3220 Sheppard Avenue Unit 106, Toronto E05

Price: $329,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: E13792670

Welcome to this modern and spacious studio suite featuring soaring 10-ft ceilings and a bright, open-concept living, dining and kitchen area. Enjoy a full bathroom, walk-in closet, sleek stainless steel appliances, and convenient in-suite laundry. Step outside to your private 130 sq. ft. north-facing terrace, perfect for relaxing or entertaining. Parking included. A stylish and functional space you'll love to call home.

3220 Sheppard Avenue Unit 106 - Condo photo 1 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 2 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 3 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 4 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 5 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 6 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 7 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 8 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 9 of 10 in Scarborough Village / Eglinton East, Ontario
3220 Sheppard Avenue Unit 106 - Condo photo 10 of 10 in Scarborough Village / Eglinton East, Ontario
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$329,000 - 3220 Sheppard Avenue Unit 106, Scarborough Village

Condo for Sale in Scarborough Village

Neighbourhood: Tam O'Shanter-Sullivan

0Beds
1Baths
N/ASq Ft
Condo

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Property Details
MLS Number
E13792670
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Scarborough Village / Eglinton East
Taxes (2025)
$1,297
Maintenance Fees
$264/mo
Locker
Ensuite+Exclusive
Exposure
North
Balcony
Terrace
Listing Brokerage
REON HOMES REALTY INC.
Description

Welcome to this modern and spacious studio suite featuring soaring 10-ft ceilings and a bright, open-concept living, dining and kitchen area. Enjoy a full bathroom, walk-in closet, sleek stainless steel appliances, and convenient in-suite laundry. Step outside to your private 130 sq. ft. north-facing terrace, perfect for relaxing or entertaining. Parking included. A stylish and functional space you'll love to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,687.94/mo

Includes CMHC insurance ($9,179)

$
$
5%10%50%

5-yr fixed avg.

Principal: $296,100Interest: $201,103
Mortgage Amount$305,279
Total Interest$201,103
Est. Property Tax$233/mo
Total Cost$506,382

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: Tam O'Shanter-Sullivan

Discover Tam O'Shanter-Sullivan

Tam O'Shanter-Sullivan 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 Tam O'Shanter-Sullivan

  • •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

Tam O'Shanter-Sullivan 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 106, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
8.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$264
Property Tax (est.)-$233
Insurance (est.)-$69
Net Cash Flow+$2,194

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

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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. The $264/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 0 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.

About Tam O'Shanter-Sullivan

I know Tam O'Shanter-Sullivan well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 106 | $329,000 | Battaglia Team