For SaleCondo Apt · ApartmentMLS® #E14169122 · TRREB MLS®
522-3121 Sheppard Ave, Toronto, Ontario
Tam O'Shanter-Sullivan, Toronto, Ontario M1T 0B6
- Bedrooms
- 2
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$470,000
Estimated market value
About 522-3121 Sheppard Ave
522-3121 Sheppard Ave is a 2-bedroom, 2-bathroom condo in Tam O'Shanter-Sullivan, Toronto, listed for sale at an asking price of $470,000 (MLS® E14169122).
Rarely offered two bedrooms + two washrooms beautiful unit; Very functional layout, modern kitchen w/ s/s appliances, convenient location; Step out to bus stand for easy access to subway at Scarborough Town Centre and Fairview Mall, supermarkets, restaurants, banks, 404/401, DVP and more. Amenities incl. exercise room, yoga studio, sports lounge, cards room, party room.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$424/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 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.
Key facts
- Tax
- $2,430 / 2026
- MLS® number
- E14169122
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 522-3121 Sheppard Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $470,000 | — | For Sale | E14169122 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Tam O'Shanter-Sullivan
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc Main
- 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
- Condo maint.
- $576
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Condos for sale in Tam O'Shanter-Sullivan right now
- For sale now
- 43
- Median asking price
- $538K
Middle half: $470K to $613K
This home is asking 13% below the median.
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.
Signals around this home
Changing nearby. 6 open development applications on this home’s street within 800 m.
2993 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 away1800 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.
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.
220 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.
220 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.
240 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.
240 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.
Land transfer tax on this home
- Ontario land transfer tax
- $5,875
- Toronto municipal land transfer tax
- $5,875
- Total land transfer tax
- $11,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $3,275
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 $470,000
- $1,400
- Ontario total
- $5,875
Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,875.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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.
Permit history
No cleared building permit found for this address in the City’s cleared-permits file, which begins in 2017. Older permits, open permits and permits filed under another address form may not appear.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bridlewood Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 79%Grade 6 average |
| Vradenburg Junior Public SchoolToronto DSB | Public · grades JK–6 | 750 m | 83%Grade 6 average |
| St Gerald Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 900 m | 79%Grade 6 average |
| ÉÉC Sainte-MadeleineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.6 km | 75%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Caring and Safe School 2Toronto DSB | Public · grades 9–12 | 1 km | — |
| Sir John A Macdonald Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 55%Grade 9 math |
| Senator O'Connor College SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.9 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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Don Mills Station | TTC subway: Line 4 Sheppard | 2.4 km |
| Agincourt GO | GO Transit train: Stouffville | 2.8 km |
| Oriole GO | GO Transit train: Richmond Hill | 4 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 4.1 km |
| Old Cummer GO | GO Transit train: Richmond Hill | 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.
Zoning
Zone
RAC (u280; d4.65) (x48)By-law
569-2013Municipality
Toronto1 u280
Unit count: at most 280 dwelling units.
2 d4.65
Density: floor area is capped at 4.65 times the lot area.
3 x48
Site-specific exception 48: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(48)
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.
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.
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
- $94,000
- Total mortgage amount
- $376,000
- Total interest payment
- $267,500
- Total purchase cost
- $737,500
- Mortgage payment
- $2,145/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$2,924- Rent $2,500
- Shortfall $424
Rental income opens at $2,500, the median asking rent of 21 comparable homes for lease in Tam O'Shanter-Sullivan. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Tam O'Shanter-Sullivan are shown to signed-in members.