223-2355 Sheppard Avenue, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13871378

$625,000
For Sale
Listed 12 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
1000-1199Sq ft

About this home

In short

  • Own a Condo Townhouse - 2 Br, 2 Bath.
  • Boasting Brilliant Open-Concept, Bright Space And Huge Windows.
  • 1 Underground Parking And 1 Locker.

Own a Condo Townhouse - 2 Br, 2 Bath. Boasting Brilliant Open-Concept, Bright Space And Huge Windows. Main Floor Plan That Is Perfect For Entertaining Family & Friends, W/O Balcony Off The Main & Large Kitchen Island W/Functional Layout. This Townhouse Comes W/Builder Upgraded Laminate Flooring & Stainless Steel Appliances. 1 Underground Parking And 1 Locker. Enjoy Being In The Heart Of Toronto W/Many Great Nearby Amenities.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13871378
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Sheppard Ave /Weston Road
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$470/mo
Exposure
West
Property tax
$3,016 / 2026
Days on market
12
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

KitchenMain2.65 × 3.47 m

open concept · breakfast bar · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

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 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.

Nearby neighbourhoods

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

Downsview-Roding-CFB
$699K
Islington-City Centre West
$555K
Casa Loma
$2.80M
St. Andrew-Windfields
$929K
Mimico
$840K

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 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 elementary1.2 km · 61% at standard
St John Vianney Catholic School · Catholic elementary1.5 km · 68% at standard
Emery EdVance Secondary School · Public secondary1.7 km
Stanley Public School · Public elementary1.7 km · 44% at standard
Daystrom Public School · Public elementary1.8 km · 54% at standard
The Elms Junior Middle School · Public elementary1.8 km · 61% at standard
St Andre Catholic School · Catholic elementary1.9 km · 66% at standard
Chalkfarm Public School · Public elementary1.9 km · 38% at standard
St Stephen Catholic School · Catholic elementary2.0 km · 58% at standard
St Jane Frances Catholic School · Catholic elementary2.0 km · 47% at standard

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

Affordability & Mortgage

Affordability
$2,849/mo
$129KIncome needed
4.9×Price ÷ income
$657Weekly cost
$17,950Land 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.

80%mortgage
Mortgage $2,849Property tax $251Condo fee $470Total carry $3,570

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,765per month

Mortgage amount $500,000 · 4.49% over 25 years

$125,000Down payment (20.0%)
$500,000Loan before insurance
$0CMHC premium
$3,486Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,765
Property tax
$251
Condo / maintenance fees
$470
Heating
$0
Estimated monthly cost
$3,486

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

One-time closing costs

Ontario land transfer tax
$8,975
Toronto municipal land transfer tax
$8,975
Estimated closing costs
$17,950

Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,346/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

$329,376Total interest paid
$829,376Total of all payments
Principal $500,000 Interest $329,376
YearPrincipalInterestBalance
1$11,158$22,017$488,842
2$11,664$21,511$477,178
3$12,194$20,981$464,984
4$12,748$20,427$452,236
5$13,327$19,848$438,909
6$13,932$19,243$424,978
7$14,564$18,611$410,413
8$15,225$17,950$395,188
9$15,917$17,258$379,271
10$16,639$16,536$362,632
11$17,395$15,780$345,237
12$18,185$14,990$327,052
13$19,010$14,165$308,042
14$19,874$13,301$288,168
15$20,776$12,399$267,392
16$21,719$11,456$245,673
17$22,705$10,470$222,968
18$23,736$9,439$199,231
19$24,814$8,361$174,417
20$25,941$7,234$148,477
21$27,118$6,057$121,358
22$28,350$4,825$93,009
23$29,637$3,538$63,372
24$30,983$2,192$32,389
25$32,389$786$0

At the end of your 5-year term

Total paid over the term
$165,875
Principal paid down
$61,091
Interest paid
$104,784
Balance remaining
$438,909

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$3,400/mo
$40,800Gross annual rent
4.3%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.

6.5%
Gross yield
− Property tax $3,016− Condo fees $5,636− Insurance $600− Vacancy & upkeep $4,488Net operating income $27,060

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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