358-8855 Sheppard Avenue, Toronto, ON
Rouge E11, Toronto · MLS® E12898284
About this home
!!! Only 6 Years Old - Stunning Urban Townhouse in Rouge, Scarborough !!! Exceptionally Well Kept & Cozy Unit Offers 2Br + Den with 3 Washrooms & Extremely a larger private Rooftop Terrace Perfect For Entertaining. Ideal For 1st Time Buyers or young families. Well Maintained Complex W/Lower Maintenance Fee. Super Clean & Sun Filled Unit W/Practical design & layout. Comes with decent upgrades, Entire House recently Painted, Laminate Floor throughout in the Main floor. Boasting a 9' ceiling on the main floor. Dining Rm W/O to a balcony with a desirable North Exposure. White gleaming kitchen W/ Granite countertop & S/S Appliances. Stacked ensuite laundry adds everyday convenience. Master Br W/2 Mirrored closets & 3 pc Ensuite with Quartz vanity. 2nd Br with a Mirrored closet and give the option of W/O to Balcony. Den can be converted to an office or lounge area. The 3rd floor gives an unimaginable oversize private space "RoofTop Terrace" (21.36' x 19.13') perfect for BBQ & small gatherings. Owned Underground Parking. Ttc At Doorstep. Access to Rough valley Conveniences, Rouge Valley Community Rec Centre, Toronto PAN AM Sports Centre, Mins to Hwy 401, Nature Trails, Toronto Zoo, Major Retail shops Home Depot, Walmart & University of Toronto's Scarborough Campus - making it a perfect blend of comfort, convenience and lifestyle.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- E12898284
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1000-1199
- Cross streets
- Sheppard Ave E & Meadowvale Road
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $475/mo
- Exposure
- North
- Property tax
- $3,605 / 2026
- Days on market
- 120
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
broadloom · mirrored closet · 3 pc ensuite
laminate · granite counters · stainless steel appl
Laminate
broadloom · mirrored closet · w/o to balcony
laminate · open concept · north view
laminate · open concept · w/o to balcony
Listed at $639,900, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $772K, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $668K
- Bathrooms +$15K
- Adjusts to $683K
That comparable adjusts to $683K; the $541K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is John G Diefenbaker Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sheppard Ave East at Ecopark Gate East Side is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $541K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 7% above the area average of $542/sqft.
116 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rouge E11, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Sheppard Ave East at Ecopark Gate East Side, about 21 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $511,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,732
- Property tax
- $300
- Condo / maintenance fees
- $475
- Heating
- $0
- Estimated monthly cost
- $3,507
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,273
- Toronto municipal land transfer tax
- $9,273
- Estimated closing costs
- $18,546
Plus your down payment of $127,980. 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
- $163,908
- Principal paid down
- $65,193
- Interest paid
- $98,715
- Balance remaining
- $446,727
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.