1060 Sheppard Avenue, Toronto, ON

$548,000
MLS#:W9346342
2 beds
2 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of York University Heights. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $548,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Very Nice & Chic-1+1 Bedroom unit, 2 Level Penthouse Loft, with 2 Baths & 9 ft Ceilings! Unobstructed East Exposure views of the City! Engineered Hardwood (as per seller) & Ceramic floors thru-out! Super clean, neat & tidy, with main floor 2 piece Bathroom and extra storage cubby underneath stairs! Spacious 2nd floor bedroom with open den-perfect for work at home station, separate laundry and 3 piece Bathroom with spacious shower! Includes 1 underground parking-right next to elevator door, and 1 large locker-right next to parking space & elevator door. Super safe building with World Class Amenities. Conveniently located across street from Sheppard West Subway & T.T.C.! Minutes to Hwy 401/400/Airport/404/D.V.P. Yorkdale Shopping Mall, Costco, L.C.B.O., Homedepot, Food Shopping, Restaurants, Parks, Schools...plus much more!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 5, 2024
Sold price information is available to members only
Listed Date9/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,288.93

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Park, Public Transit, School, Level, Clear View, Place Of Worship

Interior Features

None

Security Features

Concierge/Security, Security System

Community Features

Location

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1060 Sheppard Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1060 Sheppard Avenue W Ph 09, Toronto W05, ON M3J 0G7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$29,800 (5.4%)
* Minimum Canadian down payment required for this price is $29,800.
Amortization Period25 Years
Estimated Monthly Payment$3,088Based on a loan of $518,200 over 25 years.
Purchase Price$548,000
Loan Amount$518,200
Provincial Land Transfer Tax:$7,435
Toronto Municipal Land Transfer Tax:$7,435
Total Estimated Closing Taxes:$14,870

About Purchasing a Home in Toronto, ON

For a property listed at $548,000 in Toronto, the legal minimum down payment is $29,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,435 also applies, bringing the total estimated land transfer taxes to $14,870.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for York University Heights, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$923,296

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Jerome
Public111 Sharpecroft Boulevard, Toronto, Ontario, M3J 1P5
5.6
St Wilfrid
Public1685 Finch Avenue West, Toronto, Ontario, M3J 2G8
5.6
St Martha
Public1865 Sheppard Avenue West, Toronto, Ontario, M3L 1Y5
5.2
Blessed Margherita
Public108 Spenvalley Drive, Toronto, Ontario, M3L 1Z5
6.7
St Norbert
Public60 Maniza Road, Toronto, Ontario, M3K 1R6
6.0

Secondary Schools

James Cardinal McGuigan
Public1440 Finch Avenue West, Toronto, Ontario, M3J 3G3
5.9
William Lyon Mackenzie
Public20 Tillplain Road, Toronto, Ontario, M3H 5R2
8.7
C W Jefferys
Public340 Sentinel Road, Toronto, Ontario, M3J 1T9
2.9
Downsview
Public7 Hawksdale Road, Toronto, Ontario, M3K 1W3
3.5
Northview Heights
Public550 Finch Avenue West, Toronto, Ontario, M2R 1N6
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.