621 Sheppard Avenue Unit TPH08, Toronto C15

Price: $918,888

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13434108

Penthouse Living in the Heart of Bayview Village!Rarely offered penthouse suite at TPH08 - 621 Sheppard Ave E. This bright and spacious 2-bedroom, 2-bathroom condo offers approximately 910 sq. ft. of thoughtfully designed living space, featuring soaring ceilings, an open-concept layout, and breathtaking views from one of the building's most desirable levels. The modern kitchen flows seamlessly into the living and dining areas, creating the perfect space for entertaining or relaxing at home.Enjoy a functional split-bedroom layout for added privacy, a spacious primary suite with ensuite bath, generous room sizes throughout, and the convenience of 1 underground parking space and 1 locker. Nestled in the prestigious Bayview Village neighbourhood, this location offers the perfect blend of urban convenience and upscale community living. Just steps to Bayview Village Shopping Centre, home to luxury boutiques, fine dining, cafés, grocery stores, and everyday essentials. Commuters will appreciate easy access to Bayview and Bessarion Subway Stations, TTC transit, Highway 401, Highway 404, and the DVP, making travel across the GTA effortless.Surrounded by top-rated schools, parks, walking trails, community centres, and some of North York's most desirable residential streets, Bayview Village continues to be one of Toronto's most sought-after neighbourhoods for professionals, families, and investors alike.A rare opportunity to own a penthouse suite in an exceptional location where luxury, convenience, and lifestyle come together.

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New Listing
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$918,888 - 621 Sheppard Avenue Unit TPH08, Bayview Village

Condo for Sale in Bayview Village

New — Listed 2 days ago
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C13434108
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Description

Penthouse Living in the Heart of Bayview Village!Rarely offered penthouse suite at TPH08 - 621 Sheppard Ave E. This bright and spacious 2-bedroom, 2-bathroom condo offers approximately 910 sq. ft. of thoughtfully designed living space, featuring soaring ceilings, an open-concept layout, and breathtaking views from one of the building's most desirable levels. The modern kitchen flows seamlessly into the living and dining areas, creating the perfect space for entertaining or relaxing at home.Enjoy a functional split-bedroom layout for added privacy, a spacious primary suite with ensuite bath, generous room sizes throughout, and the convenience of 1 underground parking space and 1 locker. Nestled in the prestigious Bayview Village neighbourhood, this location offers the perfect blend of urban convenience and upscale community living. Just steps to Bayview Village Shopping Centre, home to luxury boutiques, fine dining, cafés, grocery stores, and everyday essentials. Commuters will appreciate easy access to Bayview and Bessarion Subway Stations, TTC transit, Highway 401, Highway 404, and the DVP, making travel across the GTA effortless.Surrounded by top-rated schools, parks, walking trails, community centres, and some of North York's most desirable residential streets, Bayview Village continues to be one of Toronto's most sought-after neighbourhoods for professionals, families, and investors alike.A rare opportunity to own a penthouse suite in an exceptional location where luxury, convenience, and lifestyle come together.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,714.37/mo

Includes CMHC insurance ($25,637)

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5-yr fixed avg.

Principal: $826,999Interest: $561,675
Mortgage Amount$852,636
Total Interest$561,675
Est. Property Tax$651/mo
Total Cost$1,414,311

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hillcrest Village / Bayview Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

621 Sheppard Avenue Unit TPH08, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$651
Insurance (est.)-$191
Net Cash Flow+$853

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1021/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Bayview Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    621 Sheppard Avenue Unit TPH08… — $918,888 | Battaglia Team