722-1100 Sheppard Avenue, Toronto, ON

York University Heights, Toronto · MLS® W13219084

$499,999
For Sale
Listed 47 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to Westline Condos, offering modern urban living in one of Toronto's fastest-growing communities. This 1-bedroom + den, 2 full bathroom suite with parking features a functional open-concept layout, contemporary finishes, and a sleek kitchen with premium built-in appliances.The spacious primary bedroom provides a comfortable retreat, while the versatile den is perfect for a home office, guest space, or study. Two full bathrooms add convenience and flexibility for everyday living.Enjoy premium amenities including a fitness centre, party room, rooftop terrace, and 24-hour concierge. Conveniently located steps to TTC subway access, Yorkdale Shopping Centre, parks, restaurants, and major highways, this is an excellent opportunity for first-time buyers, professionals, downsizers, or investors seeking style, comfort, and connectivity in a prime Toronto location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13219084
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Sheppard & Allen
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$580/mo
Exposure
South
Property tax
$2,541 / 2025
Days on market
47
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

DenMain9.80 × 7.80 m
BedroomMain13.20 × 9.20 m

3 pc bath · closet

Living RoomMain29.17 × 10.75 m
Moe’s TakeTeam Asgarian · Broker
In line
$479Kest. value

Listed at $499,999, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $536K, a bit higher.

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, listed at $430K
  • Bathrooms +$15K
  • Adjusts to $445K

That comparable adjusts to $445K; the $479K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sheppard Ave West at Kodiak Cres is about a 1-minute walk away.

List price
$446KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $479K, median of 8 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in York University Heights · asking prices
$547kavg asking

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

310-1070 Sheppard Avenue$519k217-1100 Sheppard Avenue$540k608-1100 Sheppard Avenue$599k309-1100 Sheppard Avenue$600k408-55 De Boers Drive$476k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home519k540k599k600k476kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $505K
$770this home / sqft
13active listings nearby
47days on market

This home lists 6% below the area average of $823/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

York University 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

69/ 100

WalkableA 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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Sheppard Ave West at Kodiak Cres, about 31 m away

20+ transit stops1 grocery20+ dining9 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 West
$770K
Willowdale East
$441K
Annex
$1.39M
Banbury-Don Mills
$500K
Church-Yonge Corridor
$574K

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 Dublin Heights Elementary and Middle School
68%
Dublin Heights Elementary and Middle SchoolPublic · Elementary · 1.6 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,279/mo
$108KIncome needed
4.6×Price ÷ income
$526Weekly 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.

74%mortgage
Mortgage $2,279Property tax $212Condo fee $580Total carry $3,071

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,926Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$212
Condo / maintenance fees
$580
Heating
$0
Estimated monthly cost
$2,926

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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
2.4%Est. cap rate

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.

4.9%
Gross yield
− Property tax $2,541− Condo fees $6,960− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,793

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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