1111-1070 Sheppard Avenue, Toronto, ON

York University Heights, Toronto · MLS® W13807616

$530,000
For Sale
Listed 29 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Bright and spacious 1-bedroom plus den suite at Metro Place Condos.
  • Approximately 682 sq. ft. with an open south-facing view, large balcony and functional layout.
  • Conveniently located near Sheppard West Subway Station, York University, Yorkdale Mall, Downsview Park and Hwy 401.
  • Enjoy 24-hour concierge, indoor pool, gym, sauna and more.

Bright and spacious 1-bedroom plus den suite at Metro Place Condos. Approximately 682 sq. ft. with an open south-facing view, large balcony and functional layout. Freshly painted and professionally cleaned, with new washer/dryer and refrigerator. The den is ideal for a home office or study. Includes one parking space and one locker. Conveniently located near Sheppard West Subway Station, York University, Yorkdale Mall, Downsview Park and Hwy 401. Enjoy 24-hour concierge, indoor pool, gym, sauna and more.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13807616
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Sheppard Ave W & Allen Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$612/mo
Exposure
South West
Property tax
$2,504 / 2026
Days on market
29
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

BathroomFlat1.00 × 1.00 m

4 Pc Bath

Primary BedroomFlat3.60 × 3.10 m

large window · vinyl floor · walk-in closet(s)

Dining RoomFlat4.86 × 3.07 m

Combined w/Living

KitchenFlat4.07 × 3.07 m

Stainless Steel Appl

DenFlat2.30 × 3.65 m

LED Lighting

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

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

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.

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
Also nearby: 12 more schools within 2.5 km
St Norbert Catholic School · Catholic elementary1.8 km · 70% at standard
Faywood Arts-Based Curriculum School · Public elementary1.9 km · 70% at standard
St Jerome Catholic School · Catholic elementary1.9 km · 66% at standard
Charles H Best Junior and Middle School · Public elementary1.9 km · 49% at standard
Sheppard Public School · Public elementary2.0 km · 24% at standard
Ancaster Public School · Public elementary2.0 km · 47% at standard
Africentric Alternative School · Public elementary2.0 km · 57% at standard
Wilmington Elementary School · Public elementary2.0 km · 67% at standard
Stilecroft Public School · Public elementary2.3 km · 60% at standard
Blaydon Public School · Public elementary2.4 km · 38% at standard
Downsview Secondary School · Public secondary2.5 km · 42% at standard
Derrydown Public School · Public elementary2.5 km · 34% at standard

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

Affordability & Mortgage

Affordability
$2,416/mo
$114KIncome needed
4.7×Price ÷ income
$557Weekly cost
$14,150Land 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.

75%mortgage
Mortgage $2,416Property tax $209Condo fee $612Total carry $3,236

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)
$2,344per month

Mortgage amount $424,000 · 4.49% over 25 years

$106,000Down payment (20.0%)
$424,000Loan before insurance
$0CMHC premium
$3,165Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$209
Condo / maintenance fees
$612
Heating
$0
Estimated monthly cost
$3,165

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

One-time closing costs

Ontario land transfer tax
$7,075
Toronto municipal land transfer tax
$7,075
Estimated closing costs
$14,150

Plus your down payment of $106,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,311Total interest paid
$703,311Total of all payments
Principal $424,000 Interest $279,311
YearPrincipalInterestBalance
1$9,462$18,671$414,538
2$9,891$18,241$404,647
3$10,341$17,792$394,306
4$10,810$17,322$383,496
5$11,301$16,832$372,195
6$11,814$16,318$360,381
7$12,350$15,782$348,031
8$12,911$15,221$335,119
9$13,497$14,635$321,622
10$14,110$14,022$307,512
11$14,751$13,382$292,761
12$15,421$12,712$277,340
13$16,121$12,012$261,219
14$16,853$11,280$244,367
15$17,618$10,514$226,749
16$18,418$9,715$208,331
17$19,254$8,878$189,077
18$20,128$8,004$168,948
19$21,042$7,090$147,906
20$21,998$6,135$125,908
21$22,996$5,136$102,912
22$24,041$4,092$78,871
23$25,132$3,000$53,739
24$26,273$1,859$27,466
25$27,466$666$0

At the end of your 5-year term

Total paid over the term
$140,662
Principal paid down
$51,805
Interest paid
$88,857
Balance remaining
$372,195

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
2.2%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.

4.6%
Gross yield
− Property tax $2,504− Condo fees $7,344− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,446

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

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