23 Sheppard Avenue E 904, Toronto C14

$629,900
23 Sheppard Avenue E 904

$629,900

New
16d
Condo ApartmentApartment

23 Sheppard Avenue E 904, Toronto C14

Total Monthly Obligation $3,777

Beds
2
Baths
2
Park
0
Sqft
800-899
DOM
16d
Score
18
Yield
5.7%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-C13870200
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,345.48 (2026)
Maintenance-$757.18/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible as current tenant will be vacating
Neighbourhood-Willowdale East
Title-Residential Condo & Other

No agent assigned

Exceptional Value at Yonge & Sheppard! Welcome to Suite 904 at 23 Sheppard Ave E - a spacious 810 sq. ft. corner suite offering 2 bedrooms plus a study, 2 bathrooms, a highly desirable split-bedroom layout and a locker in one of North York's most convenient locations.Bright North East exposures fill the suite with natural light, while the corner-unit setting provides added privacy. The smart split-bedroom floor plan separates the bedrooms for maximum privacy and flexibility - ideal for couples, roommates, a home office or overnight guests. Step outside onto your private balcony and enjoy an additional 40sqft of outdoor living space.Leave the car behind! Sheppard-Yonge Subway Station is just steps away, providing access to both Line 1 and Line 4. Walk to Yonge Sheppard Centre, restaurants, cafés, groceries, shopping, fitness, parks, banks and everyday essentials, with Hwy 401 just minutes away.With 810 sq. ft. of living space, two full bathrooms, a corner exposure and an unbeatable transit-connected location, this is a fantastic opportunity for first-time buyers, professionals, downsizers or investors looking for space and convenience in the heart of North York. Currently rented for $3,050/mth but unit can be vacant upon closing.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,777/mo
Mortgage $2,541
Monthly Loss $3,108
Principal$669
Interest$1,872
Property Tax$279
Condo Fees$757
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,964/yr
NOI
$17,536/yr
Net Cash Flow
-$1,080/mo
Cash Margin
-36.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 23 Sheppard Avenue E 904

Time

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