3220 SHEPPARD Avenue Unit 309, Toronto E05

Price: $499,999

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: E13463214

Welcome to East Luxury Condos! This beautifully maintained unit has been freshly repainted and is move-in ready, perfect for the next proud owner to enjoy and care for. Offering a stylish and functional urban living space, the unit features a spacious open-concept layout that seamlessly blends the living and dining areas, ideal for both everyday living and entertaining. The large primary bedroom includes a private ensuite for added comfort, complemented by a second full 2-piece bathroom-perfect for guests or additional convenience. The versatile den provides the perfect nook for a home office, additional workspace, Kid bedroom or playroom . Enjoy the convenience of an eat-in kitchen with ample storage throughout the unit, as well as a lovely private balcony-perfect for relaxing after a long day. Residents have access to exceptional building amenities, including a rooftop garden terrace with stunning city views and barbecue facilities. Located in a highly convenient area with public transit right at your doorstep, and just minutes to parks, Fairview Mall, schools, and major highways. Includes 1 parking space. A fantastic opportunity for first-time buyers, downsizers, or investors!

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$499,999 - 3220 SHEPPARD Avenue Unit 309, Scarborough Village

Condo for Sale in Scarborough Village

Neighbourhood: Tam O'Shanter-Sullivan

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
E13463214
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to East Luxury Condos! This beautifully maintained unit has been freshly repainted and is move-in ready, perfect for the next proud owner to enjoy and care for. Offering a stylish and functional urban living space, the unit features a spacious open-concept layout that seamlessly blends the living and dining areas, ideal for both everyday living and entertaining. The large primary bedroom includes a private ensuite for added comfort, complemented by a second full 2-piece bathroom-perfect for guests or additional convenience. The versatile den provides the perfect nook for a home office, additional workspace, Kid bedroom or playroom . Enjoy the convenience of an eat-in kitchen with ample storage throughout the unit, as well as a lovely private balcony-perfect for relaxing after a long day. Residents have access to exceptional building amenities, including a rooftop garden terrace with stunning city views and barbecue facilities. Located in a highly convenient area with public transit right at your doorstep, and just minutes to parks, Fairview Mall, schools, and major highways. Includes 1 parking space. A fantastic opportunity for first-time buyers, downsizers, or investors!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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 309, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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

Fair Market Value

At $833/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 18 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 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.

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 309 | $499,999 | Battaglia Team