3260 Sheppard Avenue Unit 1308, Toronto E05

Price: $479,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: E12606106

Welcome to Pinnacle Toronto East, a brand new building offering contemporary design and everyday convenience in one of Scarborough's most sought-after neighbourhoods. This never-lived-in one-bedroom plus den suite features a bright, open-concept layout with 9-foot ceilings, elegant finishes, and large windows that fill the space with natural light. The modern kitchen boasts stainless steel appliances, quartz countertops, and ample cabinet space, flowing seamlessly into the inviting living and dining area-perfect for entertaining or relaxing after a long day. Step out onto your private balcony to enjoy unobstructed east-facing views. The spacious bedroom provides a peaceful retreat with generous storage and plenty of natural light, while the versatile den is ideal for a home office, guest space, or reading nook. A well-appointed washroom and in-suite laundry offer added comfort and convenience. Ideally situated at Sheppard and Warden, you're just minutes from Fairview Mall, Scarborough Town Centre, grocery stores, restaurants, schools, parks, and major highways (401, 404, and 407). Residents enjoy an outstanding array of building amenities, including a fully equipped fitness centre, yoga studio, outdoor pool, rooftop terrace with BBQs, party lounge, children's play area, and more. Enjoy modern condo living at its best in this vibrant, newly built community.

3260 Sheppard Avenue Unit 1308 - New Construction photo 1 of 2 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 1308 - New Construction photo 2 of 2 in Scarborough Village / Eglinton East, Ontario
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$479,900 - 3260 Sheppard Avenue Unit 1308, Scarborough Village

New Construction for Sale in Scarborough Village

138 days on market
2Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
E12606106
Property Type
New Construction
Status
active
Days on Site
138
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX PLUS CITY TEAM INC.
Description

Welcome to Pinnacle Toronto East, a brand new building offering contemporary design and everyday convenience in one of Scarborough's most sought-after neighbourhoods. This never-lived-in one-bedroom plus den suite features a bright, open-concept layout with 9-foot ceilings, elegant finishes, and large windows that fill the space with natural light. The modern kitchen boasts stainless steel appliances, quartz countertops, and ample cabinet space, flowing seamlessly into the inviting living and dining area-perfect for entertaining or relaxing after a long day. Step out onto your private balcony to enjoy unobstructed east-facing views. The spacious bedroom provides a peaceful retreat with generous storage and plenty of natural light, while the versatile den is ideal for a home office, guest space, or reading nook. A well-appointed washroom and in-suite laundry offer added comfort and convenience. Ideally situated at Sheppard and Warden, you're just minutes from Fairview Mall, Scarborough Town Centre, grocery stores, restaurants, schools, parks, and major highways (401, 404, and 407). Residents enjoy an outstanding array of building amenities, including a fully equipped fitness centre, yoga studio, outdoor pool, rooftop terrace with BBQs, party lounge, children's play area, and more. Enjoy modern condo living at its best in this vibrant, newly built community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,462.14/mo

Includes CMHC insurance ($13,389)

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5-yr fixed avg.

Principal: $431,910Interest: $293,342
Mortgage Amount$445,299
Total Interest$293,342
Est. Property Tax$340/mo
Total Cost$738,641

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

3260 Sheppard Avenue Unit 1308, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,960

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

Competitive Pricing

At $800/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.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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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    3260 Sheppard Avenue Unit 1308… — $479,900 | Battaglia Team