1310-3220 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13490780

$639,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this stunning 2-bedroom, 2-bathroom condo, ideally situated in the centre of Toronto.
  • The open-concept living and dining area is ideal for both entertaining and relaxing.
  • Step outside onto your private balcony, which spans over 115 square feet and is laid with lush turf grass.
  • The space is complemented by garden lights along the edges, creating a cozy, inviting outdoor oasis where you can enjoy breathtaking views of the city skyline and...
  • The building offers exceptional convenience with a TTC bus stop right at your doorstep, less than 3 minutes to the 401, 404, and DVP.

TOTAL 944 SQ. Welcome to this stunning 2-bedroom, 2-bathroom condo, ideally situated in the centre of Toronto. This beautifully upgraded end unit features expansive floor-to-ceiling windows that bathe the space in natural light, while offering unobstructed views of the Toronto skyline. The living room is enhanced by pot lights and remote motorized blinds, allowing you to adjust the ambiance. The open-concept living and dining area is ideal for both entertaining and relaxing. All Ceiling upgraded light fixtures allows you to change the lighting to one of three colours. The full-size kitchen is designed for both function and style, with ample counter space and storage. Step outside onto your private balcony, which spans over 115 square feet and is laid with lush turf grass. The space is complemented by garden lights along the edges, creating a cozy, inviting outdoor oasis where you can enjoy breathtaking views of the city skyline and sunsets. The building offers exceptional convenience with a TTC bus stop right at your doorstep, less than 3 minutes to the 401, 404, and DVP. For added comfort, the building has a 24-hour concierge service. This unit has access to the buildings EV parking, making it ideal for modern living. 1 parking space and 2 lockers.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13490780
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Pharmacy and Sheppard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$502/mo
Exposure
West
Property tax
$2,481 / 2025
Days on market
87
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

Primary BedroomFlat3.80 × 3.30 m

3 pc ensuite · b/i closet

Bedroom 2Flat3.20 × 3.30 m

B/I Closet

KitchenFlat3.08 × 2.74 m

b/i microwave · b/i dishwasher

Living RoomFlat3.90 × 3.78 m
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$511Kautomated estimate, from recent sales

Listed at $639,000. Recent sales of homes like it put this one around $511K, so the ask is about 25% above what similar homes have sold for.

If it sells at this ask, expect about $632K, typically $611K to $635K: that is where homes here have closed against their asks in the last 90 days (25 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 87 days on the market against about 42 for homes like it here, and asking 25% above where comparable closings put it.

List price
$475KBelow recent closings$639KAbove recent closings

Total price vs nearby homes. Fair value about $511K, learned from recent GTA sales.

The market behind the math:

25sold nearby · 90 days
$570Kmedian sold price
97%of asking, on average
+10%prices vs a year ago
~35 dayshomes like this take to sell
87days on market so far
$2,863/moest. rent · 22 leases
5.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 21 condo apartment homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $673/sqft against an area asking average of $690/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $561K. Condition and finishes remain an in-person call.

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
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($673/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 12 homes sold in this building over the past two years, from 147 closings in Tam O'Shanter-Sullivan.

What sellers nearby are askingCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$643kavg asking

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

Per square foot, these ask about $677/sqft; this home lists at $673/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
639kThis home639k638k649k623k667kThis home vs active comparables

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
$499K
Bayview Village
$440K
Willowdale East
$577K
Mount Pleasant West
$509K
Church-Yonge Corridor
$629K

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
Also nearby: 12 more schools within 2.5 km
Vradenburg Junior Public School · Public elementary0.5 km · 75% at standard
Holy Spirit Catholic School · Catholic elementary0.9 km · 72% at standard
Lynngate Junior Public School · Public elementary1.0 km · 61% at standard
Pauline Johnson Junior Public School · Public elementary1.0 km · 58% at standard
Fairglen Junior Public School · Public elementary1.1 km · 74% at standard
Caring and Safe School 2 · Public secondary1.2 km
Parkview Alternative School · Public secondary1.2 km
John Buchan Senior Public School · Public elementary1.2 km
Stephen Leacock Collegiate Institute · Public secondary1.2 km · 58% at standard
North Bridlewood Junior Public School · Public elementary1.3 km · 69% at standard
Tam O'Shanter Junior Public School · Public elementary1.4 km · 56% at standard
Timberbank Junior Public School · Public elementary1.5 km · 71% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,912/mo
$130KIncome needed
4.9×Price ÷ income
$672Weekly cost
$18,510Land transfer tax, one-time (Ontario + Toronto)
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 $2,912Property tax $207Condo fee $502Total carry $3,621

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,798per month

Mortgage amount $511,200 · 4.39% over 25 years

$127,800Down payment (20.0%)
$511,200Loan before insurance
$0CMHC premium
$3,507Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,798
Property tax
$207
Condo / maintenance fees
$502
Heating
$0
Estimated monthly cost
$3,507

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

One-time closing costs

Ontario land transfer tax
$9,255
Toronto municipal land transfer tax
$9,255
Estimated closing costs
$18,510

Plus your down payment of $127,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,390/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

$328,253Total interest paid
$839,453Total of all payments
Principal $511,200 Interest $328,253
YearPrincipalInterestBalance
1$11,568$22,010$499,632
2$12,081$21,497$487,551
3$12,617$20,961$474,934
4$13,177$20,401$461,756
5$13,762$19,816$447,994
6$14,373$19,205$433,621
7$15,011$18,567$418,610
8$15,677$17,901$402,933
9$16,373$17,205$386,560
10$17,100$16,479$369,460
11$17,858$15,720$351,602
12$18,651$14,927$332,951
13$19,479$14,099$313,472
14$20,343$13,235$293,129
15$21,246$12,332$271,882
16$22,189$11,389$249,693
17$23,174$10,404$226,519
18$24,202$9,376$202,317
19$25,277$8,301$177,040
20$26,398$7,180$150,642
21$27,570$6,008$123,072
22$28,794$4,784$94,278
23$30,072$3,507$64,206
24$31,406$2,172$32,800
25$32,800$778$0

At the end of your 5-year term

Total paid over the term
$167,891
Principal paid down
$63,206
Interest paid
$104,685
Balance remaining
$447,994

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
From 22 whole-home leases in Tam O'Shanter-Sullivan$2,863/mo
$34,356Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,720 to $3,006Typical rent range
~22 daysTo find a tenant, on average

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

Talk about the numbers

The last 22 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,397 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,863. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.4%
Gross yield
− Property tax $2,481− Condo fees $6,024− Insurance $600− Vacancy & upkeep $3,779Net operating income $21,472

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

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