$1,099,900 - 701 Sheppard Avenue Unit 702, North York
Condo for Sale in North York
New — Listed 3 days ago- MLS Number
- C13227248
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- North York (Bathurst Manor / Clanton Park)
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
*Welcome To Your Incomparable Midtown Toronto Luxe Retreat, Cocooned In Your Massive Lush & Tranquil Private Terrace Garden In The Sky *Ultra Modern Custom Renovations *Approx 1730Sf+1200Sf Terrace *Enjoy Sunrise To Sunset Unobstructed Southwest Views All The Way To The Cn Tower *Open Concept Kit Boasting Quartz Counters, Centre Island & Professional Built In Appliances *Crisp Architectural Design W/State Of The Art Led Lighting & Integrated Smarthome, Allows You To Repaint Each Room With Light *Custom Built In Shelves & Storage *Ensuite Bath In Each Bedroom *Primary Ensuite Features Flush Mounted Rain Shower & Body Jets *Upgraded Bidets *Multiple Dedicated Work From Home Spaces *3 Walkouts To Massive Terrace W/ Natural Gas, Water Bib & Hydro *2 Parking & 2 Lockers *24Hr Concierge *Excellent Rec Facilities, Gym, Party Rm, Rooftop Terrace, Guest Suites & More *Close To Schools, Earl Bales Park, Shops, Restaurants, Yorkdale Mall, Ttc & Hwy 401
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/mo
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 702, 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 $687/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.
Just Listed - Act Strategically
This property hit the market within the last week. In North York'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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.