3220 Sheppard Avenue Unit 1707, Toronto E05

Price: $498,800

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13453528

Welcome to this *BRAND NEW** never-lived-in 1 Bedroom + Den suite in Toronto's highly sought-after Upper East Side community. Boasting an exceptional layout with **688 sqft** of interior living space plus a 103 sq. ft. private balcony, this bright and modern residence is thoughtfully designed for both comfort and functionality.The open-concept living and dining area features luxury vinyl flooring throughout, creating a seamless and contemporary feel. The stylish kitchen is equipped with modern cabinetry, granite countertops, stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining.The spacious bedroom offers a large closet and expansive windows that flood the space with natural light, creating a warm and inviting retreat. The versatile den, complete with its own large window, is ideal for a home office, study, or guest space. The suite also includes the convenience of in-suite laundry. Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and public transit, this home offers an unbeatable combination of connectivity and lifestyle.Ideal for professionals, couples, or small families seeking modern urban living in a vibrant and well-connected neighbourhood. Be the very first to call this stunning contemporary suite your home!

3220 Sheppard Avenue Unit 1707 - Condo photo 1 of 32 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$498,800 - 3220 Sheppard Avenue Unit 1707, Scarborough Village

Condo for Sale in Scarborough Village

New — Listed yesterday
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13453528
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY EXCELLENCE
Description

Welcome to this *BRAND NEW** never-lived-in 1 Bedroom + Den suite in Toronto's highly sought-after Upper East Side community. Boasting an exceptional layout with **688 sqft** of interior living space plus a 103 sq. ft. private balcony, this bright and modern residence is thoughtfully designed for both comfort and functionality.The open-concept living and dining area features luxury vinyl flooring throughout, creating a seamless and contemporary feel. The stylish kitchen is equipped with modern cabinetry, granite countertops, stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining.The spacious bedroom offers a large closet and expansive windows that flood the space with natural light, creating a warm and inviting retreat. The versatile den, complete with its own large window, is ideal for a home office, study, or guest space. The suite also includes the convenience of in-suite laundry. Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and public transit, this home offers an unbeatable combination of connectivity and lifestyle.Ideal for professionals, couples, or small families seeking modern urban living in a vibrant and well-connected neighbourhood. Be the very first to call this stunning contemporary suite your home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,559.10/mo

Includes CMHC insurance ($13,917)

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5-yr fixed avg.

Principal: $448,920Interest: $304,894
Mortgage Amount$462,837
Total Interest$304,894
Est. Property Tax$353/mo
Total Cost$767,731

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.

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Neighbourhood Guide: Scarborough Village / Eglinton East

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

3220 Sheppard Avenue Unit 1707, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,353

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $831/sqft, this property is priced in line with current Scarborough Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    3220 Sheppard Avenue Unit 1707 | $498,800 | Battaglia Team