1707-3220 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13453528

$498,800
For Sale
Listed 31 days ago
2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this *BRAND NEW** never-lived-in 1 Bedroom + Den suite in Toronto's highly sought-after Upper East Side community. Boasting an exceptional layout with **688 sqft** of interior living space plus a 103 sq. ft. private balcony, this bright and modern residence is thoughtfully designed for both comfort and functionality.The open-concept living and dining area features luxury vinyl flooring throughout, creating a seamless and contemporary feel. The stylish kitchen is equipped with modern cabinetry, granite countertops, stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining.The spacious bedroom offers a large closet and expansive windows that flood the space with natural light, creating a warm and inviting retreat. The versatile den, complete with its own large window, is ideal for a home office, study, or guest space. The suite also includes the convenience of in-suite laundry. Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and public transit, this home offers an unbeatable combination of connectivity and lifestyle.Ideal for professionals, couples, or small families seeking modern urban living in a vibrant and well-connected neighbourhood. Be the very first to call this stunning contemporary suite your home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13453528
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Sheppard Ave E and Warden Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$1/mo
Exposure
South
Days on market
31
Listing brokerage
RIGHT AT HOME REALTY EXCELLENCE

Rooms

KitchenFlat3.18 × 2.29 m

stainless steel appl · granite counters · open concept

Living RoomFlat4.34 × 2.82 m

combined w/dining · w/o to balcony · vinyl floor

Primary BedroomFlat3.05 × 3.66 m

vinyl floor · large window · closet

DenFlat2.13 × 2.11 m

large window · vinyl floor

Dining RoomFlat4.34 × 2.82 m

combined w/living · vinyl floor · large window

Moe’s TakeTeam Asgarian · Broker
In line
$479Kest. value

Listed at $498,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, 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, listed at $490K
  • Bathrooms −$15K
  • Adjusts to $475K

That comparable adjusts to $475K; the $479K estimate above is the median of all 7 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.

Its public catchment (Bridlewood 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. Sheppard Ave East at Palmdale Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$475KGreat deal$499KOverpriced

Total price vs nearby homes. Fair value about $479K, median of 7 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
Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$495kavg asking

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

1404-3220 Sheppard Avenue$499k2206-195 Bonis Avenue$479k702-3421 Sheppard Avenue$399k325-3270 Sheppard Avenue$599k309-3220 SHEPPARD Avenue$500k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home499k479k399k599k500kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $499K
$768this home / sqft
21active listings nearby
31days on market

This home lists 15% above the area average of $667/sqft.

On the market now.

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

80/ 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Sheppard Ave East at Palmdale Dr, about 96 m away

20+ transit stops5 grocery20+ dining18 parks12 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.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$577K

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 Bridlewood Junior Public School
83%
Bridlewood Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 83% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,273/mo
$101KIncome needed
5.0×Price ÷ income
$525Weekly 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 $2,273Property tax $312Condo fee $1Total carry $2,586

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,129per month

Mortgage amount $399,040 · 4.14% over 25 years

$99,760Down payment (20.0%)
$399,040Loan before insurance
$0CMHC premium
$2,442Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,129
Property tax
$312
Condo / maintenance fees
$1
Heating
$0
Estimated monthly cost
$2,442

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

One-time closing costs

Ontario land transfer tax
$6,451
Toronto municipal land transfer tax
$6,451
Estimated closing costs
$12,902

Plus your down payment of $99,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,586/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

$239,788Total interest paid
$638,828Total of all payments
Principal $399,040 Interest $239,788
YearPrincipalInterestBalance
1$9,348$16,205$389,692
2$9,739$15,814$379,953
3$10,147$15,407$369,806
4$10,571$14,982$359,235
5$11,013$14,540$348,222
6$11,474$14,079$336,748
7$11,954$13,599$324,795
8$12,454$13,099$312,341
9$12,975$12,578$299,366
10$13,517$12,036$285,849
11$14,083$11,470$271,766
12$14,672$10,881$257,095
13$15,285$10,268$241,809
14$15,925$9,628$225,884
15$16,591$8,962$209,293
16$17,285$8,268$192,008
17$18,008$7,545$174,000
18$18,761$6,792$155,239
19$19,546$6,007$135,693
20$20,364$5,190$115,330
21$21,215$4,338$94,114
22$22,103$3,450$72,012
23$23,027$2,526$48,984
24$23,990$1,563$24,994
25$24,994$559$0

At the end of your 5-year term

Total paid over the term
$127,766
Principal paid down
$50,818
Interest paid
$76,948
Balance remaining
$348,222

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$2,050/mo
$24,600Gross 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.

4.9%
Gross yield
− Property tax $3,492− Condo fees $7− Insurance $600− Vacancy & upkeep $2,706Net operating income $17,795

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY EXCELLENCE. MLS®/PropTx.

CallRequest a showing