MLS® listing
1070 Sheppard Avenue W 508: condo for sale
$489,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Fan Coil |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $666 |
| Property tax | $2,731 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included |
| Building amenities | Gym, Guest Suites, Indoor Pool, Media Room, Party Room/Meeting Room, Sauna |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | None |
| Features | Park, Public Transit |
| Floor | 5 |
Listing courtesy of RED HOUSE REALTY. MLS® W13823548.
More about 1070 Sheppard Avenue W: every unit for sale in the building, fees and amenities
About this condo apartment
1070 Sheppard Avenue W 508 is a 2 bedroom condo apartment in TRREB's York University Heights community in North York, listed for sale at $489,000. The listing shows 2 bathrooms and 700-799 square feet. The unit faces south west. It comes with 1 parking space and a locker (owned) according to the listing. The nearest main intersection given is Sheppard Ave W and Allen Rd..
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: gym, guest suites, indoor pool, media room, party and meeting room and sauna.
What it costs to buy 1070 Sheppard Avenue W 508
At the asking price of $489,000, a buyer in the City of Toronto pays two land transfer taxes on closing. North York is inside the City, so both apply.
| Asking price | $489,000 |
|---|---|
| Ontario land transfer tax | $6,255 |
| Toronto municipal land transfer tax | $6,255 |
| Both taxes | $12,510 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $24,450 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $666 a month |
|---|---|
| Property tax (2026) | $2,731 a year, about $228 a month |
| Fee and tax together | about $893 a month |
The listing says the maintenance fee includes heat, water, upkeep of the common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Maintenance fees are set each year in the condo corporation's budget and can go up. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 46 condo apartment sales in district Toronto W05 in Q2 2026, at a median of $467,500 and an average of $467,695. This unit is listed at $489,000, which is $21,500 above that median. In August 2026 the district had 13 condo apartment sales at a median of $492,000.
A district median covers every size and age of unit, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our North York condo prices page has the figures for every district.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented, and get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and whether it calls for higher contributions.
- Get your financing in writing. A lender looks at the fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our guide to buying a condo in North York walks through each step.
About North York condos
North York is a former city inside the City of Toronto. Our guides cover twelve of its condo areas with TRREB prices, subway stations and housing figures.
North York condo neighbourhoods · North York condo prices · All North York condos for sale
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Questions about 1070 Sheppard Avenue W 508
How much is land transfer tax on 1070 Sheppard Avenue W 508?
At the asking price of $489,000 the Ontario tax is $6,255 and the Toronto tax is $6,255, $12,510 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1070 Sheppard Avenue W 508?
$24,450 at the asking price of $489,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1070 Sheppard Avenue W 508?
The listing shows $666 a month, including heat, water, upkeep of the common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 1070 Sheppard Avenue W 508?
The listing shows $2,731 a year for 2026, about $228 a month.
Is 1070 Sheppard Avenue W 508 priced above or below the area median?
It is listed at $489,000. The Q2 2026 median for condo apartments in TRREB district Toronto W05 was $467,500 across 46 sales, so the asking price is $21,500 higher. The median covers all unit sizes.
How do I book a showing for 1070 Sheppard Avenue W 508?
Use the button on this page or call us. Quote MLS® W13823548. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1070 Sheppard Avenue W 508 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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