609-3421 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13119834

$2,325/mo
For Lease
Listed 71 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to This One Year old 1Bedroom plus Den, 2-Bath, 670 sq.ft of living space with balcony Condo! Located in a highly sought-after area at Warden & Sheppard. This spacious unit offers the perfect combination of comfort and convenience. Enjoy modern living with: Open-concept layout with contemporary finishes throughout, One parking space included, steps to TTC, parks, close to Seneca College, close to schools, restaurants, and shopping. Quick access to Highway 401 and 404 and much more! Pictures are taken before the tenant moved in.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13119834
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Sheppard / Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$410/mo
Exposure
North
Days on market
71
Listing brokerage
RE/MAX FIND PROPERTIES

Rooms

KitchenFlat3.10 × 3.20 m

laminate · backsplash · stainless steel appl

DenFlat2.16 × 2.16 m

laminate · separate room

Dining RoomFlat3.10 × 3.20 m

laminate · open concept · combined w/living

Living RoomFlat3.10 × 3.71 m

carpet free · open concept · w/o to balcony

Primary BedroomFlat2.59 × 3.51 m

laminate · walk-in closet(s) · north view

Moe’s TakeTeam Asgarian · Broker
In line
$2,354/moest. value

Listed at $2,325/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In Tam O'Shanter-Sullivan lately, landlords have been getting about 98% of asking and homes lease in about 24 days.

Based on 90 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 90 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,350/mo
  • Bathrooms +$100/mo
  • Adjusts to $2,450/mo

That comparable adjusts to $2,450/mo; the $2,354/mo estimate above is the median of all 90 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$2,254/moBelow market$2,427/moAbove market

Total price vs nearby homes. Fair value about $2,354/mo, median of 90 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$2,328avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

511-3429 Sheppard Avenue$2,3501004-195 Bonis Avenue$2,5901308-3260 Sheppard Avenue$2,300707-3121 Sheppard Avenue$2,3002326-238 Bonis Avenue$2,100

The 5 closest active listings nearby.

See all comparable homes
2,325This home2,3502,5902,3002,3002,100This home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $2K
14active listings nearby
71days on market
100leased nearby · 90 days
$2Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Bayview Village
$3K
North St. James Town
$2K
Church-Yonge Corridor
$2K
Annex
$2K
Bay Street Corridor
$2K

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

Affordability & Mortgage

Affordability
$11/mo
$12KIncome needed
0.2×Price ÷ income
$2Weekly cost
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.

3%mortgage
Mortgage $11Property tax $1Condo fee $410Total carry $422

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,860 · 4.14% over 25 years

$465Down payment (20.0%)
$1,860Loan before insurance
$0CMHC premium
$421Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$410
Heating
$0
Estimated monthly cost
$421

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
Toronto municipal land transfer tax
$12
Estimated closing costs
$23

Plus your down payment of $465. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,118Total interest paid
$2,978Total of all payments
Principal $1,860 Interest $1,118
YearPrincipalInterestBalance
1$44$76$1,816
2$45$74$1,771
3$47$72$1,724
4$49$70$1,674
5$51$68$1,623
6$53$66$1,570
7$56$63$1,514
8$58$61$1,456
9$60$59$1,395
10$63$56$1,332
11$66$53$1,267
12$68$51$1,198
13$71$48$1,127
14$74$45$1,053
15$77$42$976
16$81$39$895
17$84$35$811
18$87$32$724
19$91$28$632
20$95$24$538
21$99$20$439
22$103$16$336
23$107$12$228
24$112$7$117
25$117$3$0

At the end of your 5-year term

Total paid over the term
$596
Principal paid down
$237
Interest paid
$359
Balance remaining
$1,623

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX FIND PROPERTIES. MLS®/PropTx.

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