5 Old Sheppard Avenue Unit 808, Toronto C15

Price: $420,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C12729998

Location! Location! Location! Steps to the subway and Fairview Mall with easy access to Downtown Toronto! Welcome to one of the best condos in the area-this fully renovated, oversized end unit offers 2 spacious bedrooms, 2 washrooms, and a bright open-concept floor plan.Over $100,000 spent on upgrades, featuring hardwood flooring, a modern kitchen with a south-facing breakfast nook, upgraded bathrooms, lighting, and high-end finishes throughout. The principal bedroom includes a private 2-piece ensuite, while the gorgeous enclosed balcony (105 sq ft) boasts unobstructed South/West/North views, bringing total living space to 1,055 sq ft.Residents enjoy direct access to a state-of-the-art recreation centre with resort-style amenities: Concierge, Exercise Room, Gym, Indoor Pool, Visitor Parking, Tennis Court, Basketball Court, and Squash Court. Perfect for commuters-just steps to Sheppard TTC/Subway Line and minutes to Hwy 404, 401, and DVP.? 950 sq ft + 105 sq t enclosed balcony = 1,055 total sq ft? A turn-key

5 Old Sheppard Avenue Unit 808 - Condo photo 1 of 29 in Hillcrest Village / Bayview Village, Ontario
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$420,000 - 5 Old Sheppard Avenue Unit 808, Bayview Village

Condo for Sale in Bayview Village

160 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C12729998
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Hillcrest Village / Bayview Village
Locker
Common
Exposure
South West
Balcony
Enclosed
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Location! Location! Location! Steps to the subway and Fairview Mall with easy access to Downtown Toronto! Welcome to one of the best condos in the area-this fully renovated, oversized end unit offers 2 spacious bedrooms, 2 washrooms, and a bright open-concept floor plan.Over $100,000 spent on upgrades, featuring hardwood flooring, a modern kitchen with a south-facing breakfast nook, upgraded bathrooms, lighting, and high-end finishes throughout. The principal bedroom includes a private 2-piece ensuite, while the gorgeous enclosed balcony (105 sq ft) boasts unobstructed South/West/North views, bringing total living space to 1,055 sq ft.Residents enjoy direct access to a state-of-the-art recreation centre with resort-style amenities: Concierge, Exercise Room, Gym, Indoor Pool, Visitor Parking, Tennis Court, Basketball Court, and Squash Court. Perfect for commuters-just steps to Sheppard TTC/Subway Line and minutes to Hwy 404, 401, and DVP.? 950 sq ft + 105 sq t enclosed balcony = 1,055 total sq ft? A turn-key

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,154.82/mo

Includes CMHC insurance ($11,718)

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5-yr fixed avg.

Principal: $378,000Interest: $256,727
Mortgage Amount$389,718
Total Interest$256,727
Est. Property Tax$298/mo
Total Cost$646,445

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: Hillcrest Village / Bayview Village

Discover Hillcrest Village / Bayview Village

Hillcrest Village / Bayview Village 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 Hillcrest Village / Bayview Village

  • Convenient location in Hillcrest Village / Bayview Village
  • 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

Hillcrest Village / Bayview Village 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

5 Old Sheppard Avenue Unit 808, Hillcrest Village / Bayview Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$298
Insurance (est.)-$88
Net Cash Flow+$1,309

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 $467/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 160 days on site, this property has exceeded the typical selling timeline for Bayview Village. 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 900 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.

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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    5 Old Sheppard Avenue Unit 808 | $420,000 | Battaglia Team