503-3121 Sheppard Ave
Tam O'Shanter-Sullivan, Toronto, Ontario M1T 0B6
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $739at the range’s middle
- Tax a year
- $2,7452025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 503-3121 Sheppard Ave
503-3121 Sheppard Ave is a 2-bedroom, 2-bathroom condo in Tam O'Shanter-Sullivan, Toronto, listed for sale at an asking price of $628,000 (MLS® E13801406).
Meticulously maintained and truly move-in ready, this bright and beautifully appointed 2-bedroom, 2-bathroom corner suite at WISH Condos is sure to impress. Enjoy peaceful south-facing park views from the large private balcony, with an abundance of natural light streaming through the suite's numerous windows. The modern open-concept layout features a stylish kitchen overlooking spacious living and dining areas, creating an inviting space for both everyday living and entertaining. One parking space and a locker conveniently located on the same floor as the unit are included. Residents enjoy an impressive array of amenities, including 24-hour concierge, fitness centre, party room, card room, sports room, 9th-floor terrace with BBQ facilities, and ample visitor parking. Ideally located just minutes from Fairview Mall, major highways, schools, shopping, restaurants, hospital, parks, and public transit. Spotless, exceptionally well cared for, and in move-in condition - simply unpack and enjoy!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall26/100−$1,308/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 20 condos with 2 bedrooms for lease in Tam O'Shanter-Sullivan right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,745 / 2025
- MLS® number
- E13801406
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Tam O'Shanter-Sullivan
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, B/I Dishwasher, Washer, dryer, electric light fixtures, window coverings
- Condo maint.
- $713
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.34 × 3.35 m | Open Concept, Stainless Steel Appl | Flat |
| Dining | 2.18 × 3.25 m | Large Window, Open Concept | Flat |
| Living | 3.28 × 3.28 m | W/O To Balcony | Flat |
| Primary | 3.1 × 4.06 m | Large Closet, Window, 3 Pc Ensuite | Flat |
| 2nd Br | 3.07 × 3.51 m | Window, Closet | Flat |
Listing history
Buy/sell history for 503-3121 Sheppard Ave, 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 | $628,000 | N/A | For Sale | E13801406 |
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
- $125,600
- Total mortgage amount
- $502,400
- Total interest payment
- $357,400
- Total purchase cost
- $985,400
- Mortgage payment
- $2,866/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$3,808- Rent $2,500
- Shortfall $1,308
Rental income opens at $2,500, the median asking rent of 20 comparable homes for lease in Tam O'Shanter-Sullivan. 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
- $9,035
- Toronto municipal land transfer tax
- $9,035
- Total land transfer tax
- $18,070
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $9,595
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 $628,000
- $4,560
- Ontario total
- $9,035
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,035.
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
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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
ORBy-law
569-2013Municipality
Toronto1 Where this is written
Chapter 90, section 90.30 of By-law 569-2013
2 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
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1800 PHARMACY AVESite planUnder Review
Development comprising of a 22 storey mixed-use building, containing 410 residential units, non-residential GFA of 1598 square metres, a floor space index of 4.31 times the lot area, and 389 parking spaces.
70 m away2993 SHEPPARD AVE ESite planUnder Review
Development comprising of a 22 storey mixed-use building, containing 410 residential units, non-residential GFA of 1598 square metres, a floor space index of 4.31 times the lot area, and 389 parking spaces.
120 m away3175 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
INACTIVE CLOSED - Refer to the new application: 24 106385 ESC 22 OZDevelopment of a 4-storey residential building with 35 units and 41 vehicle parking spaces.
280 m away3175 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
This is an OPA & Rezoning application. The proposal seeks to redevelop the lands with a 12-storey mixed-use building.
280 m away3177 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
INACTIVE CLOSED - Refer to the new application: 24 106385 ESC 22 OZDevelopment of a 4-storey residential building with 35 units and 41 vehicle parking spaces.
300 m away3177 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
This is an OPA & Rezoning application. The proposal seeks to redevelop the lands with a 12-storey mixed-use building.
300 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
Condos for sale in Tam O'Shanter-Sullivan right now
- For sale now
- 46
- Median asking price
- $550K
- New in 7 days
- 3
- Price cuts
- 30%
Middle half: $470K to $614K
15 in 28 days
14 listings
This home is asking 14% above the median, higher than three quarters of them.
See all homes in Tam O'Shanter-SullivanAsking 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 |
|---|---|---|
| Don Mills Station | TTC subway: Line 4 Sheppard | 2.4 km |
| Agincourt GO | GO Transit train: Stouffville | 2.9 km |
| Oriole GO | GO Transit train: Richmond Hill | 4 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 4.1 km |
| Bessarion Station | TTC subway: Line 4 Sheppard | 4.8 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; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bridlewood Junior Public SchoolToronto DSB | Public · grades JK–6 | 600 m | 79%Grade 6 average |
| Vradenburg Junior Public SchoolToronto DSB | Public · grades JK–6 | 700 m | 83%Grade 6 average |
| St Gerald Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 950 m | 79%Grade 6 average |
| ÉÉC Sainte-MadeleineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.5 km | 75%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Caring and Safe School 2Toronto DSB | Public · grades 9–12 | 900 m | — |
| Sir John A Macdonald Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.4 km | 55%Grade 9 math |
| Senator O'Connor College SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.7 km | 64%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 5.1 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
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Sold prices in Tam O'Shanter-Sullivan are shown to signed-in members.