$818,000 - 3427 Sheppard Avenue Unit 306, Scarborough Village
Condo for Sale in Scarborough Village
46 days on market- MLS Number
- E13065248
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
NEVER BEEN LIVED-IN You don't have to choose between space and location, this 2-bedroom townhouse delivers both with intention.Offering 1,050 sq ft of thoughtfully designed living space, this home is complemented by 2 outdoor areas, including a private 300 sq ft rooftop terrace-perfect for morning coffee, sunset unwinds, and elevated summer nights with skyline views.Complete with 1 parking space featuring EV charging for future-forward living & 1 locker, plus access to all on-site amenities.Positioned at Sheppard & Warden, enjoy seamless connectivity to the Sheppard subway line via Don Mills and Leslie Stations, just a short commute away. Everyday convenience is unmatched-only 5 minutes to CF Fairview Mall and 10 minutes to Scarborough Town Centre for premier shopping, dining, and entertainment.Steps to Seneca College and top-rated public and private schools, all within a family-friendly neighbourhood on the rise. With the Eglinton LRT and Scarborough Subway Extension on the horizon, this is a location defined by growth and long-term upside.Whether you're entering the market, expanding your portfolio, or upgrading your lifestyle, this is a home that aligns with where you're going.Live smart. Invest wisely. Thrive here.
Estimate your monthly payments for this property
Estimated Payment
$4,196.76/mo
Includes CMHC insurance ($22,822)
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.
3427 Sheppard Avenue Unit 306, 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
Fair Market Value
At $818/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.
Negotiation Opportunity
At 46 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.
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 $3,408 (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.