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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Connect Asset Management. All rights reserved.

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Home/181 East Condos/The Elmwood

The Elmwood

Available4 rental

$872,990

$1,401/sq ft · Resale avg $993/sqft

1 Bed + Den·1.0 Bath·623 sq ft·North·$1,401/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

623 sq ft

Exposure

North

1 / 3Next: The Empress
The Elmwood Floor Plan at 181 East Condos - 623 sq.ft
Click to enlarge

Floor Range: 2 | Unit Number: 01, 31

Floor Range: 3 | Unit Number: 01, 33

Floor Range: 6 | Unit Number: 01, 25

Floor Range: 7 | Unit Number: 01, 18

Price History

$792K$812K$832K$853K$873KJul 20Sep 21Sep 24

Launch Price

$791,900

$1,271/sq ft

Jul 22, 2020

Current Price

$872,990

$1,401/sq ft

▲$81,090 (+10.2%)

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
181 Sheppard Avenue E, Unit 223For SaleStrong Match

$390,000

181 Sheppard Avenue E, Unit 223

1 Bed1 Bath600-699 sqft
<0.1 km·9d on mkt
181 Sheppard Avenue E, Unit 529For SaleGood Match

$779,990

181 Sheppard Avenue E, Unit 529

1 Bed1 Bath500-599 sqft
<0.1 km·16d on mkt
120 Harrison Garden Boulevard, Unit 906For SaleGood Match

$649,000

120 Harrison Garden Boulevard, Unit 906

2 Bed2 Bath700-799 sqft
0.7 km·Built 2018·20d on mkt
120 Harrison Garden Boulevard, Unit 1125For SaleGood Match

$698,000

120 Harrison Garden Boulevard, Unit 1125

1 Bed1 Bath600-699 sqft
0.6 km·Built 2018·39d on mkt
120 Harrison Garden Boulevard, Unit 619For SaleGood Match

$649,900

120 Harrison Garden Boulevard, Unit 619

1 Bed1 Bath600-699 sqft
0.7 km·26d on mkt
120 Harrison Garden Boulevard, Unit 109For SaleGood Match

$625,000

120 Harrison Garden Boulevard, Unit 109

1 Bed + Den1 Bath700-799 sqft
0.7 km·28d on mkt
For Rent6 listings
181 Sheppard Avenue E, Unit 512For LeaseStrong Match

$2,475/mo

181 Sheppard Avenue E, Unit 512

1 Bed + Den1 Bath600-699 sqft
<0.1 km·5d on mkt
181 Sheppard Avenue E, Unit 515For LeaseStrong Match

$2,250/mo

181 Sheppard Avenue E, Unit 515

1 Bed + Den1 Bath600-699 sqft
<0.1 km·12d on mkt
181 Sheppard Avenue E, Unit 304For LeaseStrong Match

$2,200/mo

181 Sheppard Avenue E, Unit 304

1 Bed + Den1 Bath600-699 sqft
<0.1 km·12d on mkt
181 Sheppard Avenue E, Unit 415For LeaseStrong Match

$2,250/mo

181 Sheppard Avenue E, Unit 415

1 Bed + Den1 Bath600-699 sqft
<0.1 km·5d on mkt
181 Sheppard Avenue E, Unit 315For LeaseStrong Match

$2,250/mo

181 Sheppard Avenue E, Unit 315

1 Bed + Den1 Bath600-699 sqft
<0.1 km·13d on mkt
181 Sheppard Avenue E, Unit 511For LeaseStrong Match

$2,300/mo

181 Sheppard Avenue E, Unit 511

1 Bed + Den1 Bath600-699 sqft
<0.1 km·5d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $872,990

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 180 days 2.5% - 420 days 2.5% - 540 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$38,650$43,650May 19, 2026
2.5% - 120 days2.5%$21,825$65,474Aug 17, 2026
2.5% - 180 days2.5%$21,825$87,299Oct 16, 2026
2.5% - 420 days2.5%$21,825$109,124Jun 13, 2027
2.5% - 540 days2.5%$21,825$130,949Oct 11, 2027
5% - Occupancy5%$43,650$174,598At Occupancy
Total Deposit20.0%$174,598

623 sq ft × $0.60/sq ft = $374/mo

Add-ons

Monthly Mortgage (P&I)$3,702
Property Tax (est.)$473
Maintenance Fees$374
Total Monthly Cost$4,549
Est. Rental IncomeBeta−$2,475
Net Monthly Cost−$2,074

Down payment: $174,598 (20%) · Mortgage: $698,392

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Est. Rent (4)$2,475/mo
Est. Gross Yield3.4%

Active MLS Listings — Same Unit Type

181 Sheppard Avenue E, Unit 333Lease

$2,300/mo

181 Sheppard Avenue E, Unit 333

1 Bed + Den48d on mkt
181 Sheppard Avenue E, Unit 718Lease

$2,400/mo

181 Sheppard Avenue E, Unit 718

1 Bed + Den50d on mkt
181 Sheppard Avenue E, Unit 718Lease

$2,450/mo

181 Sheppard Avenue E, Unit 718

1 Bed + Den22d on mkt
181 Sheppard Avenue E, Unit 701Lease

$2,700/mo

181 Sheppard Avenue E, Unit 701

1 Bed + Den33d on mkt

Building Market

For Sale
$993/sqft
2on MLS
13 avg DOM
$390K–$780K
Developer
$1,338/sqft
8available
$873K–$1.5M
For Rent
$3.88/sqft
96on MLS
29 avg DOM
$37–$4K

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