613-5580 Sheppard E Avenue, Toronto, ON

Malvern, Toronto · MLS® E13861498

$329,000
For Sale
Listed 9 days agoNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 15, 2026, 12:54 a.m.. Price and status may have changed since; refresh in a minute for the live version.

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1+1Bedrooms
1Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Gorgeous, Spacious & Beautifully Renovated Model Condo! Welcome to this absolutely stunning, professionally renovated condo offering exceptional space, style and...
  • Over $70,000 has been invested in recent renovations and upgrades, creating a truly move-in-ready home with quality finishes throughout.
  • A rare combination of generous space, extensive renovations, versatile living areas and outstanding convenience.

**Gorgeous, Spacious & Beautifully Renovated Model Condo!** Welcome to this absolutely stunning, professionally renovated condo offering exceptional space, style and functionality. Over **$70,000 has been invested in recent renovations and upgrades**, creating a truly move-in-ready home with quality finishes throughout. The open, inviting interior features **gleaming engineered wood flooring, modern designer lighting, zebra blinds, solid wood doors and trims**, and a beautifully updated, spa-inspired bathroom. The modern kitchen is both stylish and functional, featuring **elegant quartz countertops and thoughtfully organized cabinetry** with excellent storage. The versatile layout provides **tons of living space**, including an additional **den with a door** that can easily function as a private home office, guest room or small bedroom-ideal for today's live-and-work lifestyle. Enjoy **central air conditioning with an owned A/C unit** and the comfort of a home that has been thoughtfully upgraded from top to bottom. The location is exceptionally convenient, with **Centennial College, schools, grocery stores, parks, restaurants, shopping, banks, library, recreation centre, hospital and public transit** all close by, with transit conveniently located right outside the building. A rare combination of **generous space, extensive renovations, versatile living areas and outstanding convenience**. This is a home that truly needs to be seen to be appreciated. **Book your private showing today-you won't be disappointed!**

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13861498
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Markham Rd / Sheppard Ave E
Parking
1 parking
Basement
None
Heating
Baseboard
A/C
Central Air
Exterior
Brick, Concrete Block
Maintenance
$477/mo
Exposure
North West
Property tax
$926 / 2025
Days on market
9
Listing brokerage
HOMELIFE TOP STAR REALTY INC.

Rooms

KitchenMain2.80 × 2.30 m

wood · quartz counter

DenMain2.26 × 1.72 m

Wood

Living RoomMain6.85 × 5.23 m

wood · large window

BedroomMain5.19 × 3.10 m

wood · large window · large closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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
$1,499/mo
$72KIncome needed
4.6×Price ÷ income
$346Weekly cost
$6,820Land 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.

73%mortgage
Mortgage $1,499Property tax $77Condo fee $477Total carry $2,053

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,455per month

Mortgage amount $263,200 · 4.49% over 25 years

$65,800Down payment (20.0%)
$263,200Loan before insurance
$0CMHC premium
$2,009Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,455
Property tax
$77
Condo / maintenance fees
$477
Heating
$0
Estimated monthly cost
$2,009

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

One-time closing costs

Ontario land transfer tax
$3,410
Toronto municipal land transfer tax
$3,410
Estimated closing costs
$6,820

Plus your down payment of $65,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,761/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

$173,383Total interest paid
$436,583Total of all payments
Principal $263,200 Interest $173,383
YearPrincipalInterestBalance
1$5,874$11,590$257,326
2$6,140$11,323$251,186
3$6,419$11,044$244,767
4$6,710$10,753$238,057
5$7,015$10,448$231,042
6$7,334$10,130$223,708
7$7,667$9,797$216,042
8$8,015$9,449$208,027
9$8,379$9,085$199,648
10$8,759$8,704$190,889
11$9,157$8,307$181,733
12$9,572$7,891$172,160
13$10,007$7,456$162,153
14$10,461$7,002$151,692
15$10,936$6,527$140,755
16$11,433$6,030$129,322
17$11,952$5,511$117,370
18$12,495$4,969$104,875
19$13,062$4,401$91,813
20$13,655$3,808$78,158
21$14,275$3,188$63,883
22$14,923$2,540$48,960
23$15,601$1,862$33,359
24$16,309$1,154$17,050
25$17,050$414$0

At the end of your 5-year term

Total paid over the term
$87,317
Principal paid down
$32,158
Interest paid
$55,158
Balance remaining
$231,042

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
5.6%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.

8.8%
Gross yield
− Property tax $926− Condo fees $5,718− Insurance $600− Vacancy & upkeep $3,168Net operating income $18,388

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

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