5155 Sheppard Ave 407

FOR SALE
$509,000
5155 Sheppard Ave 407, Scarborough
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
5155 Sheppard Ave 407
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
E11918091
MLSID
Contact Us
Property Description
Bright & Spacious 1 Bedroom Plus 1 Den new Condo Unit Built By Daniels with Low Maintenance Fee. Den can be 2nd Bedroom. This Immaculate Sun Filled Unit Features: An Open Concept Very Functional Layout with 9' Ceilings, Upscale Modern Kitchen w/ Stainless Steel Appliances. Steps To Transit, Shopping, Schools, Parks & Community Centre. Mins To Hwy, College, U of T, Scarborough Town Centre, Mall & Big Box Stores. Amenities Include: Grow Your Own Veggies In Community Garden, Gym, Yoga Rm, Party Rm, Playground At Your Doorstep, Bbq Area & Visitor Parking.
Extras
Includes 1 Underground Parking And 1 Locker.
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,746 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Scarborough Market Statistics
Scarborough Price Trend
5155 Sheppard Ave 407 is a 1-bedroom 1-bathroom condo listed for sale at $509,000, which is $57,564 (10.2%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.
Inventory Change
There were 857 1-bedroom condos listed in Scarborough over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Elite Realty Inc.
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