508-1070 Sheppard Avenue, Toronto, ON
York University Heights, Toronto · MLS® W13823548
About this home
In short
- Welcome to Suite 508 at 1070 Sheppard Ave W, a bright, spacious and well-designed 1-bedroom plus den, 2-bathroom condo just steps from Sheppard West Station.
- The suite features several recent upgrades, including a Bosch 300 Series dishwasher with stainless steel interior installed in December 2025, an LG ultra-large...
- Enjoy an excellent selection of building amenities, including an indoor pool, gym, sauna, sports simulator, media room, community barbecue area, and parkette.
- Commuters also benefit from nearby Downsview Park GO Station, Allen Road, and Highway 401, with Pearson International Airport an easy drive away.
Welcome to Suite 508 at 1070 Sheppard Ave W, a bright, spacious and well-designed 1-bedroom plus den, 2-bathroom condo just steps from Sheppard West Station. The versatile den is ideal for a home office, study area, or additional living space, while two bathrooms provide added comfort and functionality. Enjoy abundant afternoon and evening sun, and clear views from the windows and balcony, with no neighbouring building directly facing your unit. The suite features several recent upgrades, including a Bosch 300 Series dishwasher with stainless steel interior installed in December 2025, an LG ultra-large capacity washer with steam technology, a replaced Whirlpool over-the-range microwave, and a high-performance dryer lint box retrofit completed in September 2025. Enjoy an excellent selection of building amenities, including an indoor pool, gym, sauna, sports simulator, media room, community barbecue area, and parkette. Residents also have access to a party room and guest suite available for rental. The well-managed and well-maintained building is backed by a healthy reserve fund, offering residents a comfortable condominium community with well-kept common areas and amenities. Location is a major highlight: Sheppard West Subway Station and Bus Terminal are less than one block away, offering quick and convenient TTC access throughout Toronto, including easy connections to York University, the University of Toronto, and the downtown core. Commuters also benefit from nearby Downsview Park GO Station, Allen Road, and Highway 401, with Pearson International Airport an easy drive away. Everyday shopping and entertainment are close at hand, with Costco, Yorkdale Shopping Centre, grocery stores, restaurants, cafés, and essential services all nearby. Spend weekends at Downsview Park, explore nearby recreation facilities and trails, or enjoy concerts and major events at Rogers Stadium. Families will appreciate proximity to neighbourhood schools, including William Lyon Mackenzie.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13823548
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 700-799 sq ft
- Cross streets
- Sheppard Ave W and Allen Rd.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $666/mo
- Exposure
- South West
- Property tax
- $2,731 / 2026
- Days on market
- 25
- Listing brokerage
- RED HOUSE REALTY
Rooms
laminate · combined w/living · w/o to balcony
ceramic backsplash · open concept
window · closet · laminate
laminate · combined w/dining
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readIts public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $746/sqft; this home lists at $626/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
York University Heights, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $375,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,075
- Property tax
- $228
- Condo / maintenance fees
- $666
- Heating
- $0
- Estimated monthly cost
- $2,968
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,855
- Toronto municipal land transfer tax
- $5,855
- Estimated closing costs
- $11,710
Plus your down payment of $93,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $124,473
- Principal paid down
- $45,843
- Interest paid
- $78,630
- Balance remaining
- $329,357
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RED HOUSE REALTY. MLS®/PropTx.