890 Sheppard Avenue Unit 504, Toronto C06

Price: $589,900

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13018940

Welcome to this two-bedroom condo situated in this boutique styled building that offers a family friendly atmosphere. It features a sought-after split plan bedroom layout along with an open concept living area. There are two access points to the spacious balcony, one from the living room and another from the primary bedroom. The primary bedroom is equipped with a four-piece ensuite and laundry facilities. Residents enjoy access to a newly renovated gym, sauna, party/meeting room, and a recently upgraded rooftop patio that includes two BBQs, visitor parking, and secure entry. This condo is ideally located in the highly sought-after William Lyon Mackenzie C.I. school district and is just a short walk from Sheppard West Station, Yorkdale Mall, Costco, Downsview Park, Earl Bales Park, York University, Highway 401, Allen Road, and various community centers. It boasts a fantastic location and a wonderful community! This property is an excellent opportunity for first-time buyers or those looking to downsize. It is turnkey ready!

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$589,900 - 890 Sheppard Avenue Unit 504, North York

Condo for Sale in North York

57 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
C13018940
Property Type
Condo
Status
active
Days on Site
57
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
REMAX CONNECT REALTY
Description

Welcome to this two-bedroom condo situated in this boutique styled building that offers a family friendly atmosphere. It features a sought-after split plan bedroom layout along with an open concept living area. There are two access points to the spacious balcony, one from the living room and another from the primary bedroom. The primary bedroom is equipped with a four-piece ensuite and laundry facilities. Residents enjoy access to a newly renovated gym, sauna, party/meeting room, and a recently upgraded rooftop patio that includes two BBQs, visitor parking, and secure entry. This condo is ideally located in the highly sought-after William Lyon Mackenzie C.I. school district and is just a short walk from Sheppard West Station, Yorkdale Mall, Costco, Downsview Park, Earl Bales Park, York University, Highway 401, Allen Road, and various community centers. It boasts a fantastic location and a wonderful community! This property is an excellent opportunity for first-time buyers or those looking to downsize. It is turnkey ready!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,026.49/mo

Includes CMHC insurance ($16,458)

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5-yr fixed avg.

Principal: $530,910Interest: $360,580
Mortgage Amount$547,368
Total Interest$360,580
Est. Property Tax$418/mo
Total Cost$907,948

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: North York (Bathurst Manor / Clanton Park)

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

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

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.

70
Walk Score
Varies
Price Range

890 Sheppard Avenue Unit 504, North York (Bathurst Manor / Clanton Park)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,139

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

Competitive Pricing

At $737/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 57 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 $2,458 (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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    890 Sheppard Avenue Unit 504, N… — $589,900 | Battaglia Team