Freshly renovated 2-bedroom condo offering 950 square feet of legal sq footage in Toronto's desirable Pleasant View neighbourhood. It features a bright south-west exposure, a gate-secured community, and a highly competitive, all-inclusive maintenance structure that covers dual cable outlet and all utilities (heat, hydro, and water).Recent Renovations: The unit has been updated throughout with a refreshed kitchen and bathrooms, newer flooring, newer sinks and faucets, updated vanities, and a fresh coat of paint.Layout & Comfort: Spans over 950 sq. ft. featuring large bedrooms, in-suite laundry, and a generous private balcony with bright south-western views.Parking : Comes with 1 dedicated underground parking space - additional outdoor second parking available for a small fee from condo management. Amenities: Located in a well-maintained gated community with premium facilities including a 7 days access convenience store in the lobby, an indoor pool, sauna, fitness centre, basketball, squash, and tennis courts, billiards, table tennis, a party room, and a BBQ area.Location/Commuting Convenience : Situated just on the border of the Pleasant View and Don Valley Village area, this location is an exceptional hub for drivers and transit riders alike. Transit Access At Door Step, Within walking distance to the TTC Subway (Don Mills Station, Line 4) and major bus routes.Highway Connectivity: Minutes away from major arteries including Highway 404, 401, and the 407 ETR for quick travel across the Greater Toronto Area (GTA).Shopping & Lifestyle: Close proximity to premium retail hubs like Fairview Mall and the Shops at Don Mills, as well as local schools, parks, and restaurants.
2 bedrooms, 1 bathroom, about 900 sq ft, works out to roughly $466 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Old Sheppard Ave #508
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 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
5 Old Sheppard Ave #508 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13758226$419,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Old Sheppard Ave #508 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,058
/mo
based on the purchase price of $419,000
$83,800 cash
$335,200 financed
$282,326 total interest
Principal54%$335,200
Interest46%$282,326
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $419K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4908.8%On average, homes sold at or above asking.
Active listings12,724Homes for sale here right now.
Median vs prior 90 days+0.1%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 9,667 sales from Jul 28 – Oct 26, 2026 (6,902 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 5 Old Sheppard Ave — plus its sale and lease history.
5 Old Sheppard Ave #508 is listed at $419,000 (MLS® C13758226). Summitly updates the price as soon as the MLS® record changes.
Is $419,000 a good price for 5 Old Sheppard Ave #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 5 Old Sheppard Ave #508 changed?
No — 5 Old Sheppard Ave #508 is still listed at its original asking price of $419,000.
How many bedrooms and bathrooms does 5 Old Sheppard Ave #508 have?
5 Old Sheppard Ave #508 has 2 bedrooms and 1 bathroom, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 5 Old Sheppard Ave #508 close to transit?
The nearest rapid-transit station is Don Mills Station (Line 4), about 770 m (about a 10-minute walk) in a straight line. Leslie Station is about 2.4 km, and Oriole GO Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Old Sheppard Ave #508?
About $2,058 a month — principal and interest on $419,000 with 20% down ($83,800), 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 5 Old Sheppard Ave #508 compare with other homes in Toronto?
Its asking price of $419,000 is about 50% below the median sold price in Toronto over the last 90 days, $840,000, across 9,667 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 5 Old Sheppard Ave #508 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Old Sheppard Ave #508 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Old Sheppard Ave #508?
5 Old Sheppard Ave #508 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Old Sheppard Ave #508 been on the market?
47 days — 5 Old Sheppard Ave #508 was listed on September 9, 2026.
What is the price per square foot of 5 Old Sheppard Ave #508?
About $419 to $466 per square foot: the asking price of $419,000 over the 900–999 sq ft the listing gives as its size range.
Does 5 Old Sheppard Ave #508 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.