70-2315 Sheppard Avenue, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13730450

$729,900
For Sale
Listed 49 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Attention First-Time Home Buyers & Young Families.
  • Discover an inviting, sun-filled 3-bedroom, 2-bath condo townhome designed for comfort, convenience, and long-term value.
  • Enjoy a bright open-concept layout, freshly painted throughout, with a modern kitchen featuring undermount lighting and stainless steel appliances.

Attention First-Time Home Buyers & Young Families! Discover an inviting, sun-filled 3-bedroom, 2-bath condo townhome designed for comfort, convenience, and long-term value. With underground parking and a private locker, this home offers the space and practicality growing families need-without the high maintenance of a freehold property. Enjoy a bright open-concept layout, freshly painted throughout, with a modern kitchen featuring undermount lighting and stainless steel appliances. It's a move-in-ready home in a community that's quickly transforming, making it an ideal opportunity for both living and investing. Located in a rapidly improving area, you'll be steps from everything that supports an easy, connected lifestyle: TTC, schools, community centres, parks, walking trails, shopping, and quick access to major highways and the subway. This convenient and family-oriented neighbourhood continues to see new development, better amenities, and growing demand-perfect for buyers looking for long-term growth. Whether you're starting your homeownership journey or searching for a smart investment in an up-and-coming part of the GTA, this property checks all the boxes for value, comfort, and future potential.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
W13730450
Bedrooms
3
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Sheppard/Weston
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$414/mo
Exposure
North South
Property tax
$3,280 / 2025
Days on market
49
Listing brokerage
CORCORAN HORIZON REALTY

Rooms

KitchenMain3.04 × 2.43 m

stainless steel appl · centre island · open concept

Living RoomMain5.78 × 3.34 m

laminate · w/o to terrace · combined w/dining

Dining RoomMain5.78 × 3.34 m

laminate · open concept · combined w/living

Bedroom 2Main4.27 × 3.04 m

laminate · walk-in closet(s) · large window

Primary BedroomLower4.29 × 3.98 m

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

Bedroom 3Main3.53 × 3.22 m

laminate · large closet · large window

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 Gulfstream Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Humberlea-Pelmo Park W5, 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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 77% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Basil-the-Great College School · Catholic secondary0.8 km · 58% at standard
St Jude Catholic School · Catholic elementary0.8 km · 56% at standard
Braeburn Junior School · Public elementary1.4 km · 61% at standard
Stanley Public School · Public elementary1.6 km · 44% at standard
Emery EdVance Secondary School · Public secondary1.6 km
St John Vianney Catholic School · Catholic elementary1.6 km · 68% at standard
Chalkfarm Public School · Public elementary1.8 km · 38% at standard
St Andre Catholic School · Catholic elementary1.8 km · 66% at standard
Daystrom Public School · Public elementary1.8 km · 54% at standard
St Jane Frances Catholic School · Catholic elementary1.9 km · 47% at standard
The Elms Junior Middle School · Public elementary2.0 km · 61% at standard
St Stephen Catholic School · Catholic elementary2.1 km · 58% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,327/mo
$147KIncome needed
5.0×Price ÷ income
$768Weekly cost
$22,146Land 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.

83%mortgage
Mortgage $3,327Property tax $273Condo fee $414Total carry $4,014

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,229per month

Mortgage amount $583,920 · 4.49% over 25 years

$145,980Down payment (20.0%)
$583,920Loan before insurance
$0CMHC premium
$3,916Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,229
Property tax
$273
Condo / maintenance fees
$414
Heating
$0
Estimated monthly cost
$3,916

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

One-time closing costs

Ontario land transfer tax
$11,073
Toronto municipal land transfer tax
$11,073
Estimated closing costs
$22,146

Plus your down payment of $145,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,908/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

$384,658Total interest paid
$968,578Total of all payments
Principal $583,920 Interest $384,658
YearPrincipalInterestBalance
1$13,031$25,713$570,889
2$13,622$25,121$557,267
3$14,241$24,502$543,026
4$14,887$23,856$528,139
5$15,563$23,180$512,576
6$16,270$22,473$496,306
7$17,009$21,734$479,297
8$17,781$20,962$461,516
9$18,588$20,155$442,928
10$19,432$19,311$423,496
11$20,315$18,429$403,181
12$21,237$17,506$381,944
13$22,201$16,542$359,743
14$23,209$15,534$336,534
15$24,263$14,480$312,271
16$25,365$13,379$286,907
17$26,516$12,227$260,391
18$27,720$11,023$232,670
19$28,979$9,764$203,692
20$30,294$8,449$173,397
21$31,670$7,073$141,727
22$33,108$5,635$108,619
23$34,611$4,132$74,008
24$36,183$2,560$37,825
25$37,825$918$0

At the end of your 5-year term

Total paid over the term
$193,716
Principal paid down
$71,344
Interest paid
$122,371
Balance remaining
$512,576

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$4,100/mo
$49,200Gross annual rent
4.8%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.

6.7%
Gross yield
− Property tax $3,280− Condo fees $4,963− Insurance $600− Vacancy & upkeep $5,412Net operating income $34,945

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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