For SaleCondo Apt · ApartmentMLS® #C14159736 · TRREB MLS®
424-2035 Sheppard Ave, Toronto, Ontario
Henry Farm, Toronto, Ontario M2J 0A8
- Bedrooms
- 1
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$389,000
Estimated market value
About 424-2035 Sheppard Ave
424-2035 Sheppard Ave is a 1-bedroom, 1-bathroom condo in Henry Farm, Toronto, listed for sale at an asking price of $389,000 (MLS® C14159736).
Great North York location, one bedroom condo unit, close to Don Mills subway station, steps to TTC, Fairview Mall, Schools, Hwy 404, Hwy 401 & DVP, Bright, spacious & comfort condo unit with large size of balcony, clean unit, many amenities: gym, concierge, meeting room etc.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$374/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 11 condos with 1 bedroom for lease in Henry Farm right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $1,980 / 2025
- MLS® number
- C14159736
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 424-2035 Sheppard Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $389,000 | N/A | For Sale | C14159736 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Henry Farm
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 11-15
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Dishwasher, Washer, Dryer, Microwave, Window Blinds
- Condo maint.
- $584
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Map and tour
Condos for sale in Henry Farm right now
- For sale now
- 75
- Median asking price
- $506K
- New in 7 days
- 7
- Price cuts
- 19%
Middle half: $448K to $599K
33 in 28 days
14 listings
This home is asking 23% below the median, lower than three quarters of them.
See all homes in Henry FarmAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
123 A PARKWAY FOREST DRSite planUnder Review
Site Plan application for the redevelopment of the lands with a 33-storey residential apartment building with 384 rental units, including six (6) affordable rental housing units. The existing 19-storey residential apartment building with 188 rental units will be retained. Five (5) of the ten (10) existing three (3)-storey rental townhouses will be retained and five (5) will be demolished to accommodate the proposed development.
460 m away123 PARKWAY FOREST DRSite planUnder Review
Site Plan application for the redevelopment of the lands with a 33-storey residential apartment building with 384 rental units, including six (6) affordable rental housing units. The existing 19-storey residential apartment building with 188 rental units will be retained. Five (5) of the ten (10) existing three (3)-storey rental townhouses will be retained and five (5) will be demolished to accommodate the proposed development.
470 m away229 CONSUMERS RDOfficial plan or zoning amendmentUnder Review
Official Plan Amendment seeks to re-designate the Subject Lands from General Employment Areas to Mixed Use Areas.
600 m away260 CONSUMERS RDOfficial plan or zoning amendmentUnder Review
Official Plan Amendment seeks to re-designate the Subject Lands from General Employment Areas to Mixed Use Areas.
650 m away1800 SHEPPARD AVE ESite planUnder Review
Site Plan Control Application proposes the development of a 48-storey mixed-use building providing residential and commercial use at grade. The building will provide a total of 584 residential units, being a mix of 1-bedroom, 2-bedroom, and 3-bedroom units. A paved access will be provided, leading to 2 levels of below-grade parking, providing a total of 79 parking spaces; as well as 202 bicycle parking spaces. The proposed development provides a total GFA of 38,736.20 square metres and a FSI of 6.4. Additionally, the proposed development provides 1,236.13 square metres of indoor amenity space and 948.04 square metres of outdoor amenity space.
740 m away2450 SHEPPARD AVE EOfficial plan or zoning amendmentUnder Review
OPA & Rezoning Application proposes the phased redevelopment of the subject site with five mixed-use and residential buildings ranging in height from 10 to 49 storey's. The proposed development will provide a total of 3,635 residential units and approximately 3,385.3 m² of ground-floor retail space within Buildings A, C, and D. The development includes 1,388 vehicular parking spaces, 2,750 bicycle parking spaces, and 11 loading spaces. A new public street connecting Sheppard Ave E and Victoria Park Ave, complete with sidewalks and dedicated cycling facilities, is also proposed, along with a new 0.26-hectare public park and enhanced pedestrian connections throughout the site. The proposed development provides a total gross floor area of 241,359.6 m², including 237,944.8 m² of residential GFA, resulting in an overall FSI of 7.50.
780 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $4,310
- Toronto municipal land transfer tax
- $4,310
- Total land transfer tax
- $8,620
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,310
- Total for first-time buyers
- $310
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $389,000
- $2,085
- Ontario total
- $4,310
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,310.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Permit history
13 building permits cleared at this address in the City’s file.
Building Permit Related(PS)Closed
Revision to plumbing - from a core/drill to a pump
Issued March 3, 2020
Other(BA)Permit Issued
Proposal to add retractable glazing to balcony.
Issued January 21, 2020
Interior AlterationsClosed
Proposal for interior alterations of an existing doctors clinic to a beauty spa and demised from existing retail store.
Issued November 7, 2019
Building Permit Related(PS)Closed
Plumbing - interior alterations to dental office
Issued November 7, 2019
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations of an existing doctors clinic to a beauty spa and demised from existing retail store.
Issued November 7, 2019
Interior AlterationsClosed
Interior alterations to dental office
Issued November 7, 2019
Building Permit Related(MS)Closed
HVAC - interior alterations to dental office
Issued November 7, 2019
Addition(s)Permit Issued
Add new glazing system to balcony unit 423.
Issued August 25, 2017
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Muirhead Public SchoolToronto DSB | Public · grades JK–5 | 400 m | 35%Grade 3 average |
| Forest Manor Public SchoolToronto DSB | Public · grades JK–5 | 750 m | 64%Grade 3 average |
| St Gerald Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1 km | 79%Grade 6 average |
| ÉÉC Sainte-MadeleineConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.8 km | 75%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| George S Henry AcademyToronto DSB | Public · grades 9–12 | 1.3 km | 25%Grade 9 math |
| Georges Vanier Secondary SchoolToronto DSB | Public · grades 9–12 | 1.5 km | 52%Grade 9 math |
| Senator O'Connor College SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 3.1 km | 64%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 3.8 km | 77%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Don Mills Station | TTC subway: Line 4 Sheppard | 850 m |
| Oriole GO | GO Transit train: Richmond Hill | 2.5 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 2.6 km |
| Bessarion Station | TTC subway: Line 4 Sheppard | 3.3 km |
| Old Cummer GO | GO Transit train: Richmond Hill | 3.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Zoning
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $77,800
- Total mortgage amount
- $311,200
- Total interest payment
- $221,300
- Total purchase cost
- $610,300
- Mortgage payment
- $1,775/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$2,524- Rent $2,150
- Shortfall $374
Rental income opens at $2,150, the median asking rent of 11 comparable homes for lease in Henry Farm. Type over it with the rent you expect. This is a planning tool, not advice.
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