5800 Sheppard Ave E 414
Malvern, Scarborough, M1B 5J7
FOR SALE
$430,000
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Property Description
Welcome to this beautifully renovated 1+1 condo that combines modern design with comfort. Featuring an open-concept living area of 685sq/ft (MPAC), sleek new finishes, and plenty of natural light, this home is perfect for those seeking style and convenience. The spacious bedroom offers a peaceful retreat, while the versatile den can serve as an office, guest room, or extra storage. Enjoy easy access to public transit, shopping, dining, and the 401. A truly move-in-ready space that offers both comfort and functionality. Dont miss out!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-05-23 | 2020-06-15 | 24 | $399,900 | $385,000 | Sold |
Extras
Fridge, Stove, Microwave, Washer and Dryer.
Nearby Intersections
Markham & Sheppard (113)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$823 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 9.84' x 9.12' | Stone Counter, Laminate |
| Dining | Flat | 10.17' x 9.42' | Combined W/Living, Laminate |
| Living | Flat | 10.17' x 15.32' | Combined W/Dining, Laminate |
| Prim Bdrm | Flat | 9.88' x 12.57' | Closet, Laminate, Large Window |
| Office | Flat | 9.84' x 7.74' | Laminate, Large Window, Sliding Doors |
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Scarborough Market Statistics
Scarborough Price Trend
5800 Sheppard Ave E 414 is a 1-bedroom 1-bathroom condo listed for sale at $430,000, which is $139,383 (24.5%) lower than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.Inventory Change
There were 1,158 1-bedroom condos listed in Scarborough over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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