72 days on Market

5580 Sheppard Ave #1004, Toronto, Ontario M1B 2L3

In the same building:
-
Condo
2
1
~800-899 sqft
$425,000
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Condo
2
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$502/sqft

Est. Mortgage$1,825/mo

Maintenance fees$598/mo

Tax Amount (2024)$980/yr

Days On Market72 days


Description

Prime Location Meets Spacious Living! This sun-filled "corner unit" offers an abundance of space and modern upgrades, perfect for both first-time buyers and savvy investors! Featuring a newer kitchen, stylish laminate and ceramic flooring, and a convenient storage room with built-in shelving, this home combines comfort and functionality. You'll love the large bedrooms with oversized closets and a bright, open-concept living/dining area, ideal for entertaining. Located in a well-managed building just minutes from shopping, schools, parks, colleges, places of worship, TTC, Hwy 401, and more! This is a fantastic opportunity to live in a thriving community with everything you need right at your doorstep!


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE9395403
Community NameMalvern
Data SourceTRREB
Listing byCENTURY 21 PERCY FULTON LTD.

Features

Heating: Baseboard

Flat Floor

Living

5.37 x 4.02

Laminate / Combined W/Kitchen / Large Window

Kitchen

5.37 x 4.02

Laminate / Stainless Steel Appl / Backsplash

Prim Bdrm

4.40 x 4.26

Laminate / Closet Organizers / Large Window

2nd Br

3.87 x 2.52

Laminate / Closet / Large Window


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


10Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CENTURY 21 PERCY FULTON LTD., Brokerage

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Market Data - Malvern

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2023

16 days

2022

33 days

2021

15 days

New Listings

Past 30 days

74 listings

Compared to

2023

44 listings

2022

31 listings

2021

6 listings

Units sold

Past 30 days

8 units

Compared to

2023

10 units

2022

7 units

2021

25 units

Median Sold Price

Past 30 days

$555,000

Compared to

2023

$537,500

2022

$510,000

2021

$525,000


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

20 to 34
23%
0 to 19
22%
50 to 64
20%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
21%
Multi person
6%
Multi family
2%

Mother tongue (%)

English
52%
Tamil
12%
Tagalog (Pilipino, Filipino)
7%
Urdu
5%
Yue (Cantonese)
4%
Gujarati
3%
Mandarin
2%
Punjabi (Panjabi)
2%
Bengali
2%
Others
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget