310-1070 Sheppard Avenue, Toronto, ON

York University Heights, Toronto · MLS® W13240646

$518,800
For Sale
Listed 49 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

A Trendy, spacious, functional and sunlit***1Bedroom + Den or 2nd Bedroom Condo Unit with 1-1/2 Baths***Original owners, Outstanding condo with 9 Ft. Ceilings***offered in this M2 Metro Place with dynamic architecture, strategically located @Allen & Sheppard***adjacent to 572 Downsview Park and opposite the Downsview Subway Station***Pristine 745Sf. Condo + 38Sf. Balcony/Patio***Full time Concierge, Exceptional lifestyle, Abundant amenities***Lobby overlooks a unique Park***Superb transit, Subway access, Mins. to Hwy 401/407***Amazing Yorkdale Mall, York University, Costco; *** Move-in ready & Priced to Sell***Please check Virtual Tour; Note: Some Rooms are Virtually Staged***

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13240646
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
700-799
Cross streets
Allen Rd & Sheppard Ave. West
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$666/mo
Exposure
South
Property tax
$2,685 / 2025
Days on market
49
Listing brokerage
CORCORAN HORIZON REALTY

Rooms

DenFlat281.00 × 2.34 m

laminate · open concept · combined w/office

Great RoomFlat5.41 × 3.15 m

combined w/dining · laminate · walk-out

Primary BedroomFlat3.89 × 2.99 m

broadloom · walk-in closet(s) · 4 pc ensuite

FoyerFlat3.39 × 182.00 m

porcelain floor · 2 pc bath · mirrored closet

KitchenFlat3.15 × 2.99 m

granite counters · ceramic floor · ceramic backsplash

Our TakeTeam Asgarian · Broker
In line
$507Kest. value

Listed at $518,800, and my independent estimate is right in line with comparable homes.

In York University Heights lately, sellers get about 100% of asking; homes sell in ~41 days.

List price
$465KGreat deal$534KOverpriced

Total price vs nearby homes. Fair value about $507K, median of 87 comparables.

How this estimate is builtthe short version

I take the 87 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $563K, a bit higher.

Schools & getting aroundcatchment and transit

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

Based on 87 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in York University Heights · asking prices
$509kavg asking

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

722-1100 Sheppard Avenue$500k309-1100 Sheppard Avenue$600k506-55 De Boers Drive$539k408-55 De Boers Drive$476k635-1100 Sheppard Avenue$430k

The 5 closest of 7 active listings nearby.

See all comparable homes
519kThis home500k600k539k476k430kThis home vs active comparables
Live market pulseActive comparables in York University Heights · median list $489K
$692this home / sqft
21active listings nearby
49days on market
75sold nearby · 90 days
$493Kmedian sold price
100%of asking, on average

This home lists 6% below the area average of $734/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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$494K
Mount Pleasant West
$589K
Bayview Village
$501K
Annex
$862K
Bay Street Corridor
$556K

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 · 1.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,365/mo
$113KIncome needed
4.6×Price ÷ income
$546Weekly 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.

73%mortgage
Mortgage $2,365Property tax $224Condo fee $666Total carry $3,254

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,215per month

Mortgage amount $415,040 · 4.14% over 25 years

$103,760Down payment (20.0%)
$415,040Loan before insurance
$0CMHC premium
$3,105Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,215
Property tax
$224
Condo / maintenance fees
$666
Heating
$0
Estimated monthly cost
$3,105

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

One-time closing costs

Ontario land transfer tax
$6,851
Toronto municipal land transfer tax
$6,851
Estimated closing costs
$13,702

Plus your down payment of $103,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,690/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

$249,402Total interest paid
$664,442Total of all payments
Principal $415,040 Interest $249,402
YearPrincipalInterestBalance
1$9,723$16,855$405,317
2$10,130$16,448$395,187
3$10,553$16,024$384,634
4$10,995$15,583$373,639
5$11,455$15,123$362,185
6$11,934$14,644$350,251
7$12,433$14,145$337,818
8$12,953$13,625$324,865
9$13,495$13,083$311,370
10$14,059$12,518$297,311
11$14,647$11,930$282,663
12$15,260$11,318$267,403
13$15,898$10,679$251,505
14$16,563$10,014$234,941
15$17,256$9,321$217,685
16$17,978$8,600$199,707
17$18,730$7,848$180,977
18$19,513$7,064$161,464
19$20,330$6,248$141,134
20$21,180$5,398$119,954
21$22,066$4,512$97,888
22$22,989$3,589$74,899
23$23,951$2,627$50,948
24$24,952$1,625$25,996
25$25,996$582$0

At the end of your 5-year term

Total paid over the term
$132,888
Principal paid down
$52,855
Interest paid
$80,033
Balance remaining
$362,185

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
2.8%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.

5.6%
Gross yield
− Property tax $2,685− Condo fees $7,987− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,360

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

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