MLS® listing
181 Sheppard Avenue E 803: condo apartment for sale
$998,000
From the listing brokerage
Welcome to this exceptional 2-bedroom, 2-bathroom residence offering approximately 980 sq. ft. of thoughtfully designed living space in the heart of North York. Featuring a highly desirable split-bedroom layout, this bright and modern suite boasts spacious principal rooms, | contemporary finishes, and an abundance of natural light throughout. The true highlight of this home is the spectacular private terrace of approximately 350 sq. ft. - a rare outdoor retreat perfect for entertaining, outdoor dining, relaxing, or creating your own urban oasis. Seamlessly extending your living space outdoors, this oversized terrace offers endless possibilities for enjoying the best of city living. Located in a boutique luxury condominium at Yonge & Sheppard, residents enjoy easy access to transit, shopping, dining, parks, major highways, and all the conveniences of ome of Toronto's most sought-after neighbourhoods. An outstanding opportunity for end-users and investors alike. A must-see property that perfectly combines indoor comfort with exceptional outdoor living.
Facts on the listing
| Square feet | 900-999 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $700 |
| Property tax | $5,460 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | CAC Included, Common Elements Included, Building Insurance Included, Parking Included |
| Balcony | Terrace |
| Laundry | Ensuite |
| Parking | None |
| Interior features | Carpet Free |
| Floor | 8 |
Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS® C13448256.
About this condo apartment
181 Sheppard Avenue E 803 is a 2 bedroom condo apartment in TRREB's Willowdale East community in Toronto, listed for sale at $998,000. The listing shows 2 bathrooms and 900-999 square feet. The style is given as apartment. The unit faces south. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Willowdale and Sheppard.
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.
What it costs to buy 181 Sheppard Avenue E 803
At the asking price of $998,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $998,000 |
|---|---|
| Ontario land transfer tax | $16,435 |
| Toronto municipal land transfer tax | $16,435 |
| Both taxes | $32,870 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $74,800 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $700 a month |
|---|---|
| Property tax (2026) | $5,460 a year, about $455 a month |
| Fee and tax together | about $1,155 a month |
The listing says the maintenance fee includes cac, common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $998,000, which is $448,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
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. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Willowdale
Willowdale runs along Yonge Street with three Line 1 stations, apartment towers near the subway and detached houses further out. TRREB splits it into Willowdale East and Willowdale West.
Transit: Finch, North York Centre and Sheppard-Yonge stations (Line 1), Line 4 at Sheppard-Yonge, 97 Yonge, 36 Finch West, 84 Sheppard West and 98 Willowdale-Senlac buses, GO buses at Finch terminal, Old Cummer GO on Leslie Street
| Property type | Median | Sales and average |
|---|---|---|
| Willowdale East, all property types | $630,000 | 214 sales, average $953,036 |
| Willowdale East, detached | About $2,400,000 | 33 sales, average about $2,534,000 |
| Willowdale East, freehold townhouse (TRREB att/row/townhouse) | About $1,463,000 | 6 sales, average about $1,400,000 |
| Willowdale East, condo townhouse | About $1,025,000 | 22 sales, average about $895,000 |
| Willowdale East, condo apartment | About $570,000 | 153 sales, average about $603,000 |
| Willowdale West, all property types | $764,000 | 60 sales, average $1,087,371 |
| Willowdale West, detached | About $1,386,000 | 22 sales, average about $1,799,000 |
| Willowdale West, condo apartment | About $628,000 | 35 sales, average about $657,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Willowdale
Is Willowdale a good neighbourhood if you commute by subway?
It has three Line 1 stations along Yonge Street: Finch, North York Centre and Sheppard-Yonge, where Line 4 also stops. From Finch station, Union station is 16 stops on Line 1.
What is the difference between Willowdale East and Willowdale West?
They are separate TRREB communities. From April to June 2026 Willowdale East had 214 sales at a median of $630,000 and Willowdale West had 60 sales at a median of $764,000, all property types.
What do detached houses cost in Willowdale?
From April to June 2026 TRREB recorded a detached median of about $2,400,000 across 33 sales in Willowdale East and about $1,386,000 across 22 sales in Willowdale West. The West average of about $1,799,000 is well above its median, so individual sales vary widely.
Where is the main library in Willowdale?
The Toronto Public Library North York Central Library is at 5120 Yonge Street, beside the North York Civic Centre and close to North York Centre station.
Is there a GO station in Willowdale?
Finch station has a GO and York Region bus terminal and Old Cummer GO station is at 5760 Leslie Street to the east.
Read the Willowdale neighbourhood guide · All Willowdale homes for sale
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Questions about 181 Sheppard Avenue E 803
How much is land transfer tax on 181 Sheppard Avenue E 803?
At the asking price of $998,000 the Ontario tax is $16,435 and the Toronto tax is $16,435, $32,870 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 181 Sheppard Avenue E 803?
$74,800 at the asking price of $998,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 181 Sheppard Avenue E 803?
The listing shows $700 a month, including cac, common elements, building insurance and parking. Check the current fee in the status certificate.
How much is the property tax on 181 Sheppard Avenue E 803?
The listing shows $5,460 a year for 2026, about $455 a month.
Is 181 Sheppard Avenue E 803 priced above or below the median?
It is listed at $998,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $448,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 181 Sheppard Avenue E 803?
Use the form on this page or call us. Quote MLS® C13448256. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 181 Sheppard Avenue E 803 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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