$579,900 - 701 Sheppard Avenue Unit 324, North York
Condo for Sale in North York
83 days on market- MLS Number
- C12919236
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- North York (Bathurst Manor / Clanton Park)
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this beautifully upgraded 2-bedroom, 2-bathroom corner suite at 701 Sheppard Ave W, offering the perfect blend of style, comfort, and convenience. This bright and spacious home features an open-concept layout and was recently extensively renovated.The modern kitchen showcases sleek upgrades and a quartz/backsplash countertop & Center island, ideal for both everyday living and entertaining. The spacious living area flows seamlessly to an expansive private terrace (over 130 sq. ft.) with a BBQ gas line, creating the perfect outdoor extension of your living space for relaxing, entertaining, or enjoying your morning coffee.Both bedrooms are generously sized. The primary bedroom features a walk-in closet and a large ensuite bathroom, creating a peaceful retreat, while the second bedroom offers a double door closet and is conveniently located near the second full bathroom-perfect for guests or family. Additional highlights include underground parking and a locker for added convenience.Residents enjoy excellent building amenities, including:* 24/7 security* Rooftop terrace with BBQ & stunning views* Fitness centre* Library* Steam room* Party room for entertaining*Guest suite Located in the desirable Clanton Park neighbourhood, this home is steps to Sheppard West Subway Station, TTC bus routes,shopping, restaurants, parks, and top-rated schools, with easy access to major highways.Whether you're a first-time buyer, downsizing, or searching for the perfect urban home, this stylish and move-in-ready condo offers an exceptional lifestyle in a prime location.Don't miss this rare opportunity to own a stunning suite in a luxury building. Your urban retreat awaits.
Estimate your monthly payments for this property
Estimated Payment
$2,975.19/mo
Includes CMHC insurance ($16,179)
5-yr fixed avg.
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.
Discover North York (Bathurst Manor / Clanton Park)
North York (Bathurst Manor / Clanton Park) 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 North York (Bathurst Manor / Clanton Park)
- •Convenient location in North York (Bathurst Manor / Clanton Park)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
North York (Bathurst Manor / Clanton Park) 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.
701 Sheppard Avenue Unit 324, North York (Bathurst Manor / Clanton Park)
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $725/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for North York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 800 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: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,416 (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.