5580 Sheppard Ave E 1004
Malvern, Scarborough, M1B 2L3
FOR SALE
$299,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSE9395403
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Property Description
Prime Location Meets Spacious Living! This sun-filled "corner unit" offers an abundance of space and modern upgrades, perfect for both first-time buyers and savvy investors! Featuring a newer kitchen, stylish laminate and ceramic flooring, and a convenient storage room with built-in shelving, this home combines comfort and functionality. You'll love the large bedrooms with oversized closets and a bright, open-concept living/dining area, ideal for entertaining. Located in a well-managed building just minutes from shopping, schools, parks, colleges, places of worship, TTC, Hwy 401, and more! This is a fantastic opportunity to live in a thriving community with everything you need right at your doorstep!
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Extras
S/S Fridge, S/S Stove, White hood, All Electric Lights and Fixtures
Nearby Intersections
McCowan & 401 (152)
Markham & Sheppard (127)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$980 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.19' x 17.62' | Laminate, Combined W/Kitchen, Large Window |
| Kitchen | Flat | 13.19' x 17.62' | Laminate, Stainless Steel Appl, Backsplash |
| Prim Bdrm | Flat | 13.98' x 14.44' | Laminate, Closet Organizers, Large Window |
| 2nd Br | Flat | 8.27' x 12.70' | Laminate, Closet, Large Window |
| Locker | Flat | 4.89' x 7.45' | Laminate, B/I Shelves |
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Scarborough Market Statistics
Scarborough Price Trend
5580 Sheppard Ave E 1004 is a 2-bedroom 1-bathroom condo listed for sale at $299,000, which is $476,058 (61.4%) lower than the average sold price of $775,058 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $456 (0.1%) compared to the previous 30 day period (August 18 - September 16) and down $20,599 (2.6%) from the same time one year ago.Inventory Change
There were 1,428 2-bedroom condos listed in Scarborough over the last 30 days (September 17 - October 16), which is up 8.7% compared with the previous 30 day period (August 18 - September 16) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($18,012) (2.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $1,036 decrease compared to the previous 30 day period (August 18 - September 16) and ($13,105) 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 (September 17 - October 16) stood at 34.5%, up from 31.6% over the previous 30 days (August 18 - September 16) and up from 33.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 31 days when successfully sold over the last 30 days (September 17 - October 16), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
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