9482 Sheppard Avenue, Toronto, ON
Rouge E11, Toronto · MLS® E14081776
About this home
In short
- Beautifully maintained 3-bedroom, 3-bathroom townhouse featuring a finished basement in a highly sought-after location near Meadowvale and Sheppard.
- This inviting home offers a spacious open-concept layout with hardwood flooring on the main level, creating a warm and welcoming atmosphere.
- The modern kitchen is equipped with stainless steel appliances and provides direct access to the private backyard.
- The primary bedroom boasts a 3-piece ensuite, complemented by two generously sized additional bedrooms.
- Ideally situated just minutes from shopping, 24-hour TTC service, U of T Scarborough, Highway 401, GO Transit, parks, and a variety of everyday amenities.
Beautifully maintained 3-bedroom, 3-bathroom townhouse featuring a finished basement in a highly sought-after location near Meadowvale and Sheppard. This inviting home offers a spacious open-concept layout with hardwood flooring on the main level, creating a warm and welcoming atmosphere. The modern kitchen is equipped with stainless steel appliances and provides direct access to the private backyard. The primary bedroom boasts a 3-piece ensuite, complemented by two generously sized additional bedrooms. Enjoy the convenience of second-floor laundry and fresh paint throughout. Ideally situated just minutes from shopping, 24-hour TTC service, U of T Scarborough, Highway 401, GO Transit, parks, and a variety of everyday amenities.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- E14081776
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399 sq ft
- Cross streets
- Meadowvale/Sheppard
- Parking
- 1 garage (detached)
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $299/mo
- Exposure
- North
- Property tax
- $2,473 / 2025
- Days on market
- 4
- Listing brokerage
- THE CANADIAN HOME REALTY INC.
Rooms
broadloom · 3 pc bath
laminate · open concept
broadloom · b/i closet
laminate · w/o to yard
laminate · open concept
broadloom · b/i closet
ceramic floor · 2 pc bath
Listed at $649,900, about 12% above our estimate of $582K (homes like it typically land between $542K and $612K).
Why $582K. The typical townhouse sold in Rouge E11 over the past year went for about $640K (16 sales). What sets this one apart:
- ▲ Raises it3 bedrooms and 3 baths, against 2+1 and 2 typically.
- ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,473 a year; the typical home sold here pays about $2,600.
Total price vs nearby homes. Fair value about $582K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $500/sqft against an area asking average of $578/sqft.
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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $640K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is John G Diefenbaker Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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 ($500/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.
Based on 9 homes sold in this building over the past two years, from 41 closings in Rouge E11.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $582K, which is where my estimate comes from.
Per square foot, these ask about $635/sqft; this home lists at $500/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $702K | 150 |
| November 2025 | $709K | 130 |
| December 2025 | $705K | 63 |
| January 2026 | $695K | 77 |
| February 2026 | $728K | 104 |
| March 2026 | $715K | 121 |
| April 2026 | $711K | 147 |
| May 2026 | $726K | 131 |
| June 2026 | $706K | 132 |
| July 2026 | $683K | 156 |
| August 2026 | $669K | 116 |
| September 2026 | $684K | 98 |
Neighbourhood & location
Rouge E11, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 7 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $519,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,875
- Property tax
- $206
- Condo / maintenance fees
- $299
- Heating
- $0
- Estimated monthly cost
- $3,380
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,473
- Toronto municipal land transfer tax
- $9,473
- Estimated closing costs
- $18,946
Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $172,484
- Principal paid down
- $63,525
- Interest paid
- $108,959
- Balance remaining
- $456,395
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Rouge E11 signed at a median of $2,765 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,085. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE CANADIAN HOME REALTY INC.. MLS®/PropTx.