212-3220 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13600736

$488,000
For Sale
Just listed today
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft
15 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to this stunning south-facing 1+den, 2-bath suite offering 759 sq. ft. of thoughtfully designed living space in the sought-after East 3220 Condos. Less than 5 years new, this bright and spacious home features an open-concept layout, contemporary finishes, and quality upgrades throughout. The modern kitchen is enhanced with a stylish backsplash, while upgraded vinyl flooring runs throughout the suite for a sleek, carpet-free finish. Both bathrooms feature upgraded glass shower enclosures, adding a touch of luxury. The generous primary bedroom offers a walk-in closet and a private ensuite. A rare oversized den (over 7 sq. m.) offers exceptional flexibility as a second bedroom, home office, or guest space. Enjoy a private balcony, ensuite laundry, one owned underground parking space, and one owned locker. Residents enjoy exceptional building amenities, including a 24-hour concierge, fitness centre, party room, guest suites, media/theatre room, rooftop terrace with BBQs, and visitor parking. Ideally located steps to TTC, shopping, restaurants, parks, and everyday conveniences, with easy access to Highways 401 and 404. An excellent opportunity for both end users and investors!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13600736
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-799
Cross streets
WARDEN / SHEPPARD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$517/mo
Exposure
South
Property tax
$2,310 / 2026
Listing brokerage
AVION REALTY INC.

Rooms

KitchenMain3.07 × 2.51 m
DenMain2.90 × 2.51 m
Living RoomMain3.86 × 3.30 m
Primary BedroomMain4.32 × 3.12 m
Dining RoomMain
Our TakeTeam Asgarian · Broker
Below comparables
$529Kest. value

Listed at $488,000, and my independent estimate is about 8% below comparable homes, worth a close look.

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

List price
$488KGreat deal$545KOverpriced

Total price vs nearby homes. Fair value about $529K, 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 $541K, 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.

On location, this is a very walkable address with everyday errands close by. Sheppard Ave at Palmdale Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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

Below comparable homes on total price, yet the price per square foot ($651/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Tam O'Shanter-Sullivan · asking prices
$503kavg asking

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

522-3121 Sheppard Avenue$490k309-3220 SHEPPARD Avenue$500k212-3429 Sheppard Avenue$549k2206-195 Bonis Avenue$479k1707-3220 Sheppard Avenue$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
488kThis home490k500k549k479k499kThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $519K
$651this home / sqft
28active listings nearby
99sold nearby · 90 days
$470Kmedian sold price
97%of asking, on average

This home lists 3% below the area average of $672/sqft.

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

66/ 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Sheppard Ave at Palmdale Dr, about 100 m away

20+ transit stops3 grocery20+ dining20+ parks7 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.

Bayview Village
$600K
Willowdale East
$494K
Mount Pleasant West
$589K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K

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
$2,224/mo
$104KIncome needed
4.7×Price ÷ income
$513Weekly 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.

76%mortgage
Mortgage $2,224Property tax $192Condo fee $517Total carry $2,934

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)
$2,083per month

Mortgage amount $390,400 · 4.14% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$2,793Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,083
Property tax
$193
Condo / maintenance fees
$517
Heating
$0
Estimated monthly cost
$2,793

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

One-time closing costs

Ontario land transfer tax
$6,235
Toronto municipal land transfer tax
$6,235
Estimated closing costs
$12,470

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,530/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

$234,596Total interest paid
$624,996Total of all payments
Principal $390,400 Interest $234,596
YearPrincipalInterestBalance
1$9,146$15,854$381,254
2$9,528$15,472$371,726
3$9,927$15,073$361,799
4$10,342$14,658$351,457
5$10,775$14,225$340,682
6$11,225$13,774$329,457
7$11,695$13,305$317,762
8$12,184$12,816$305,578
9$12,694$12,306$292,885
10$13,225$11,775$279,660
11$13,778$11,222$265,882
12$14,354$10,646$251,528
13$14,955$10,045$236,573
14$15,580$9,420$220,993
15$16,232$8,768$204,762
16$16,911$8,089$187,851
17$17,618$7,382$170,233
18$18,355$6,645$151,878
19$19,123$5,877$132,755
20$19,923$5,077$112,832
21$20,756$4,244$92,077
22$21,624$3,376$70,452
23$22,529$2,471$47,924
24$23,471$1,529$24,453
25$24,453$547$0

At the end of your 5-year term

Total paid over the term
$124,999
Principal paid down
$49,718
Interest paid
$75,282
Balance remaining
$340,682

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$2,400/mo
$28,800Gross 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.

5.9%
Gross yield
− Property tax $2,310− Condo fees $6,207− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,516

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

CallRequest a showing