318-3220 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13462224

$668,194
For Sale
Listed 35 days ago
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2Bedrooms
2Bathrooms
0Parking
900-999Sq Ft

About this home

New suite never-lived-in 2 Bedroom and 2-4 piece Bathroom suite, in the Heart of Toronto'sUpper East Side, Tam O'Sullivan Community. Architecturally designed suite entrance with elegantentry door. Privacy viewer finished with quality hardware. Functional Layout, with texturedceilings throughout, except in the kitchen, bathrooms and Laundry area. Laminate flooring inFoyer, Kitchen, Living Room, Dining Room and Bedrooms. Contemporary designer ceramic tile inthe bathrooms and laundry area. (Stackable washer and dryer, with exhaust vented to exterior.Heavy-duty wiring and receptacles for the washer and dryer. Interior Mill Work: 5" Baseboards,2 1/4 door casings, 2 Panel interior doors, and select lever handles. Off-white paint for wallsthroughout the suite, as per Vendor's choice; Off-white paint for baseboards, doors, and trim,as per Vendor's choice. Open concept kitchen layout, contemporary-designed cabinetry. Granitecountertop, Stainless steel undermount sink with single lever faucet. Stainless steelappliances with black accents. Frost-free refrigerator, stove, built-in dishwasher andover-the-range microwave with exhaust fan vented to exterior. The designer selected ceramictile for the tub surround and shower walls. Quality vanity cabinetry with select hardware.Granite countertop with undermount sink. Single lever faucets with pop-up drains for vanities.White acrylic soaker tub. Wire and Linen shelving in closets White Decca switches, duplexoutlets, and electrical lighting fixtures are provided in the kitchen, bedrooms and bathrooms.Wired for cable TV, telephone and internet access. Smoke and Carbon Detectors are installed ineach suite. Separate metered Hydro. Individually controlled centralized heating and coolingsystem(seasonal). Separately metered water ***Unbeatable Location Transit Right Outside TheBuilding *Mins To Hwy 401/404, Steps To Shops, Restaurants, Groceries, Parks & Trails *ThisUnit Shows Beautifully A Must See!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13462224
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Sheppard Ave(E) & Pharmacy
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete, Poured Concrete
Maintenance
$570/mo
Exposure
South West
Property tax
$2,368 / 2025
Days on market
35
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

LaundryFlat0.00 × 0.00 m

ceramic floor · closet

Primary BedroomFlat3.35 × 3.39 m

laminate · walk-in closet(s) · 4 pc ensuite

KitchenFlat2.35 × 2.68 m

laminate · backsplash · stainless steel appl

Bedroom 2Flat0.00 × 0.00 m

laminate · 4 pc bath · closet

Living RoomFlat4.39 × 4.51 m

laminate · combined w/living · w/o to balcony

Our TakeTeam Asgarian · Broker
Above comparables
$518Kest. value

Listed at $668,194, 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
$427KGreat deal$668KOverpriced

Total price vs nearby homes. Fair value about $518K, median of 72 comparables.

How this estimate is builtthe short version

I take the 72 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 $484K, a close match.

What the listing highlights2 points 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Based on 72 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$673kavg asking

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

1310-3220 Sheppard Avenue$639k710-3260 SHEPPARD Avenue$698k809-3220 Sheppard Avenue$699kB617-3429 Sheppard Avenue$695k503-3121 Sheppard Avenue$636k

The 5 closest of 8 active listings nearby.

See all comparable homes
668kThis home639k698k699k695k636kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $599K
$704this home / sqft
21active listings nearby
35days on market
99sold nearby · 90 days
$470Kmedian sold price
97%of asking, on average

This home lists 7% above the area average of $661/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.

Nearby neighbourhoods

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

Bayview Village
$523K
Willowdale East
$494K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K
Moss Park
$894K

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
$3,045/mo
$136KIncome needed
4.9×Price ÷ income
$703Weekly 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.

80%mortgage
Mortgage $3,045Property tax $197Condo fee $570Total carry $3,813

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)
$2,853per month

Mortgage amount $534,555 · 4.14% over 25 years

$133,639Down payment (20.0%)
$534,555Loan before insurance
$0CMHC premium
$3,620Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,853
Property tax
$197
Condo / maintenance fees
$570
Heating
$0
Estimated monthly cost
$3,620

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

One-time closing costs

Ontario land transfer tax
$9,839
Toronto municipal land transfer tax
$9,839
Estimated closing costs
$19,678

Plus your down payment of $133,639. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,465/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

$321,220Total interest paid
$855,775Total of all payments
Principal $534,555 Interest $321,220
YearPrincipalInterestBalance
1$12,523$21,708$522,032
2$13,047$21,184$508,986
3$13,592$20,639$495,394
4$14,161$20,070$481,233
5$14,753$19,478$466,479
6$15,370$18,861$451,109
7$16,013$18,218$435,096
8$16,683$17,548$418,413
9$17,381$16,850$401,032
10$18,108$16,123$382,924
11$18,865$15,366$364,059
12$19,654$14,577$344,405
13$20,476$13,755$323,928
14$21,333$12,898$302,595
15$22,225$12,006$280,370
16$23,155$11,076$257,215
17$24,124$10,108$233,091
18$25,133$9,098$207,959
19$26,184$8,047$181,775
20$27,279$6,952$154,496
21$28,420$5,811$126,076
22$29,609$4,622$96,467
23$30,847$3,384$65,620
24$32,138$2,093$33,482
25$33,482$749$0

At the end of your 5-year term

Total paid over the term
$171,155
Principal paid down
$68,076
Interest paid
$103,079
Balance remaining
$466,479

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$3,050/mo
$36,600Gross annual rent
3.4%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.

5.5%
Gross yield
− Property tax $2,368− Condo fees $6,837− Insurance $600− Vacancy & upkeep $4,026Net operating income $22,769

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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