741 Sheppard Avenue Unit 502, Toronto C06

Price: $639,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13642750

Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space plus a 90 sq. ft. private south-facing balcony. Featuring 9-foot ceilings and expansive floor-to-ceiling windows, this bright and airy suite is filled with natural light and showcases a desirable split-bedroom layout, contemporary finishes, and seamless open-concept living and dining-perfect for both everyday living and effortless entertaining. Complete with 1 underground parking space and 1 locker, residents enjoy an exceptional collection of boutique amenities including a fully equipped fitness centre, sauna, elegant party room, bike storage, and a spectacular rooftop terrace with panoramic city views. Ideally located in Toronto's sought-after Clanton Park neighbourhood, just steps to Sheppard West Subway Station and minutes to Highway 401, Yorkdale Shopping Centre, Downsview Park, restaurants, cafés, and everyday conveniences, this turnkey residence offers the perfect blend of luxury, comfort, and urban connectivity.

741 Sheppard Avenue Unit 502 - Condo photo 1 of 28 in North York (Bathurst Manor / Clanton Park), Ontario
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$639,000 - 741 Sheppard Avenue Unit 502, North York

Condo for Sale in North York

Neighbourhood: Clanton Park

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C13642750
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
SUTTON GROUP REALTY SYSTEMS INC.
Description

Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space plus a 90 sq. ft. private south-facing balcony. Featuring 9-foot ceilings and expansive floor-to-ceiling windows, this bright and airy suite is filled with natural light and showcases a desirable split-bedroom layout, contemporary finishes, and seamless open-concept living and dining-perfect for both everyday living and effortless entertaining. Complete with 1 underground parking space and 1 locker, residents enjoy an exceptional collection of boutique amenities including a fully equipped fitness centre, sauna, elegant party room, bike storage, and a spectacular rooftop terrace with panoramic city views. Ideally located in Toronto's sought-after Clanton Park neighbourhood, just steps to Sheppard West Subway Station and minutes to Highway 401, Yorkdale Shopping Centre, Downsview Park, restaurants, cafés, and everyday conveniences, this turnkey residence offers the perfect blend of luxury, comfort, and urban connectivity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,278.40/mo

Includes CMHC insurance ($17,828)

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5-yr fixed avg.

Principal: $575,100Interest: $390,592
Mortgage Amount$592,928
Total Interest$390,592
Est. Property Tax$453/mo
Total Cost$983,520

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: Clanton Park

Discover Clanton Park

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 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

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

741 Sheppard Avenue Unit 502, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$1,159

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

Fair Market Value

At $913/sqft, this property is priced in line with current North York 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 18 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 700 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 Clanton Park

I know Clanton Park 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: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    741 Sheppard Avenue Unit 502 | $639,000 | Battaglia Team