505-2000 Sheppard Avenue, Toronto, ON

Glenfield-Jane Heights, Toronto · MLS® W13068908

$2,295/mo
For Lease
Listed 82 days ago
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2Bedrooms
1Bathrooms
0Parking
700-1100Sq Ft
10 schools20+ transit stops14 parks15 restaurantswithin 1.5 km

About this home

L-I-V-E ! R-E-N-T! F-R-E-E!. One month free on a 12 month lease! Spacious 2-bdrm apartment available at Jane & Sheppard with a big balcony, private swimming pool and amazing playground accessed only by building residents. Hardwood floors, new appliances and access to card operated laundry with plentiful and powerful washer & dryers. On-site staff and building super are friendly, reliable and accessibly responsive. Heat included. Water and hydro paid by Tenant. Move-in right away!

Key facts

Property type
Other, Apartment
MLS®
W13068908
Bedrooms
2
Bathrooms
1
Size
700-1100
Cross streets
Keele & Sheppard Ave W
Parking
0 parking
Driveway
Available
Basement
None
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Pool
Above Ground
Days on market
82
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
Moe’s TakeTeam Asgarian · Broker
In line
$2,550/moest. value

Listed at $2,295/mo, this rental is within the range of comparable rentals, on the lower side. The number above is my independent estimate of value, not the asking price.

In Glenfield-Jane Heights lately, landlords have been getting about 99% of asking and homes lease in about 27 days.

There were not many closely comparable homes right in Glenfield-Jane Heights, so I widened the search to the surrounding area.

Based on 90 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 90 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $1,800/mo
  • Adjusts to $1,800/mo

That comparable adjusts to $1,800/mo; the $2,550/mo estimate above is the median of all 90 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Oakdale Park Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. 2002-2012 Sheppard Avenue West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1,800/moBelow market$3,088/moAbove market

Total price vs nearby homes. Fair value about $2,550/mo, median of 90 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Weigh carefully
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$3,250avg asking

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

1206-8 Pemberton Avenue$2,900902-39 Pemberton Avenue$2,950706-25 Oxley Street$3,2003306-19 Grand Trunk Crescent$3,4001512-470 Front Street$3,800

The 5 closest active listings nearby.

See all comparable homes
2,295This home2,9002,9503,2003,4003,800This home vs active comparables
Live market pulseActive comparables in Glenfield-Jane Heights · median list $2K
10active listings nearby
82days on market
100leased nearby · 90 days
$2Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Glenfield-Jane Heights, 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

87/ 100

Walker's ParadiseA 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: 2002-2012 Sheppard Avenue West, about 124 m away

20+ transit stops2 grocery15 dining14 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.

Willowdale East
$2K
Dovercourt-Wallace Emerson-Junction
$2K
Mount Pleasant West
$3K
Bayview Village
$3K
Annex
$2K

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 Stanley Public School
44%
Stanley Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 44% meet the provincial standard

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $10Property tax $1Total carry $12

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,836 · 4.14% over 25 years

$459Down payment (20.0%)
$1,836Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

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

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$23

Plus your down payment of $459. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/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

$1,103Total interest paid
$2,939Total of all payments
Principal $1,836 Interest $1,103
YearPrincipalInterestBalance
1$43$75$1,793
2$45$73$1,748
3$47$71$1,701
4$49$69$1,653
5$51$67$1,602
6$53$65$1,549
7$55$63$1,494
8$57$60$1,437
9$60$58$1,377
10$62$55$1,315
11$65$53$1,250
12$68$50$1,183
13$70$47$1,113
14$73$44$1,039
15$76$41$963
16$80$38$883
17$83$35$801
18$86$31$714
19$90$28$624
20$94$24$531
21$98$20$433
22$102$16$331
23$106$12$225
24$110$7$115
25$115$3$0

At the end of your 5-year term

Total paid over the term
$588
Principal paid down
$234
Interest paid
$354
Balance remaining
$1,602

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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