872 Sheppard Avenue Unit 306, Toronto C06

Price: $625,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13479188

A Home fit for Royalty, Welcome to the *Plaza Royale* A Spacious & Stylish Corner Suite Offering Nearly 950 Sq. Ft. Plus a Private Balcony! This beautifully updated 2-bedroom, 2-bathroom condo is move-in ready and filled with natural light from its desirable south-east exposure. The open-concept layout features a modern kitchen with granite countertops, stainless steel appliances, and a large breakfast bar overlooking the living and dining areas. Enjoy laminate flooring throughout, large closets and storage, and two full bathrooms. A rare bonus in condo living, this unit includes *2 parking spaces* (one outdoor/surface spot and one underground spot) and a locker conveniently located on the same floor as the suite. Just a 5-minute walk to Sheppard West Subway Station and surrounded by an incredible selection of restaurants, cafés, and takeout options, you'll love the unbeatable convenience and food scene right at your doorstep.

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$625,000 - 872 Sheppard Avenue Unit 306, North York

Condo for Sale in North York

Popular Listing

Neighbourhood: Bathurst Manor

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
C13479188
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

A Home fit for Royalty, Welcome to the *Plaza Royale* A Spacious & Stylish Corner Suite Offering Nearly 950 Sq. Ft. Plus a Private Balcony! This beautifully updated 2-bedroom, 2-bathroom condo is move-in ready and filled with natural light from its desirable south-east exposure. The open-concept layout features a modern kitchen with granite countertops, stainless steel appliances, and a large breakfast bar overlooking the living and dining areas. Enjoy laminate flooring throughout, large closets and storage, and two full bathrooms. A rare bonus in condo living, this unit includes *2 parking spaces* (one outdoor/surface spot and one underground spot) and a locker conveniently located on the same floor as the suite. Just a 5-minute walk to Sheppard West Subway Station and surrounded by an incredible selection of restaurants, cafés, and takeout options, you'll love the unbeatable convenience and food scene right at your doorstep.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.57/mo

Includes CMHC insurance ($17,438)

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5%10%50%

5-yr fixed avg.

Principal: $562,500Interest: $382,035
Mortgage Amount$579,938
Total Interest$382,035
Est. Property Tax$443/mo
Total Cost$961,972

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.

Ready to get pre-approved?

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Neighbourhood Guide: Bathurst Manor

Discover Bathurst Manor

Bathurst Manor 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 Bathurst Manor

  • 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

Bathurst Manor 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

872 Sheppard Avenue Unit 306, North York (Bathurst Manor / Clanton Park)

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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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$1,122

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 $694/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.

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 Bathurst Manor

I know Bathurst Manor 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 $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    872 Sheppard Avenue Unit 306 | $625,000 | Battaglia Team