$588,000 - 3220 Sheppard Avenue Unit 212, Scarborough Village
Condo for Sale in Scarborough Village
31 days on marketNeighbourhood: Tam O'Shanter-Sullivan
- MLS Number
- E13600736
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- AVION REALTY INC.
Welcome to this sun-filled south-facing 1+Den, 2 full-bath suite offering 759 sq. ft. of thoughtfully designed living space in the sought-after East 3220 Condos. Less than 5 years new, this bright and functional home features an open-concept layout, contemporary finishes, and quality double-glazed windows for enhanced comfort and sound insulation. The modern kitchen is enhanced with a stylish backsplash, while upgraded vinyl flooring runs throughout the suite for a sleek, carpet-free finish. Both bathrooms feature upgraded glass shower enclosures, adding a touch of luxury. The generous primary bedroom offers a walk-in closet and a private ensuite. A rare oversized den (over 7 sq. m.) offers exceptional flexibility as a second bedroom, home office, or guest space. Enjoy a private balcony, ensuite laundry, one owned underground parking space, and one owned locker. Residents enjoy exceptional building amenities, including a 24-hour concierge, fitness centre, party room, guest suites, media/theatre room, rooftop terrace with BBQs, and visitor parking. Ideally located steps to TTC, shopping, restaurants, parks, and everyday conveniences, with easy access to Highways 401 and 404. An excellent opportunity for both end users and investors!
Estimate your monthly payments for this property
Estimated Payment
$3,016.74/mo
Includes CMHC insurance ($16,405)
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 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
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.
3220 Sheppard Avenue Unit 212, 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 $840/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.
Market Position
At 31 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 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.
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 $2,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.