3220 Sheppard Avenue E 1702, Toronto E05

$598,800
3220 Sheppard Avenue E 1702

$598,800

New
8d
Condo ApartmentApartment

3220 Sheppard Avenue E 1702, Toronto E05

Total Monthly Obligation $3,414

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
18
Yield
5.3%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-E14081338
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,585.83 (2026)
Maintenance-$583.09/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60 Days/TBA
Neighbourhood-Tam O'Shanter-Sullivan
Title-Residential Condo & Other

No agent assigned

Welcome to the lower penthouse suite at East 3220 condos. Freshly painted, sun-filled corner unit with panoramic, unobstructed northwest views and one of the building's most practical, in-demand floor plans. Soaring 9-foot ceilings and an upgraded kitchen featuring stone counters and contemporary subway tile backsplash. Two spacious bedrooms with abundant natural light, large windows and ample closet space. Very low maintenance fees in this well managed building! Full suite of amenities for you to enjoy - Exercise Room, Party Room, Theatre, Concierge, Games Room, Kids Playroom, Guest Suite, and Rooftop Terrace! Great connectivity with 24hr transit at your doorstep. Minutes to Fairview Mall, Don Mills Subway Station, HWYs 401 and 404.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,040
Land Transfer Taxes$8,451
Legal Fees (Est.)
$
Total cash required for closing$129,711

Total Monthly Obligation

$3,414/mo
Mortgage $2,415
Monthly Loss $2,778
Principal$636
Interest$1,780
Property Tax$215
Condo Fees$583
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.2%24
10-Year IRR
9.3%
Returns Index
13.3/ 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
$31,776/yr
NOI
$16,615/yr
Net Cash Flow
-$1,031/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.6/ 100

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

Comparables

Properties near 3220 Sheppard Avenue E 1702

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.