Sold conditionally
45 days on Market

5580 Sheppard Ave #605, Toronto, Ontario M1B 2L3

In the same building:
-
Condo
1 + 1
1
~800-899 sqft
$410,000
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Condo
1 + 1
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$484/sqft

Est. Mortgage$1,761/mo

Maintenance fees$464/mo

Tax Amount (2024)$858/yr

Days On Market45 days


Description

An incredible opportunity for first-time buyers and investors! This beautifully upgraded(Dec-2024)condo features large windows that fill the space with natural light, pot lights that add a modern touch, and stunning views. The den is versatile, perfect as a home office or a second bedroom. The sleek kitchen boasts countertops, stainless steel appliances, cabinet doors, and a cozy eat-in area. Updated Laminate flooring runs throughout, complemented by freshly painted neutral tones for a modern, inviting feel. Enjoy the convenience of ensuite laundry and a prime location next to centennial college, University of Toronto Scarborough, Future McCowan subway station, Sheppard Square Childcare Centre, shopping, schools, parks, community centers, and hospitals, with easy access to Hwy 401perfect for commuters. Dont miss this rare find! **EXTRAS** Maintenance Fee Includes: Heat and water, Rogers Cable and Internet included.


Property Details

StyleApartment
View-
Age of property31-50
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE11929966
Community NameMalvern
Data SourceTRREB
Listing byURBAN REALTY POINT

Features

Heating: Other
Cooling: Window Unit

Flat Floor

Living

3.94 x 3.23

Laminate / Combined W/Dining / Pot Lights

Dining

3.56 x 2.38

Laminate / Combined W/Living / Pot Lights

Kitchen

2.20 x 2.01

B/I Dishwasher / Stainless Steel Appl

Prim Bdrm

4.06 x 2.82

Laminate / Double Closet / Window


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


6Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 17, 2025
ListedActive
$410,000
45 days on market
history photo preview33
Listing by trreb®
Property listed by URBAN REALTY POINT, Brokerage

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Market Data - Malvern

Geo Zone Map ThumbnailMalvern

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

22 days

2023

28 days

2022

9 days

New Listings

Past 30 days

86 listings

Compared to

2024

45 listings

2023

20 listings

2022

11 listings

Units sold

Past 30 days

5 units

Compared to

2024

24 units

2023

15 units

2022

30 units

Median Sold Price

Past 30 days

$520,000

Compared to

2024

$609,000

2023

$499,900

2022

$676,000


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