1707-3220 Sheppard Avenue, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13804950

$449,999
For Sale
Listed 2 days agoNo offer date stated
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Builder Inventory - Welcome to this BRAND NEW never-lived-in 1 Bedroom + Den suite in Toronto's highly sought-after Upper East Side community.
  • Boasting an exceptional layout with 688 sqft of interior living space plus a 103 sq. ft. private balcony, this bright and modern residence is thoughtfully designed...
  • The open-concept living and dining area features luxury vinyl flooring throughout, creating a seamless and contemporary feel.
  • Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and...

Builder Inventory - Welcome to this *BRAND NEW** never-lived-in 1 Bedroom + Den suite in Toronto's highly sought-after Upper East Side community. Boasting an exceptional layout with **688 sqft** of interior living space plus a 103 sq. ft. private balcony, this bright and modern residence is thoughtfully designed for both comfort and functionality. Breathtaking Views from the big size balcony, CN tower view from Living Room & Bedroom. The open-concept living and dining area features luxury vinyl flooring throughout, creating a seamless and contemporary feel. The stylish kitchen is equipped with modern cabinetry, granite countertops, stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining.The spacious bedroom offers a large closet and expansive windows that flood the space with natural light, creating a warm and inviting retreat. The versatile den, complete with its own large window, is ideal for a home office, study, or guest space. The suite also includes the convenience of ensuite laundry. Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and public transit, this home offers an unbeatable combination of connectivity and lifestyle.Ideal for professionals, couples, or small families seeking modern urban living in a vibrant and well-connected neighbourhood. Be the very first to call this stunning contemporary suite your home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13804950
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Sheppard Ave E and Warden Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$476/mo
Exposure
South
Property tax
$2,175 / 2026
Days on market
2
Listing brokerage
RIGHT AT HOME REALTY EXCELLENCE

Rooms

Dining RoomFlat4.34 × 2.82 m

combined w/living · vinyl floor · large window

DenFlat2.13 × 2.11 m

large window · vinyl floor

Primary BedroomFlat3.05 × 3.66 m

vinyl floor · large window · closet

KitchenFlat3.18 × 2.29 m

stainless steel appl · granite counters · open concept

Living RoomFlat4.34 × 2.82 m

combined w/dining · w/o to balcony · vinyl floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$445Klikely closing

Listed at $449,999 with no offer date. Homes here have been closing close to ask, so my read is $445K, typically $430K to $447K. Comparable closings on their own put this home around $422K, which supports the ask, so this is a firm read.

List price
$430KBelow recent closings$450KAbove recent closings

Total price vs nearby homes. Likely closing about $445K, from 25 recent closings in this pocket.

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
2days on market so far
$2,290/moest. rent · 33 leases
6.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 22 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 $693/sqft against an area asking average of $707/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 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $443K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
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 ($693/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
$461kavg 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 $687/sqft; this home lists at $693/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home469k488k400k399k549kThis 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
Bay Street Corridor
$500K

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
$2,051/mo
$96KIncome needed
4.7×Price ÷ income
$473Weekly cost
$10,950Land 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.

76%mortgage
Mortgage $2,051Property tax $181Condo fee $476Total carry $2,708

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,971per month

Mortgage amount $359,999 · 4.39% over 25 years

$90,000Down payment (20.0%)
$359,999Loan before insurance
$0CMHC premium
$2,628Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,971
Property tax
$181
Condo / maintenance fees
$476
Heating
$0
Estimated monthly cost
$2,628

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

One-time closing costs

Ontario land transfer tax
$5,475
Toronto municipal land transfer tax
$5,475
Estimated closing costs
$10,950

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,387/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

$231,164Total interest paid
$591,163Total of all payments
Principal $359,999 Interest $231,164
YearPrincipalInterestBalance
1$8,146$15,500$351,853
2$8,508$15,139$343,345
3$8,885$14,761$334,459
4$9,280$14,367$325,180
5$9,692$13,955$315,488
6$10,122$13,525$305,366
7$10,571$13,075$294,795
8$11,040$12,606$283,755
9$11,530$12,116$272,225
10$12,042$11,605$260,183
11$12,576$11,070$247,606
12$13,135$10,512$234,472
13$13,717$9,929$220,754
14$14,326$9,320$206,428
15$14,962$8,684$191,466
16$15,626$8,020$175,840
17$16,320$7,327$159,520
18$17,044$6,603$142,476
19$17,800$5,846$124,676
20$18,590$5,056$106,085
21$19,415$4,231$86,670
22$20,277$3,369$66,393
23$21,177$2,469$45,216
24$22,117$1,530$23,099
25$23,099$548$0

At the end of your 5-year term

Total paid over the term
$118,233
Principal paid down
$44,511
Interest paid
$73,721
Balance remaining
$315,488

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 33 whole-home leases in Tam O'Shanter-Sullivan$2,290/mo
$27,480Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,155 to $2,404Typical 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 33 whole-home leases in Tam O'Shanter-Sullivan signed at a median of $2,285 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,290. 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.

6.1%
Gross yield
− Property tax $2,175− Condo fees $5,710− Insurance $600− Vacancy & upkeep $3,023Net operating income $15,972

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

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