$624,900 - 3121 Sheppard Avenue Unit #710, Scarborough Village
Condo for Sale in Scarborough Village
New — Listed 2 days ago- MLS Number
- E13166038
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Step into a space that actually fits your life. At over 1,000 sq ft, this 3-bedroom suite at 3121 Sheppard Ave E #710 stands out in a market where most condos feel like a compromise. Here, you get room to grow, whether that means working from home, hosting friends, or simply having space to breathe at the end of the day. The layout just works. It is open, functional, and finished with hard surface flooring throughout, designed for low-maintenance, everyday living.The kitchen flows naturally into the living space, making it easy to cook, unwind, or entertain without feeling boxed in. All three bedrooms come with walk-in closets, offering a level of storage rarely found in condo living. What makes this unit different is its flexibility. The third bedroom, with its sleek glass enclosure, adapts to your lifestyle, it can be a home office today, a nursery tomorrow, or a guest space when you need it. Step out onto the balcony for open city views, or take advantage of the rare convenience of having a full outdoor terrace on the same floor, perfect for a quick reset without leaving the building.With parking included and maintenance fees covering heat, CAC, and water, with only hydro extra, this is a practical choice as much as it is a lifestyle upgrade. Enjoy unmatched convenience with premium amenities just steps away, including outdoor terrace, fitness centre, yoga studio, party and media rooms, guest suites, visitor parking, and 24-hour concierge. Located right where you need to be, with transit at your doorstep, quick access to Highways 401, 404, and the DVP, and everything from groceries to dining at Fairview Mall nearby, this is a home that keeps up with your pace. For those who want more than just a condo, this is space, flexibility, and everyday ease, all in one.
Estimate your monthly payments for this property
Estimated Payment
$3,206.06/mo
Includes CMHC insurance ($17,435)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Scarborough Village / Eglinton East
Scarborough Village / Eglinton East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Scarborough Village / Eglinton East
- •Convenient location in Scarborough Village / Eglinton East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Scarborough Village / Eglinton East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
3121 Sheppard Avenue Unit #710, Scarborough Village / Eglinton East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.