3220 Sheppard Ave E 607

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3220 Sheppard Ave E 607, Scarborough
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
E9506099
MLSID
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Property Description
Brand New Never Lived in Condo Suite - Buy Directly from the Builder - 821 Square Feet - 1 Bedroom + Den Unit - 2 Lockers! East Exposure - Parking Space Available for $25,000 - This Unit is Brand New and is EXEMPT from Ontario Rent Control (all units occupied after November 15th 2018); the future Landlord of this unit may increase rent beyond what Ontario Rent Control Guidelines dictate. Definitely a must see
Extras
1 Parking Space Available for $25,000 - Tons of Upgrades! Laminate Flooring Throughout, Stone Backsplash! Amazing Building Amenities! Building Built in 2022! TTC stop in front of building! Highway 401 and 404 are minutes away.
Nearby Intersections
Property Features
Clear View, Hospital, Library, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,110 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat8.20' x 15.81'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat8.20' x 15.81'Open Concept, Laminate, Combined W/Living
KitchenFlat12.17' x 15.81'Stone Counter, Stainless Steel Appl, Backsplash
Prim BdrmFlat10.01' x 10.99'3 Pc Ensuite, Laminate, Double Closet
DenFlat9.84' x 7.87'Laminate, Closet, Separate Rm
Scarborough Market Statistics
Scarborough Price Trend
3220 Sheppard Ave E 607 is a 1-bedroom 2-bathroom condo listed for sale at $770,880, which is $207,190 (36.8%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.
Inventory Change
There were 894 1-bedroom condos listed in Scarborough over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Scarborough over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Scarborough stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Danmar Empire Real Estate Corp.
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