3220 Sheppard Avenue E 701, Toronto E05

$595,000
3220 Sheppard Avenue E 701

$595,000

New
17d
Condo ApartmentApartment

3220 Sheppard Avenue E 701, Toronto E05

Total Monthly Obligation $3,380

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
17d
Score
18
Yield
5.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-E13869916
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,363.32 (2026)
Maintenance-$583.09/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-TBA
Neighbourhood-Tam O'Shanter-Sullivan
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious corner suite, where thoughtful design, generous proportions, and everyday convenience come together beautifully. Boasting 9-foot ceilings, 872 sq. ft. of interior living space, and an additional 61 sq. ft. private balcony, this well-appointed 2-bedroom, 2-bathroom residence offers an inviting space to live, relax, and entertain.The suite includes one parking space and a locker, while an impressive selection of building amenities elevates the lifestyle even further. Enjoy the convenience of a guest suite, entertainment lounge, party/recreation room complete with kitchen, children's play area, rooftop patio, and exercise room-all designed to complement a vibrant and connected community. Ample visitor parking adds an extra layer of convenience for family and guests.With a 24-hour TTC bus route right at your doorstep, getting around the city is effortless. You're also just minutes from Don Mills Subway Station, Fairview Mall, and major highways including the 401, 404, and Don Valley Parkway. And when it's time to head downtown, the city centre is easily within reach.Spacious, well-connected, and exceptionally convenient, this is an opportunity to enjoy comfortable city living in a location that truly puts everything at your fingertips.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,380/mo
Mortgage $2,400
Monthly Loss $2,749
Principal$632
Interest$1,768
Property Tax$197
Condo Fees$583
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,996/yr
NOI
$16,136/yr
Net Cash Flow
-$1,055/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3220 Sheppard Avenue E 701

Time

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