309-3220 SHEPPARD Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13463214

$499,999
For Sale
Listed 35 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to East Luxury Condos! This beautifully maintained unit has been freshly repainted and is move-in ready, perfect for the next proud owner to enjoy and care for. Offering a stylish and functional urban living space, the unit features a spacious open-concept layout that seamlessly blends the living and dining areas, ideal for both everyday living and entertaining. The large primary bedroom includes a private ensuite for added comfort, complemented by a second full 2-piece bathroom-perfect for guests or additional convenience. The versatile den provides the perfect nook for a home office, additional workspace, Kid bedroom or playroom . Enjoy the convenience of an eat-in kitchen with ample storage throughout the unit, as well as a lovely private balcony-perfect for relaxing after a long day. Residents have access to exceptional building amenities, including a rooftop garden terrace with stunning city views and barbecue facilities. Located in a highly convenient area with public transit right at your doorstep, and just minutes to parks, Fairview Mall, schools, and major highways. Includes 1 parking space. A fantastic opportunity for first-time buyers, downsizers, or investors!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13463214
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
600-699
Cross streets
Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Maintenance
$400/mo
Exposure
South
Property tax
$2,036 / 2025
Days on market
35
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

KitchenMain9.58 × 12.27 m
Primary BedroomMain9.84 × 16.80 m

4 Pc Ensuite

BathroomMain0.00 × 0.00 m

2 Pc Ensuite

Living RoomMain10.24 × 9.58 m
DenMain10.17 × 6.79 m
Our TakeTeam Asgarian · Broker
In line
$493Kest. value

Listed at $499,999, and my independent estimate is right in line with comparable homes.

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

List price
$484KGreat deal$509KOverpriced

Total price vs nearby homes. Fair value about $493K, 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 $477K, a close match.

What the listing highlights3 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$501kavg asking

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

522-3121 Sheppard Avenue$490k212-3429 Sheppard Avenue$549k212-3220 Sheppard Avenue$488k1707-3220 Sheppard Avenue$499k2206-195 Bonis Avenue$479k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home490k549k488k499k479kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $499K
$770this home / sqft
21active listings nearby
35days on market
99sold nearby · 90 days
$470Kmedian sold price
97%of asking, on average

This home lists 16% above the area average of $664/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
$539K
Bay Street Corridor
$638K
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
$2,279/mo
$103KIncome needed
4.9×Price ÷ income
$526Weekly 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 $2,279Property tax $170Condo fee $400Total carry $2,849

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)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,704Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$170
Condo / maintenance fees
$400
Heating
$0
Estimated monthly cost
$2,704

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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
2.9%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 $2,036− Condo fees $4,802− Insurance $600− Vacancy & upkeep $2,706Net operating income $14,456

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

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