1070 Sheppard Ave W #508, Toronto

Name: 1070 Sheppard Avenue W, Unit 508
SKU: W13823548
Price: 469000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 508 at 1070 Sheppard Avenue West

Welcome to Suite 508 at 1070 Sheppard Ave W, a bright, spacious and well-designed 1-bedroom plus den, 2-bathroom condo just steps from Sheppard West Station. The versatile den is ideal for a home office, study area, or additional living space, while two bathrooms provide added comfort and functionality. Enjoy abundant afternoon and evening sun, and clear views from the windows and balcony, with no neighbouring building directly facing your unit. The suite features several recent upgrades, including a Bosch 300 Series dishwasher with stainless steel interior installed in December 2025, an LG ultra-large capacity washer with steam technology, a replaced Whirlpool over-the-range microwave, and a high-performance dryer lint box retrofit completed in September 2025. Enjoy an excellent selection of building amenities, including an indoor pool, gym, sauna, sports simulator, media room, community barbecue area, and parkette. Residents also have access to a party room and guest suite available for rental. The well-managed and well-maintained building is backed by a healthy reserve fund, offering residents a comfortable condominium community with well-kept common areas and amenities. Location is a major highlight: Sheppard West Subway Station and Bus Terminal are less than one block away, offering quick and convenient TTC access throughout Toronto, including easy connections to York University, the University of Toronto, and the downtown core. Commuters also benefit from nearby Downsview Park GO Station, Allen Road, and Highway 401, with Pearson International Airport an easy drive away. Everyday shopping and entertainment are close at hand, with Costco, Yorkdale Shopping Centre, grocery stores, restaurants, cafés, and essential services all nearby. Spend weekends at Downsview Park, explore nearby recreation facilities and trails, or enjoy concerts and major events at Rogers Stadium. Families will appreciate proximity to neighbourhood schools, including William Lyon Mackenzie.

1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $670 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 1070 Sheppard Ave W #508

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

1070 Sheppard Ave W #508 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® W13823548−$20,000 (4.1%)$469,000
Sep 23, 2026For saleListedThis listingMLS® W13823548$489,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1070 Sheppard Ave W #508 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,096 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,085,641
Average days on market: 32
Homes sold: 9,173

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5167.7%On average, homes sold at or above asking.
Active listings12,304Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 18 – Aug 16, 2026: prices down.

Based on 9,173 sales from Aug 16 – Nov 14, 2026 (7,214 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 508 — 1070 Sheppard Avenue W 1 bd · 1 ba · 700 sqft	$469,000asking	$670	—	—
16 Bonnycastle Street 1 bd · 1 ba · 500 sqft
15 Vicora Linkway N/A 3 bd · 1 ba · 1,000 sqft
121 Mcmahon Drive 1 bd · 1 ba · 500 sqft
763 Bay Street 1 bd · 1 ba · 800 sqft
2191 Yonge Street 2 bd · 2 ba · 1,000 sqft
18 Hollywood Avenue 2 bd · 2 ba · 1,400 sqft

16 Bonnycastle Street
1 bd · 1 ba · 500 sqft
15 Vicora Linkway N/A
3 bd · 1 ba · 1,000 sqft
121 Mcmahon Drive
1 bd · 1 ba · 500 sqft
763 Bay Street
1 bd · 1 ba · 800 sqft
2191 Yonge Street
2 bd · 2 ba · 1,000 sqft
18 Hollywood Avenue
2 bd · 2 ba · 1,400 sqft

More in this building

4 for sale at 1070 Sheppard Ave W — plus its sale and lease history.

See all of 1070 Sheppard Ave W

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Sheppard West StationLine 1280 m3 min walk
Downsview Park StationLine 1, Barrie GO1.1 km14 min walk
Wilson StationLine 12.2 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Sheppard West Station (Line 1)3 min walk
Downsview Park Station (Line 1, Barrie GO)14 min walk
Wilson Station (Line 1)2.2 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Sheppard West Station
280 m3 minClosest· Line 1
Homes near Sheppard West Station
Downsview Park Station
1.1 km14 min· Line 1, Barrie GO
Homes near Downsview Park Station
Wilson Station
2.2 km· Line 1
Homes near Wilson Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 1070 Sheppard Ave W #508. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1070 Sheppard Ave W #508

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,304; 20% down · 25 years · 5.5% assumed
Property tax: $258; 0.66% mill rate · ON
Total per month: $2,562; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,304

/mo

based on the purchase price of $469,000

Down payment20%

$93,800 cash

Amortization25 yr

$375,200 financed

Rate5.50%

$316,017 total interest

Principal54%$375,200

Interest46%$316,017

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 1070 Sheppard Ave W #508

How much is 1070 Sheppard Ave W #508 listed for?

1070 Sheppard Ave W #508 is listed at $469,000 (MLS® W13823548). Summitly updates the price as soon as the MLS® record changes.

Is $469,000 a good price for 1070 Sheppard Ave W #508?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 1070 Sheppard Ave W #508 changed?

Yes — it was first listed at $489,000 and is now $469,000, a drop of $20,000 (4.1%).

How many bedrooms and bathrooms does 1070 Sheppard Ave W #508 have?

1070 Sheppard Ave W #508 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.

Is 1070 Sheppard Ave W #508 close to transit?

The nearest rapid-transit station is Sheppard West Station (Line 1), about 280 m (about a 3-minute walk) in a straight line. Downsview Park Station is about 1.1 km (about a 14-minute walk), and Wilson Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 1070 Sheppard Ave W #508?

About $2,304 a month — principal and interest on $469,000 with 20% down ($93,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 1070 Sheppard Ave W #508 compare with other homes in Toronto?

Its asking price of $469,000 is about 44% below the median sold price in Toronto over the last 90 days, $840,000, across 9,173 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 1070 Sheppard Ave W #508 been sold before?

Summitly has no earlier MLS® sale or lease of 1070 Sheppard Ave W #508 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 1070 Sheppard Ave W #508?

1070 Sheppard Ave W #508 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1070 Sheppard Ave W #508 been on the market?

52 days — 1070 Sheppard Ave W #508 was listed on September 23, 2026.

What is the price per square foot of 1070 Sheppard Ave W #508?

About $587 to $670 per square foot: the asking price of $469,000 over the 700–799 sq ft the listing gives as its size range.

Does 1070 Sheppard Ave W #508 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know