$848,000 - 621 Sheppard Avenue Unit TPH08, Bayview Village
Condo for Sale in Bayview Village
Neighbourhood: Bayview Village
- MLS Number
- C13434108
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Hillcrest Village / Bayview Village
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL HERITAGE REALTY LTD.
Penthouse Living in the Heart of Bayview Village!Rarely offered penthouse suite at TPH08 - 621 Sheppard Ave E. This bright and spacious 2-bedroom, 2-bathroom condo offers approximately 910 sq. ft. of thoughtfully designed living space, featuring soaring ceilings, an open-concept layout, and breathtaking views from one of the building's most desirable levels. The modern kitchen flows seamlessly into the living and dining areas, creating the perfect space for entertaining or relaxing at home.Enjoy a functional split-bedroom layout for added privacy, a spacious primary suite with ensuite bath, generous room sizes throughout, and the convenience of 1 underground parking space and 1 locker. Nestled in the prestigious Bayview Village neighbourhood, this location offers the perfect blend of urban convenience and upscale community living. Just steps to Bayview Village Shopping Centre, home to luxury boutiques, fine dining, cafés, grocery stores, and everyday essentials. Commuters will appreciate easy access to Bayview and Bessarion Subway Stations, TTC transit, Highway 401, Highway 404, and the DVP, making travel across the GTA effortless.Surrounded by top-rated schools, parks, walking trails, community centres, and some of North York's most desirable residential streets, Bayview Village continues to be one of Toronto's most sought-after neighbourhoods for professionals, families, and investors alike.A rare opportunity to own a penthouse suite in an exceptional location where luxury, convenience, and lifestyle come together.
Estimate your monthly payments for this property
Estimated Payment
$4,350.68/mo
Includes CMHC insurance ($23,659)
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 Bayview 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 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
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
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.
621 Sheppard Avenue Unit TPH08, Hillcrest Village / Bayview Village
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Rental income estimator & ROI calculator
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
Fair Market Value
At $942/sqft, this property is priced in line with current Bayview Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
About Bayview Village
I know Bayview Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Bayview Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.