5155 Sheppard Ave E 305
Malvern, Scarborough, M1B 0C8
FOR SALE
$579,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE11982057
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Property Description
Welcome to 5155 Sheppard, a stunning 2-bedroom, 2-bathroom corner unit located in one of the most desirable neighborhoods in the area. This meticulously maintained, newly built condo by Daniels Corp. in 2020 offers a spacious split-bedroom layout that's perfect for privacy and comfort. The open-concept kitchen features sleek stainless steel appliances, while the bright and airy living/dining area is filled with natural light and offers access to your own private patio. You'll also enjoy the convenience of an en-suite washer/dryer and an included underground parking spot. Building amenities are top-notch, including an outdoor playground, community garden, greenhouse, gym, party room, yoga room, BBQ area, and underground bike storage. With TTC just steps away and close proximity to major grocery stores, the 401, UofT, Centennial College, shopping malls, schools, and Rouge Urban Natural Park, this location has it all. Plus, with the highly anticipated Scarborough Subway Extension just around the corner, you'll have easy access to downtown. Don't miss the chance to call this immaculate condo your home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-09 | 2023-08-15 | 37 | $649,900 | - | Terminated |
| 2023-06-14 | 2023-07-06 | 22 | $659,000 | - | Terminated |
| 2023-05-31 | 2023-06-15 | 15 | $667,000 | - | Terminated |
| 2023-05-31 | 2023-06-14 | 14 | $667,000 | - | Suspended |
| 2023-05-01 | 2023-05-31 | 30 | $669,000 | - | Terminated |
Nearby Intersections
McCowan & 401 (68)
Markham & Sheppard (65)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,160 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 29.53' x 42.98' | Open Concept, Stainless Steel Appl, Combined W/Living |
| Living | Main | 29.53' x 42.98' | Combined W/Kitchen, Walk-Out, Window Flr to Ceil |
| Br | Main | 33.17' x 30.84' | Closet, Large Window |
| 2nd Br | Main | 34.12' x 29.89' | Large Window, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
5155 Sheppard Ave E 305 is a 2-bedroom 2-bathroom condo listed for sale at $579,900, which is $176,701 (23.4%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Scarborough over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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