3270 Sheppard Avenue Unit 1129, Toronto E05

Price: $589,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E12864410

**Assignment Sale** - Brand new Corner unit by Pinnacle in the Sheppard & Warden. This North East-facing 2-bedroom, 2-bath suite in the East Tower offers 897 sq. ft. of interior space plus a 66 sq. ft. balcony for a total of 945 sq. ft. Large windows bring in plenty of natural light throughout the unit. The open-concept living and dining area features wide plank laminate flooring and a walkout to the private balcony. The kitchen includes quartz countertops, contemporary cabinetry, glass tile backsplash, under-cabinet lighting, and upgraded full sized stainless steel appliances. This corner layout provides spacious bedrooms, offering comfortable living and good separation between rooms. The primary bedroom includes a walk-in closet and a 3-piece ensuite with a glass walk-in shower. The second bedroom features a large window and closet space. A second full bathroom includes a deep bathtub.A dedicated laundry room with full-size LG washer and dryer adds convenience rarely found in condos of this size. Building amenities include an outdoor pool, hot tub, fitness centre, yoga studio, sports lounge, kids play area, library, outdoor terrace with BBQs, party room, boardroom, and 24-hour concierge. Convenient location with quick access to Highways 401 and 404, TTC transit nearby, and easy access to Don Mills Subway Station. Walking distance to grocery stores, restaurants, parks, schools, shopping and dining options. Parking & Locker are located close to elevator

3270 Sheppard Avenue Unit 1129 - Condo photo 1 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 2 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 3 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 4 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 5 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 6 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 7 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 8 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 9 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 10 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 11 of 12 in Scarborough Village / Eglinton East, Ontario
3270 Sheppard Avenue Unit 1129 - Condo photo 12 of 12 in Scarborough Village / Eglinton East, Ontario
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$589,000 - 3270 Sheppard Avenue Unit 1129, Scarborough Village

Condo for Sale in Scarborough Village

101 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E12864410
Property Type
Condo
Status
active
Days on Site
101
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
IRISE
Description

**Assignment Sale** - Brand new Corner unit by Pinnacle in the Sheppard & Warden. This North East-facing 2-bedroom, 2-bath suite in the East Tower offers 897 sq. ft. of interior space plus a 66 sq. ft. balcony for a total of 945 sq. ft. Large windows bring in plenty of natural light throughout the unit. The open-concept living and dining area features wide plank laminate flooring and a walkout to the private balcony. The kitchen includes quartz countertops, contemporary cabinetry, glass tile backsplash, under-cabinet lighting, and upgraded full sized stainless steel appliances. This corner layout provides spacious bedrooms, offering comfortable living and good separation between rooms. The primary bedroom includes a walk-in closet and a 3-piece ensuite with a glass walk-in shower. The second bedroom features a large window and closet space. A second full bathroom includes a deep bathtub.A dedicated laundry room with full-size LG washer and dryer adds convenience rarely found in condos of this size. Building amenities include an outdoor pool, hot tub, fitness centre, yoga studio, sports lounge, kids play area, library, outdoor terrace with BBQs, party room, boardroom, and 24-hour concierge. Convenient location with quick access to Highways 401 and 404, TTC transit nearby, and easy access to Don Mills Subway Station. Walking distance to grocery stores, restaurants, parks, schools, shopping and dining options. Parking & Locker are located close to elevator

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Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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

3270 Sheppard Avenue Unit 1129, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,140

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 $736/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 101 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.

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 800 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.

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 $2,454 (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.

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    3270 Sheppard Avenue Unit 1129 | $589,000 | Battaglia Team