#710-3121 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13166038

$624,900
For Sale
Listed 61 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Step into a space that actually fits your life. At over 1,000 sq ft, this 3-bedroom suite at 3121 Sheppard Ave E #710 stands out in a market where most condos feel like a compromise. Here, you get room to grow, whether that means working from home, hosting friends, or simply having space to breathe at the end of the day. The layout just works. It is open, functional, and finished with hard surface flooring throughout, designed for low-maintenance, everyday living.The kitchen flows naturally into the living space, making it easy to cook, unwind, or entertain without feeling boxed in. All three bedrooms come with walk-in closets, offering a level of storage rarely found in condo living. What makes this unit different is its flexibility. The third bedroom, with its sleek glass enclosure, adapts to your lifestyle, it can be a home office today, a nursery tomorrow, or a guest space when you need it. Step out onto the balcony for open city views, or take advantage of the rare convenience of having a full outdoor terrace on the same floor, perfect for a quick reset without leaving the building.With parking included and maintenance fees covering heat, CAC, and water, with only hydro extra, this is a practical choice as much as it is a lifestyle upgrade. Enjoy unmatched convenience with premium amenities just steps away, including outdoor terrace, fitness centre, yoga studio, party and media rooms, guest suites, visitor parking, and 24-hour concierge. Located right where you need to be, with transit at your doorstep, quick access to Highways 401, 404, and the DVP, and everything from groceries to dining at Fairview Mall nearby, this is a home that keeps up with your pace. For those who want more than just a condo, this is space, flexibility, and everyday ease, all in one.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13166038
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Sheppard Avenue East & Pharmacy Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$828/mo
Exposure
North
Property tax
$3,363 / 2025
Days on market
61
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Flat4.65 × 3.05 m

walk-in closet(s) · glass doors

Primary BedroomFlat5.41 × 2.95 m

walk-in closet(s) · 3 pc ensuite

KitchenFlat3.48 × 2.62 m

open concept · quartz counter · backsplash

Dining RoomFlat3.48 × 2.62 m

Open Concept

Bedroom 2Flat2.72 × 2.49 m

Walk-In Closet(s)

Living RoomFlat4.72 × 3.02 m

balcony · open concept

Our TakeTeam Asgarian · Broker
Below comparables
$719Kest. value

Listed at $624,900, and my independent estimate is about 13% below comparable homes, worth a close look.

In Tam O'Shanter-Sullivan lately, sellers get about 98% of asking; homes sell in ~34 days.

List price
$625KGreat deal$721KOverpriced

Total price vs nearby homes. Fair value about $719K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), 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, and the city (MPAC) assessment points to about $804K, a bit higher.

Schools & getting aroundcatchment and transit

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

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$506kavg asking

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

1007-49 Silverstone Drive$610k810-11 Wincott Drive$529k1511-320 Dixon Road$380k

The 3 closest active listings nearby.

See all comparable homes
625kThis home610k529k380kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $636K
$568this home / sqft
18active listings nearby
61days on market
99sold nearby · 90 days
$495Kmedian sold price
98%of asking, on average

This home lists 12% below the area average of $647/sqft.

60 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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
$627K
Bayview Village
$549K
Willowdale East
$562K
Bay Street Corridor
$560K
Moss Park
$499K

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 Vradenburg Junior Public School
75%
Vradenburg Junior Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 75% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,848/mo
$137KIncome needed
4.6×Price ÷ income
$657Weekly 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.

72%mortgage
Mortgage $2,848Property tax $280Condo fee $828Total carry $3,956

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)
$2,668per month

Mortgage amount $499,920 · 4.14% over 25 years

$124,980Down payment (20.0%)
$499,920Loan before insurance
$0CMHC premium
$3,776Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,668
Property tax
$280
Condo / maintenance fees
$828
Heating
$0
Estimated monthly cost
$3,776

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

One-time closing costs

Ontario land transfer tax
$8,973
Toronto municipal land transfer tax
$8,973
Estimated closing costs
$17,946

Plus your down payment of $124,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,240/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

$300,408Total interest paid
$800,328Total of all payments
Principal $499,920 Interest $300,408
YearPrincipalInterestBalance
1$11,711$20,302$488,209
2$12,201$19,812$476,007
3$12,712$19,301$463,296
4$13,243$18,770$450,052
5$13,797$18,216$436,255
6$14,374$17,639$421,881
7$14,976$17,037$406,905
8$15,602$16,411$391,303
9$16,255$15,758$375,048
10$16,935$15,079$358,114
11$17,643$14,370$340,471
12$18,381$13,632$322,090
13$19,150$12,863$302,940
14$19,951$12,062$282,989
15$20,785$11,228$262,204
16$21,655$10,358$240,549
17$22,560$9,453$217,989
18$23,504$8,509$194,485
19$24,487$7,526$169,997
20$25,512$6,502$144,486
21$26,579$5,434$117,907
22$27,690$4,323$90,217
23$28,849$3,164$61,368
24$30,055$1,958$31,313
25$31,313$701$0

At the end of your 5-year term

Total paid over the term
$160,066
Principal paid down
$63,665
Interest paid
$96,401
Balance remaining
$436,255

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
Estimate$3,400/mo
$40,800Gross annual rent
3.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.5%
Gross yield
− Property tax $3,363− Condo fees $9,933− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,416

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

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