$399,999

$408,888For salePrice drop↓ $8,889 (2%)

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#312 2015 Sheppard Avenue East, Toronto (Henry Farm) - Single Family for Sale

#312 2015 Sheppard Avenue East, Toronto (Henry Farm), Ontario, M2J0B3

1 bed1 bath parking

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Investment analysis

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$399,999

Toronto

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Description

Stylish Loft Living at 2015 Sheppard Ave East Discover this rare and beautifully designed 2-storey loft-style condo with 577 sqft of modern living space at the sought-after Monarch building, ideally located at Sheppard Ave East and Hwy 404. Featuring soaring floor-to-ceiling windows and a spacious balcony, this bright, open-concept layout offers natural light throughout. The upper-level primary bedroom provides privacy and style in a sleek urban setting. Enjoy unparalleled convenience just steps to Don Mills Subway Station, Fairview Mall, dining, and amenities. Easy access to major highways makes commuting a breeze. (id:66096)

Property Details

MLS®: C13758782
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Storeys: 2
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,148.47/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Toronto (Henry Farm) listings, avg age

45d

Price / ft²

$728

List price

$400K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M2J)

This home lists at $399,999, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $78,134 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 61,761
Median age: 38.4
Owner / renter: 51% / 49%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2J)

$399,999· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,999.95

Min 5%50%

Mortgage payment$2,107/mo

↳ CMHC premium ($15,200 capitalized)

Property tax (est.)$179/mo

Condo fee$545/mo

Total monthly$2,831

Cash Needed to Close

Down payment (5%)$20,000

Land transfer tax$8,950

Est. closing costs$3,700

Total cash needed$32,650

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#312 2015 Sheppard Avenue East, Toronto (Henry Farm) - Single Family for Sale

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Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M2J)

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Full Cost Breakdown