503-3121 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13435742

$635,900
For Sale
Listed 42 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft
13 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

South View- Meticulously maintained 2-bedroom, 2-bathroom Corner suite at WISH Condos that is sure to impress. This bright and beautifully appointed unit offers a peaceful park view from the large private balcony. The modern open-concept layout features a stylish kitchen overlooking the spacious living and dining areas, surrounded by windows that fill the home with natural light. Included are one parking space and a locker conveniently located on the +same floor+ as the unit. Residents enjoy excellent amenities including a 24-hour concierge, fitness centre, party room, card room, sports room, 9th floor terrace with BBQ facilities, and ample visitor parking. Ideally situated just minutes from Fairview Mall, major highways, schools, shopping, dining, hospital, parks, and public transit. Move in and enjoy condo living at its finest! This unit is Spotless and in Move in Condition.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13435742
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Pharmacy and Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$713/mo
Exposure
South
Property tax
$2,745 / 2025
Days on market
42
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat0.00 × 0.00 m

W/O To Balcony

KitchenFlat0.00 × 0.00 m

open concept · stainless steel appl

Primary BedroomFlat0.00 × 0.00 m
Bedroom 2Flat0.00 × 0.00 m
Dining RoomFlat0.00 × 0.00 m

large window · open concept

Our TakeTeam Asgarian · Broker
Above comparables
$495Kest. value

Listed at $635,900, and my independent estimate is about 29% above what comparable homes suggest.

In Tam O'Shanter-Sullivan lately, sellers get about 97% of asking; homes sell in ~35 days.

List price
$423KGreat deal$636KOverpriced

Total price vs nearby homes. Fair value about $495K, median of 66 comparables.

How this estimate is builtthe short version

I take the 66 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 $563K, a bit higher.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

On location, this is a very walkable address with everyday errands close by. Pharmacy Avenue is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 66 comparable homes that recently sold nearby.

Comparable listingsCurrently 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.

1310-3220 Sheppard Avenue$639kB617-3429 Sheppard Avenue$695k3121 Sheppard Avenue$610k318-3220 Sheppard Avenue$668k2207-3260 Sheppard Avenue$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
636kThis home639k695k610k668k549kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $549K
$749this home / sqft
30active listings nearby
42days on market
99sold nearby · 90 days
$475Kmedian sold price
97%of asking, on average

This home lists 13% above the area average of $664/sqft.

41 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.

Getting around

71/ 100

Very 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Pharmacy Avenue, about 76 m away

20+ transit stops3 grocery20+ dining20+ parks7 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$548K
Agincourt North
$480K
Willowdale East
$479K
Mount Pleasant West
$632K
Waterfront Communities C1
$630K

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
$2,898/mo
$134KIncome needed
4.7×Price ÷ income
$669Weekly 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.

75%mortgage
Mortgage $2,898Property tax $229Condo fee $713Total carry $3,840

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,715per month

Mortgage amount $508,720 · 4.14% over 25 years

$127,180Down payment (20.0%)
$508,720Loan before insurance
$0CMHC premium
$3,656Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,715
Property tax
$229
Condo / maintenance fees
$713
Heating
$0
Estimated monthly cost
$3,656

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

One-time closing costs

Ontario land transfer tax
$9,193
Toronto municipal land transfer tax
$9,193
Estimated closing costs
$18,386

Plus your down payment of $127,180. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,297/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

$305,696Total interest paid
$814,416Total of all payments
Principal $508,720 Interest $305,696
YearPrincipalInterestBalance
1$11,918$20,659$496,802
2$12,416$20,161$484,386
3$12,935$19,641$471,451
4$13,476$19,100$457,975
5$14,040$18,536$443,934
6$14,627$17,949$429,307
7$15,239$17,337$414,068
8$15,877$16,700$398,191
9$16,541$16,036$381,650
10$17,233$15,344$364,417
11$17,954$14,623$346,464
12$18,704$13,872$327,759
13$19,487$13,090$308,273
14$20,302$12,275$287,971
15$21,151$11,425$266,819
16$22,036$10,541$244,784
17$22,958$9,619$221,826
18$23,918$8,659$197,908
19$24,918$7,658$172,990
20$25,961$6,616$147,029
21$27,047$5,530$119,983
22$28,178$4,399$91,805
23$29,356$3,220$62,448
24$30,584$1,992$31,864
25$31,864$713$0

At the end of your 5-year term

Total paid over the term
$162,883
Principal paid down
$64,786
Interest paid
$98,098
Balance remaining
$443,934

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$2,700/mo
$32,400Gross annual rent
2.7%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.

5.1%
Gross yield
− Property tax $2,745− Condo fees $8,554− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,937

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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