701 Sheppard Avenue, Toronto, ON

$688,500
MLS#:C12014113
2 beds
2 baths
800-899 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This listing is no longer active (Sold)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 Clanton Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $688,500 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 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully upgraded 2-bedroom, 2-bathroom corner unit at 701 Sheppard Ave W! With spacious bedrooms, an open-concept living area, and abundant natural light pouring in through large windows, this home is perfect for those looking for style, comfort, and convenience. The modern kitchen boasts sleek upgrades and offers plenty of counter space for meal prep and entertaining. The generous living room flows seamlessly into the oversized balcony, which can be accessed from both the main living space and the second bedroom ideal for enjoying your morning coffee or evening sunsets. The large primary bedroom features two closets and a spacious ensuite bathroom, providing a peaceful retreat. A second full bath is perfect for guests or family members. Enjoy added convenience with underground parking and a locker. Building Amenities include 24/7 security for peace of mind, Rooftop patio with stunning views, Fitness center (gym), Steam Room and Party room for entertaining guests. Close to Sheppard West Subway Station and bus routes, Nearby shopping, restaurants, parks, and top-rated schools with Easy access to major highways. Whether you're a first-time buyer, downsizing, or looking for a perfect home in between, this condo offers a great balance of comfort, convenience, and luxury. Don't miss the opportunity to own this exceptional unit!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 4, 2025
Sold price information is available to members only
Listed Date3/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,832

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Concierge/Security

Community Features

Location

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701 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 701 Sheppard Avenue W 238, Toronto C06, ON M3H 0B2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$43,850 (6.4%)
* Minimum Canadian down payment required for this price is $43,850.
Amortization Period25 Years
Estimated Monthly Payment$3,842Based on a loan of $644,650 over 25 years.
Purchase Price$688,500
Loan Amount$644,650
Provincial Land Transfer Tax:$10,245
Toronto Municipal Land Transfer Tax:$10,245
Total Estimated Closing Taxes:$20,490

About Purchasing a Home in Toronto, ON

For a property listed at $688,500 in Toronto, the legal minimum down payment is $43,850 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 $10,245 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,245 also applies, bringing the total estimated land transfer taxes to $20,490.

Nearby Listings

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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 Clanton Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$953,183

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

Northmount
PublicNorthmount Avenue, Toronto, Ontario, M3H 1M1
10.0
St Norbert
Public60 Maniza Road, Toronto, Ontario, M3K 1R6
6.0
Bedford Park
PublicToronto, Ontario, M5M 1P6
9.3
John Wanless
PublicBrookdale Avenue, Toronto, Ontario, M5M 1P6
8.7
Our Lady of the Assumption
Public125 Glenmount Avenue, Toronto, Ontario, M6B 3C2
5.1

Secondary Schools

William Lyon Mackenzie
Public20 Tillplain Road, Toronto, Ontario, M3H 5R2
8.7
Loretto Abbey
Public101 Mason Boulevard, Toronto, Ontario, M5M 3E2
7.6
John Polanyi
Public640 Lawrence Avenue West, Toronto, Ontario, M6A 1B1
4.4
Madonna
Public20 Dubray Avenue, Toronto, Ontario, M3K 1V5
4.6
Downsview
Public7 Hawksdale Road, Toronto, Ontario, M3K 1W3
3.5

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.