- Bedrooms
- 4+1
- Bathrooms
- 5
- Size
- 2,000–2,500sq ft
- Per sq ft
- $1,327at the range’s middle
- Lot
- 25 x 150 ft
- Tax a year
- $13,7622025 tax year
- Built
- New
- Parking
- 31 built-in
- Days on market
- Members
The brief
About 194 Sheldrake Blvd
194 Sheldrake Blvd is a 4+1-bedroom, 5-bathroom detached house in Mount Pleasant East, Toronto, listed for sale at an asking price of $2,985,000 (MLS® C14140282).
Welcome To This Newly Built Custom Home In Coveted Sherwood Park, Set On An Incredible 150-Ft-Deep Open Lot Ready For Your Imagination! Offering High Ceilings, Large Open Spaces And Exceptional Natural Light, This Home Delivers The Perfect Combination Of Modern Luxury, Function And Space. The Main Floor Boasts A Beautiful Open-Concept Layout Highlighted By Elegant Coffered Ceilings, Spacious Living And Dining Areas And A Sleek Eat-In Kitchen Featuring Custom Cabinetry, Quartz Countertops And Matching Backsplash. The Family Room Features Custom Built-Ins, An Electric Fireplace And Walkout To The Balcony And Landscaped Yard. Upstairs, The Stunning Primary Retreat Offers A Spa-Inspired Ensuite With Heated Floors And Wall-To-Wall Custom Built-In Cabinetry. Three Additional Bedrooms Provide Generous Space And Comfort. Two Convenient Laundry Areas-One Upstairs And One In The Basement-Offer Added Flexibility And Everyday Convenience. The Lower Level Is Equally Impressive With Soaring Ceilings, A Large Recreation Room With Walk-Up To The Yard, Private Nanny Suite And Plenty Of Storage. Additional Features Include A Solid Stone And Brick Exterior, High-Efficiency Mechanicals, In-Ground Irrigation, Landscape Lighting, Extensive Custom Millwork And A Garage With Epoxy Flooring. Perfectly Situated Just Steps From Sherwood Park And Summerhill Market With Quick Access To The Restaurants, Shops, Entertainment And Transit Of Yonge And Eglinton. Walking Distance To Top-Rated Schools, Zoned For Blythwood And North Toronto And Close To Some Of Toronto's Leading Private Schools. A Rare Opportunity To Own A Beautifully Finished Custom Home On An Exceptional Lot In One Of Toronto's Most Sought-After Neighbourhoods!
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$9,766/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 126 detached homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $13,762 / 2025
- MLS® number
- C14140282
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 25 x 150 ft
- Listed on
- Parking
- 1 Built-In, 3 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Mount Pleasant East
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 1 × 6pc 2nd, 1 × 5pc 2nd, 1 × 3pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 2
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 25 ft
- Depth
- 150 ft
- Lot Size
- 25 x 150 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.25 × 3.23 m | hardwood floor, Picture Window, Coffered Ceiling | Main |
| Dining | 4.21 × 3.9 m | Combined W/Living, Picture Window, Pot Lights | Main |
| Kitchen | 5.06 × 5.04 m | Centre Island, Open Concept, Quartz Counter | Main |
| Family | 3.65 × 5.04 m | Electric Fireplace, W/O To Balcony, B/I Bookcase | Main |
| Primary | 4.39 × 5.04 m | Ensuite Bath, His/Hers Closets, Bay Window | 2nd |
| 2nd Br | 3.08 × 2.87 m | Double Closet, hardwood floor, Picture Window | 2nd |
| 3rd Br | 3.21 × 2.87 m | Double Closet, Picture Window, hardwood floor | 2nd |
| 4th Br | 3.18 × 2.98 m | Ensuite Bath, Double Closet, hardwood floor | 2nd |
| Rec | 5.62 × 4.75 m | Walk-Up, Electric Fireplace, Vinyl Floor | Lower |
| Br | 2.95 × 2.48 m | Vinyl Floor, Above Grade Window | Lower |
| Laundry | 3.86 × 1.29 m | Laundry Sink, Porcelain Floor | Lower |
Listing history
Buy/sell history for 194 Sheldrake Blvd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,985,000 | N/A | For Sale | C14140282 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $597,000
- Total mortgage amount
- $2,388,000
- Total interest payment
- $1,697,700
- Total purchase cost
- $4,682,700
- Mortgage payment
- $13,619/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
77%Monthly carrying cost
$14,766- Rent $5,000
- Shortfall $9,766
Rental income opens at $5,000, the median asking rent of 126 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $61,100
- Toronto municipal land transfer tax
- $61,100
- Total land transfer tax
- $122,200
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $113,725
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,985,000
- $24,625
- Ontario total
- $61,100
Toronto’s municipal tax uses the same brackets at this price, so it adds another $61,100.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 3,750 sq ft348 m²
- Street frontage
- 25 ft7.6 m
- Depth
- 150 ft45.7 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 26 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.0 km5 km
- Mapped parcel: about 3,760 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f10.5; d0.35) (x1429)By-law
569-2013Municipality
Toronto1 f10.5
Frontage: at least 10.5 m.
2 d0.35
Density: floor area is capped at 0.35 times the lot area.
3 x1429
Site-specific exception 1429: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1429)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
New BuildingClosed
Revision 01 - Remove basement courtyard and other interior alterations.Proposal to construct a new 3 storey single family dwelling and demolish existing 2 storey single family dwelling
Issued September 6, 2022
Building Permit Related(MS)Closed
HVAC - Proposal to construct a new 3 storey single family dwelling and demolish existing 2 storey single family dwelling
Issued November 3, 2021
DemolitionClosed
Proposal to demolish existing 2 storey single family dwelling to construct a new 3 storey single family dwelling
Issued October 12, 2021
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a new 3 storey single family dwelling and demolish existing 2 storey single family dwelling
Issued October 8, 2021
Building Permit Related (DR)Closed
Drain - Proposal to construct a new 3 storey single family dwelling and demolish existing 2 storey single family dwelling
Issued October 8, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
141 ERSKINE AVESite planUnder Review
Proposed Development consists of a new 31-storey (102 metres in height) residential building with 296 new condominium units and 26 rental replacement units for a total of 322 dwelling units. The total residential gross floor area (GFA) is 22,243 square metres (15.3 FSI). A total of 89 associated parking spaces and 322 bicycle parking spaces will be proposed. The Proposed Development will include the demolition and replacement of the existing 26 rental units.
470 m away133 ERSKINE AVESite planUnder Review
Proposed Development consists of a new 31-storey (102 metres in height) residential building with 296 new condominium units and 26 rental replacement units for a total of 322 dwelling units. The total residential gross floor area (GFA) is 22,243 square metres (15.3 FSI). A total of 89 associated parking spaces and 322 bicycle parking spaces will be proposed. The Proposed Development will include the demolition and replacement of the existing 26 rental units.
470 m away241 REDPATH AVESite planUnder Review
Site Plan Amendment Application in response to the additional 5-storeys approved at the North York Committee of Adjustment on June 12, 2025, approving additional height and density among other performance standards.
510 m away124 BROADWAY AVECondominiumUnder Review
*** Draft Plan of Condominium for 459 condominium units.
540 m away124 BROADWAY AVESite planUnder Review
Site Plan Control application for two residential towers with shared podium and facilities, at 36 storeys on 124 Broadway Avenue and 30 storeys on 136 Broadway Avenue. 860 dwelling units are proposed, including 206 units in the purpose built rental tower at 136 Broadway Ave to replace rental units from 124 and 136 Broadway Ave and 81 Roehampton Ave.
540 m away77 ERSKINE AVESite planUnder Review
Proposal to demolish the existing 4-storey rental apartment and construct a new 35-storey residential building containing 377 residential units, including 36 replacement rental dwelling units. The proposal consists of 23,973.0 sq. m of residential gross floor area (GFA) which results in a total Floor Space Index (FSI) of 13.8.
550 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Mount Pleasant East right now
- For sale now
- 22
- Median asking price
- $2.37M
- New in 7 days
- 5
- Price cuts
- 27%
Middle half: $1.53M to $2.95M
10 in 28 days
6 listings
This home is asking 26% above the median, higher than three quarters of them.
See all homes in Mount Pleasant EastAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mount Pleasant Station | TTC light rail: Line 5 Eglinton | 900 m |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 1.3 km |
| Lawrence Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Leaside Station | TTC light rail: Line 5 Eglinton | 1.5 km |
| Avenue Station | TTC light rail: Line 5 Eglinton | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| John Fisher Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 550 m | 87%Grade 6 average |
| Blythwood Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 83%Grade 6 average |
| St Monica Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 84%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 6 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Northern Secondary SchoolToronto DSB | Public · grades 9–12 | 700 m | 72%Grade 9 math |
| North Toronto Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | 80%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.6 km | 59%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 4.4 km | 77%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Mount Pleasant East are shown to signed-in members.