871 Sheppard Avenue Unit 44, Toronto C06

Price: $499,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C12830388

Welcome to Greenwich Village, a modern cast-in-concrete community offering a rare opportunity to own a low-maintenance two-bedroom residence that stands apart from a typical condo by featuring a private rooftop terrace and two separate balconies totaling 251 sq.ft., delivering an exceptional indoor-outdoor lifestyle rarely available in this price range, complemented by approximately 1,060 sq.ft. of thoughtfully designed interior space with two bedrooms, two bathrooms including one powder room, a bright upper-level layout, and a skylight in the second bedroom that brings in abundant natural light and added architectural character, further enhanced by approximately $70,000 in premium builder upgrades including elegant oak stained stairs, an upgraded shower room, a high-end Bosch stainless steel appliance package, upgraded kitchen cabinetry, sleek quartz countertops with matching backsplash, and upgraded vinyl flooring throughout, all finished with 9-foot smooth ceilings and individually metered utilities for efficiency and cost control, while underground parking and a private locker are included for everyday convenience and strong long-term value, all ideally located just five-minute walk to Sheppard West Subway Station with bus access at your doorstep and easy access to Highway 401, making this a distinctive, move-in-ready opportunity in a highly desirable transit-oriented neighborhood.

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$499,000 - 871 Sheppard Avenue Unit 44, North York

Condo for Sale in North York

129 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C12830388
Property Type
Condo
Status
active
Days on Site
129
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
REMAX YC REALTY
Description

Welcome to Greenwich Village, a modern cast-in-concrete community offering a rare opportunity to own a low-maintenance two-bedroom residence that stands apart from a typical condo by featuring a private rooftop terrace and two separate balconies totaling 251 sq.ft., delivering an exceptional indoor-outdoor lifestyle rarely available in this price range, complemented by approximately 1,060 sq.ft. of thoughtfully designed interior space with two bedrooms, two bathrooms including one powder room, a bright upper-level layout, and a skylight in the second bedroom that brings in abundant natural light and added architectural character, further enhanced by approximately $70,000 in premium builder upgrades including elegant oak stained stairs, an upgraded shower room, a high-end Bosch stainless steel appliance package, upgraded kitchen cabinetry, sleek quartz countertops with matching backsplash, and upgraded vinyl flooring throughout, all finished with 9-foot smooth ceilings and individually metered utilities for efficiency and cost control, while underground parking and a private locker are included for everyday convenience and strong long-term value, all ideally located just five-minute walk to Sheppard West Subway Station with bus access at your doorstep and easy access to Highway 401, making this a distinctive, move-in-ready opportunity in a highly desirable transit-oriented neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: North York (Bathurst Manor / Clanton Park)

Discover North York (Bathurst Manor / Clanton Park)

North York (Bathurst Manor / 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 North York (Bathurst Manor / 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

North York (Bathurst Manor / 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

871 Sheppard Avenue Unit 44, North York (Bathurst Manor / Clanton Park)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,253

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 $499/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 129 days on site, this property has exceeded the typical selling timeline for North York. 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.

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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    871 Sheppard Avenue Unit 44 | $499,000 | Battaglia Team