8840 Sheppard Avenue, Toronto, ON

Rouge E11, Toronto · MLS® E13148372

$3,250/mo
For Lease
Listed 63 days ago
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4Bedrooms
2Bathrooms
1Garage · 2 parking
2500-3000Sq Ft

About this home

Newly Renovated 3 Bedrooms 2 Washrooms Townhouse At Sheppard/Conlins, Master Bedroom With Walk In Closet And Semi Ensuite. Steps To Ttc, Minutes To 401 And All Amenities. This Townhouse Has It Own Separate Cac, Heating(Furnace) Private Entrance.

Key facts

Property type
Townhouse, 3-Storey
MLS®
E13148372
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
2500-3000
Lot
22.97 × 85.3 ft
Cross streets
Conlins / Sheppard
Parking
1 garage · 2 parking (attached)
Driveway
Private Double
Basement
None
Heating
Other
A/C
Central Air
Exterior
Brick, Wood
Foundation
Concrete
Roof
Shingles
Sewer
Other
Days on market
63
Listing brokerage
HOMELIFE/CHAMPIONS REALTY INC.

Rooms

BreakfastSecond0.00 × 0.00 m

ceramic floor · w/o to deck

WorkshopMain0.00 × 0.00 m
Bedroom 3Third0.00 × 0.00 m

laminate · double closet

Bedroom 2Main0.00 × 0.00 m

laminate · ensuite bath

Living RoomMain0.00 × 0.00 m

laminate · combined w/dining

KitchenSecond0.00 × 0.00 m

Ceramic Floor

Family RoomSecond0.00 × 0.00 m

laminate · walk-in closet(s)

BedroomThird0.00 × 0.00 m

laminate · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4,065/moest. value

Listed at $3,250/mo, this rental is about 20% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Rouge E11 lately, landlords have been getting about 100% of asking and homes lease in about 21 days.

There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.

Based on 21 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 21 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 $3,500/mo
  • Size difference +$500/mo
  • Bedrooms +$150/mo
  • Bathrooms −$200/mo
  • Adjusts to $3,950/mo

That comparable adjusts to $3,950/mo; the $4,065/mo estimate above is the median of all 21 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.

Its public catchment (Alvin Curling Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$3,250/moBelow market$4,200/moAbove market

Total price vs nearby homes. Fair value about $4,065/mo, median of 21 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$4,863avg asking

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

21 Calamint Lane$3,200Upper-6 Altamont Road$4,35077 Logan Avenue$5,500UPPER 162 Claremont Street$6,400

The 4 closest active listings nearby.

See all comparable homes
3,250This home3,2004,3505,5006,400This home vs active comparables
Live market pulseActive comparables in Rouge E11 · median list $3K
6active listings nearby
63days on market
5leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

51 days longer than the Toronto average (12 days).

View comparable listings

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

Neighbourhood & location

Rouge E11, 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.

Centennial Scarborough
$4K
Clairlea-Birchmount
$3K
South Riverdale
$5K
Moss Park
$2K
Kensington-Chinatown
$4K

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 Alvin Curling Public School
78%
Alvin Curling Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 78% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$15/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $15Property tax $2Total carry $17

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)
$14per month

Mortgage amount $2,600 · 4.14% over 25 years

$650Down payment (20.0%)
$2,600Loan before insurance
$0CMHC premium
$16Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16

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

One-time closing costs

Ontario land transfer tax
$16
Toronto municipal land transfer tax
$16
Estimated closing costs
$33

Plus your down payment of $650. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17/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

$1,562Total interest paid
$4,162Total of all payments
Principal $2,600 Interest $1,562
YearPrincipalInterestBalance
1$61$106$2,539
2$63$103$2,476
3$66$100$2,410
4$69$98$2,341
5$72$95$2,269
6$75$92$2,194
7$78$89$2,116
8$81$85$2,035
9$85$82$1,951
10$88$78$1,862
11$92$75$1,771
12$96$71$1,675
13$100$67$1,576
14$104$63$1,472
15$108$58$1,364
16$113$54$1,251
17$117$49$1,134
18$122$44$1,011
19$127$39$884
20$133$34$751
21$138$28$613
22$144$22$469
23$150$16$319
24$156$10$163
25$163$4$0

At the end of your 5-year term

Total paid over the term
$832
Principal paid down
$331
Interest paid
$501
Balance remaining
$2,269

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 HOMELIFE/CHAMPIONS REALTY INC.. MLS®/PropTx.

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