1003-5580 Sheppard Avenue, Toronto, ON

Malvern, Toronto · MLS® E13773840

$349,900
For Sale
Listed 38 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

*Welcome to 5580 Sheppard Ave E *Sought After Neighbourhood *Bright and Spacious Layout *Totally Renovated Modern White Kitchen & Bathroom, Featuring Quartz Counters and Updated Finishes *Premium Vinyl Flooring Throughout (No Carpet anywhere) *Freshly Painted *Unobstructed South and SouthWest Views *Ensuite Locker Featuring Lots of Storage and Cabinets *Low Maintenance Fee *1 Parking Included *Steps To TTC Transit and Conveniently Close to Grocery Shopping, Scarb Town Centre, Hwy 401 Access, U of T And Parks. Don't Miss This Opportunity To Move In and Enjoy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13773840
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Markham Rd/ Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Concrete
Maintenance
$464/mo
Exposure
South East
Property tax
$882 / 2026
Days on market
38
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.

Rooms

Living RoomGround5.60 × 3.92 m

vinyl floor · combined w/dining · south view

Dining RoomGround5.60 × 3.92 m

vinyl floor · combined w/living · l-shaped room

SolariumGround4.05 × 1.46 m

vinyl floor · sliding doors · se view

Primary BedroomGround4.05 × 2.80 m

vinyl floor · double closet · w/o to sunroom

KitchenGround2.25 × 2.08 m

ceramic backsplash · renovated · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Lester B Pearson Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Malvern, 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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

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 Lester B Pearson Collegiate Institute
66%
Lester B Pearson Collegiate InstitutePublic · Secondary · 1.3 km awayBelow the GTA average · 66% meet the provincial standard
Dr Marion Hilliard Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Malvern Junior Public School · Public elementary0.5 km · 58% at standard
Burrows Hall Junior Public School · Public elementary0.8 km · 81% at standard
St Elizabeth Seton Catholic School · Catholic elementary1.0 km
White Haven Junior Public School · Public elementary1.1 km · 74% at standard
Berner Trail Junior Public School · Public elementary1.5 km · 56% at standard
Tom Longboat Junior Public School · Public elementary1.8 km · 78% at standard
Woburn Junior Public School · Public elementary1.9 km · 67% at standard
St Edmund Campion Catholic School · Catholic elementary1.9 km · 78% at standard
Woburn Collegiate Institute · Public secondary2.0 km · 66% at standard
St Thomas More Catholic School · Catholic elementary2.1 km · 74% at standard
St Gabriel Lalemant Catholic School · Catholic elementary2.2 km · 55% at standard
Anson S Taylor Junior Public School · Public elementary2.2 km · 81% at standard

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

Affordability & Mortgage

Affordability
$1,595/mo
$75KIncome needed
4.7×Price ÷ income
$368Weekly cost
$7,447Land 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.

75%mortgage
Mortgage $1,595Property tax $74Condo fee $464Total carry $2,132

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,548per month

Mortgage amount $279,920 · 4.49% over 25 years

$69,980Down payment (20.0%)
$279,920Loan before insurance
$0CMHC premium
$2,085Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,548
Property tax
$74
Condo / maintenance fees
$464
Heating
$0
Estimated monthly cost
$2,085

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

One-time closing costs

Ontario land transfer tax
$3,724
Toronto municipal land transfer tax
$3,724
Estimated closing costs
$7,447

Plus your down payment of $69,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,873/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

$184,398Total interest paid
$464,318Total of all payments
Principal $279,920 Interest $184,398
YearPrincipalInterestBalance
1$6,247$12,326$273,673
2$6,530$12,042$267,143
3$6,827$11,746$260,316
4$7,137$11,436$253,180
5$7,461$11,112$245,719
6$7,799$10,773$237,919
7$8,154$10,419$229,766
8$8,524$10,049$221,242
9$8,911$9,662$212,331
10$9,315$9,257$203,016
11$9,738$8,834$193,277
12$10,181$8,392$183,097
13$10,643$7,930$172,454
14$11,126$7,447$161,328
15$11,631$6,942$149,697
16$12,159$6,413$137,538
17$12,711$5,861$124,826
18$13,289$5,284$111,538
19$13,892$4,681$97,646
20$14,523$4,050$83,123
21$15,182$3,391$67,941
22$15,871$2,701$52,070
23$16,592$1,981$35,478
24$17,345$1,227$18,133
25$18,133$440$0

At the end of your 5-year term

Total paid over the term
$92,864
Principal paid down
$34,201
Interest paid
$58,662
Balance remaining
$245,719

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
4.2%Cap rate after taxes and upkeep

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.

7.0%
Gross yield
− Property tax $882− Condo fees $5,570− Insurance $600− Vacancy & upkeep $2,706Net operating income $14,842

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

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