5131 Sheppard Ave E 301
Malvern, Scarborough, M1B 0C9
FOR SALE
$525,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE8260534
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Property Description
Stunning Newly Built Daniels One Bedroom+Den Condo Located Next To Markham Road & Sheppard Shopping Centers! Filled With Natural Sunlight, Open Concept Kitchen, Stainless Steel Appliances, Family Room W/O To Balcony W/Street View, Den Is Perfect For Home Office! Ensuite Laundry. Grow Your Own Veggies In The Community Garden! Transit At Door, Steps To Groceries, Banks & Shopping! Minutes From Highway, Centennial College & Uoft! Surrounded By Schools, Parks & Community Center. Perfect For First-Time Home Buyer, Families & Investors! Come And See This Incredible Community For Yourself!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-10-04 | 2022-11-16 | 44 | $575,000 | - | Suspended |
| 2022-07-16 | 2022-10-03 | 80 | $590,000 | - | Suspended |
Extras
Stainless Steel Fridge, Stove, Dishwasher. Full Sized Stacked Washer And Dryer, All Elfs And Window Coverings. Community Garden! Playground At Your Doorstep, Bbq Area, Visitor Parking - Furniture May Be Included, Inquire With Listing Agent
Nearby Intersections
McCowan & 401 (97)
Markham & Sheppard (62)
Property Features
Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,726 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 9.42' x 10.50' | Broadloom, Window, Mirrored Closet |
| Family | Main | 10.89' x 9.48' | Laminate, Balcony, Open Concept |
| Kitchen | Main | 10.89' x 8.89' | Laminate, Stainless Steel Appl, Open Concept |
| Bathroom | Main | 5.68' x 6.89' | Tile Floor |
| Den | Main | 6.40' x 6.40' | Laminate |
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Scarborough Market Statistics
Scarborough Price Trend
5131 Sheppard Ave E 301 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $74,751 (12.5%) lower than the average sold price of $599,751 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $3,183 (0.5%) compared to the previous 30 day period (March 4 - April 2) and down $28,429 (4.5%) from the same time one year ago.Inventory Change
There were 1,874 1-bedroom condos listed in Scarborough over the last 30 days (April 3 - May 2), which is up 36.0% compared with the previous 30 day period (March 4 - April 2) and up 65.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($8,134) (1.4%) below asking price over the last 30 days (April 3 - May 2), which represents a $2,735 increase compared to the previous 30 day period (March 4 - April 2) and ($2,243) less 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 (April 3 - May 2) stood at 36.3%, down from 47.7% over the previous 30 days (March 4 - April 2) and down from 73.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 27 days when successfully sold over the last 30 days (April 3 - May 2), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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