741 Sheppard Ave W #502 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $599,900. It has 700-799 sq ft of living space.
1Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space plus a 90 sq. ft. private south-facing balcony.
Welcome to the Celine at Diva Condos, a sophisticated 2-bedroom, 2-bathroom residence offering approximately 750 sq. ft. of beautifully designed interior living space plus a 90 sq. ft. private south-facing balcony. Featuring 9-foot ceilings and expansive floor-to-ceiling windows, this bright and airy suite is filled with natural light and showcases a desirable split-bedroom layout, contemporary finishes, and seamless open-concept living and dining-perfect for both everyday living and effortless entertaining. Complete with 1 underground parking space and 1 locker, residents enjoy an exceptional collection of boutique amenities including a fully equipped fitness centre, sauna, elegant party room, bike storage, and a spectacular rooftop terrace with panoramic city views. Ideally located in Toronto's sought-after Clanton Park neighbourhood, just steps to Sheppard West Subway Station and minutes to Highway 401, Yorkdale Shopping Centre, Downsview Park, restaurants, cafés, and everyday conveniences, this turnkey residence offers the perfect blend of luxury, comfort, and urban connectivity.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $857 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 741 Sheppard Ave W #502
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
741 Sheppard Ave W #502 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,947
/mo
based on the purchase price of $599,900
$119,980 cash
$479,920 financed
$404,219 total interest
Principal54%$479,920
Interest46%$404,219
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 1–2 bed homes for sale in Toronto around $600K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5101.9%On average, homes sold at or above asking.
Active listings12,664Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 5 – Aug 3, 2026: prices up.
Based on 9,294 sales from Aug 3 – Nov 1, 2026 (6,924 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 rent at 741 Sheppard Ave W — plus its sale and lease history.
741 Sheppard Ave W #502 is listed at $599,900 (MLS® C13642750). Summitly updates the price as soon as the MLS® record changes.
Is $599,900 a good price for 741 Sheppard Ave W #502?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 741 Sheppard Ave W #502 changed?
Yes — it was first listed at $639,000 and is now $599,900, a drop of $39,100 (6.1%).
How many bedrooms and bathrooms does 741 Sheppard Ave W #502 have?
741 Sheppard Ave W #502 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 741 Sheppard Ave W #502?
About $2,947 a month — principal and interest on $599,900 with 20% down ($119,980), 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 741 Sheppard Ave W #502 compare with other homes in Toronto?
Its asking price of $599,900 is about 29% below the median sold price in Toronto over the last 90 days, $845,000, across 9,294 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 741 Sheppard Ave W #502 been sold before?
Summitly has no earlier MLS® sale or lease of 741 Sheppard Ave W #502 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 741 Sheppard Ave W #502?
741 Sheppard Ave W #502 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 741 Sheppard Ave W #502 been on the market?
88 days — 741 Sheppard Ave W #502 was listed on August 5, 2026.
What is the price per square foot of 741 Sheppard Ave W #502?
About $751 to $857 per square foot: the asking price of $599,900 over the 700–799 sq ft the listing gives as its size range.
Does 741 Sheppard Ave W #502 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 741 Sheppard Ave W #502 have a basement, and is it finished?
The listing says 741 Sheppard Ave W #502 has no basement.
