5580 Sheppard Ave E Ph05
Malvern, Scarborough, M1B 2L3
FOR SALE
$509,900
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2 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSE10433936
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Property Description
Clean, bright & spacious penthouse with 2-bedrooms & solarium. Located in well maintained complex. Entire unit freshly painted. New Laminate flooring throughout, Fully upgraded Kitchen cabinetry with quartz countertop, Backsplash, Ceramic flooring, Large storage room in the unit, Plenty of sunlight with both bedrooms overlooking to the accessible balcony. Amazing West sunset view without any obstruction from living, kitchen and Bedrooms. Just move in and enjoy!! TTC 24hrs, schools, mall, library, community center, University of Toronto, Centennial College. McCowan subway extension in close proximity. Approximately 1075 sqft. of usable area.
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Extras
Stainless steel: Fridge, Stove, Microwave/Rangehood. White Washer and Dryer. PENTHOUSE UNIT WITH LARGE SQUARE FOOTAGE
Nearby Intersections
McCowan & 401 (130)
Markham & Sheppard (113)
Property Features
Library, Place Of Worship, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,016 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Elevator
Yes
Parking 1
Owned (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.12' x 20.67' | Combined W/Dining, Laminate, Sliding Doors |
| Dining | Flat | 13.12' x 20.67' | Combined W/Living, Laminate |
| Kitchen | Flat | 7.74' x 13.94' | Window, Ceramic Floor, Custom Backsplash |
| Prim Bdrm | Flat | 32.28' x 41.99' | W/I Closet, Laminate, Large Window |
| 2nd Br | Flat | 3.28' x 9.51' | Closet, Laminate, Large Window |
| Solarium | Flat | 7.02' x 27.00' | Window, Broadloom, Enclosed |
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Scarborough Market Statistics
Scarborough Price Trend
5580 Sheppard Ave E Ph05 is a 2-bedroom 1-bathroom condo listed for sale at $509,900, which is $252,190 (33.1%) lower than the average sold price of $762,090 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $4,489 (0.6%) compared to the previous 30 day period (September 24 - October 23) and down $59,463 (7.2%) from the same time one year ago.Inventory Change
There were 1,098 2-bedroom condos listed in Scarborough over the last 30 days (October 24 - November 22), which is down 17.7% compared with the previous 30 day period (September 24 - October 23) and down 2.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($19,468) (2.6%) below asking price over the last 30 days (October 24 - November 22), which represents a $464 decrease compared to the previous 30 day period (September 24 - October 23) and ($20,368) 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 2-bedroom condos in Scarborough over the last 30 days (October 24 - November 22) stood at 51.5%, up from 37.5% over the previous 30 days (September 24 - October 23) and up from 37.6% 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 (October 24 - November 22), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Loyalty Real Estate
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