65 Shepton Way, Toronto, ON

Steeles, Toronto · MLS® E13542344

$1,438,000
For Sale
Listed 8 days ago
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6Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Stunning, bright, and spacious well-maintained 2-storey detached home in a highly desirable family-friendly neighbourhood! This functional 4-bedroom home features newly installed hardwood flooring on the main level and hardwood flooring throughout the upper level, an updated kitchen, smooth ceilings, pot lights throughout the main floor, a newly renovated second-floor bathroom, and a cozy gas fireplace in the family room. Roof replaced in 2019. The open-concept kitchen with a breakfast area is perfect for everyday living, while the family room walks out to a large backyard deck, ideal for outdoor relaxation, family gatherings, and summer BBQs. Finished basement with a builder-upgraded separate entrance, offering 2 additional bedrooms, a spacious living and dining area, and a kitchen-ideal for extended family, multi-generational living, or additional living space. No sidewalk provides extra driveway parking. Conveniently located close to schools, public transit, parks, restaurants, golf courses, Pacific Mall, and many other amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
E13542344
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
29.13 × 110.86 ft
Cross streets
Kennedy/Passmore
Parking
2 garage · 6 parking (attached)
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,190 / 2026
Days on market
8
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Family RoomGround4.28 × 3.15 m

hardwood floor · w/o to deck

RecreationBasement6.00 × 3.55 m

Ceramic Floor

Dining RoomGround8.10 × 3.25 m

hardwood floor · combined w/living

BedroomBasement4.30 × 3.25 m

laminate · closet

Living RoomGround8.10 × 3.25 m

hardwood floor · combined w/dining

Bedroom 5Basement4.30 × 3.30 m

laminate · closet

Primary BedroomSecond5.35 × 4.30 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 2Second4.48 × 3.31 m

hardwood floor · closet

Bedroom 4Second3.35 × 3.29 m

hardwood floor · closet

KitchenGround4.71 × 3.37 m

ceramic floor · stainless steel appl · breakfast area

Bedroom 3Second3.43 × 3.30 m

hardwood floor · closet

Moe’s TakeTeam Asgarian · Broker
In line
$1.49Mest. value

Listed at $1,438,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Steeles, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.71M, a bit higher.

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 $1.45M
  • Bedrooms +$30K
  • Adjusts to $1.48M

That comparable adjusts to $1.48M; the $1.49M estimate above is the median of all 9 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 (Dr Norman Bethune Collegiate Institute) 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. 3241 Kennedy Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.41MGreat deal$1.69MOverpriced

Total price vs nearby homes. Fair value about $1.49M, median of 9 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Steeles · asking prices
$1.31Mavg asking

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

79 Huntsmill Boulevard$1.00M30 Wintermute Boulevard$1.33M2 Lapworth Crescent$1.59M

The 3 closest active listings nearby.

See all comparable homes
1.44MThis home1.00M1.33M1.59MThis home vs active comparables
Live market pulseActive comparables in Steeles · median list $1.23M
$639this home / sqft
13active listings nearby
8days on market

This home lists 4% above the area average of $613/sqft.

7 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

Steeles, 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

73/ 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: 3241 Kennedy Rd, about 180 m away

20+ transit stops4 grocery20+ dining15 parks20+ 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.

Wexford-Maryvale
$865K
Cliffcrest
$1.51M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M

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 Kennedy Public School
80%
Kennedy Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 80% meet the provincial standard

Affordability & Mortgage

Affordability
$6,554/mo
$272KIncome needed
5.3×Price ÷ income
$1,512Weekly 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.

92%mortgage
Mortgage $6,554Property tax $599Total carry $7,153

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)
$6,139per month

Mortgage amount $1,150,400 · 4.14% over 25 years

$287,600Down payment (20.0%)
$1,150,400Loan before insurance
$0CMHC premium
$6,738Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,139
Property tax
$599
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,738

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

One-time closing costs

Ontario land transfer tax
$25,235
Toronto municipal land transfer tax
$25,235
Estimated closing costs
$50,470

Plus your down payment of $287,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,456/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

$691,288Total interest paid
$1,841,688Total of all payments
Principal $1,150,400 Interest $691,288
YearPrincipalInterestBalance
1$26,950$46,718$1,123,450
2$28,077$45,590$1,095,373
3$29,252$44,416$1,066,121
4$30,475$43,192$1,035,646
5$31,750$41,918$1,003,896
6$33,078$40,590$970,818
7$34,462$39,206$936,357
8$35,903$37,765$900,454
9$37,405$36,263$863,049
10$38,969$34,698$824,080
11$40,599$33,068$783,480
12$42,298$31,370$741,183
13$44,067$29,601$697,116
14$45,910$27,757$651,206
15$47,830$25,837$603,375
16$49,831$23,836$553,544
17$51,915$21,752$501,629
18$54,087$19,581$447,542
19$56,349$17,318$391,192
20$58,706$14,961$332,486
21$61,162$12,506$271,324
22$63,720$9,947$207,604
23$66,386$7,282$141,218
24$69,162$4,505$72,055
25$72,055$1,612$0

At the end of your 5-year term

Total paid over the term
$368,338
Principal paid down
$146,504
Interest paid
$221,834
Balance remaining
$1,003,896

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$4,200/mo
$50,400Gross annual rent
2.5%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.5%
Gross yield
− Property tax $7,190− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,266

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

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