam O'Shanter-Sullivan$2,639/mo
$31,668Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,487 to $2,771Typical rent range
~22 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 14 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,540 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,639. 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.

4.6%
Gross yield
− Property tax $4,865− Condo fees $6,456− Insurance $600− Vacancy & upkeep $3,483Net operating income $16,264

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

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