3220 Sheppard Avenue Unit 809, Toronto E05

Price: $698,998

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13461672

Rare Opportunity to Own Two Parking Spaces. Welcome To This Bright And Spacious Open-Concept Corner Unit In The Highly Sought-After East 3220 Condos By Quadcam Developments. This Unit Features Soaring 10-Foot Ceilings And A Well-Designed Layout That Combines Comfort, Style, And Function. Large Windows Fill The Space With Natural Light And Provide Unobstructed Views. The Modern Kitchen Features Stainless Steel Appliances, Sleek Cabinetry, And Ample Counter Space. Two Generous Bedrooms Provide Flexibility For Families, Professionals, Or Those Seeking Extra Room For A Home Office. Two Parking Spaces & Two Lockers Included. Building Amenities Include 24 Hrs Concierge, Gym, Movie Room, Meeting Room, Visitor Parking,& A Rooftop Terrace. Situated In A Prime Location Just Minutes From Hwy 401, Major Shopping Centres, Beautiful Parks, And A Wide Variety Of Restaurants.

3220 Sheppard Avenue Unit 809 - Condo photo 1 of 31 in Scarborough Village / Eglinton East, Ontario
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$698,998 - 3220 Sheppard Avenue Unit 809, Scarborough Village

Condo for Sale in Scarborough Village

Neighbourhood: Tam O'Shanter-Sullivan

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13461672
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE
Description

Rare Opportunity to Own Two Parking Spaces. Welcome To This Bright And Spacious Open-Concept Corner Unit In The Highly Sought-After East 3220 Condos By Quadcam Developments. This Unit Features Soaring 10-Foot Ceilings And A Well-Designed Layout That Combines Comfort, Style, And Function. Large Windows Fill The Space With Natural Light And Provide Unobstructed Views. The Modern Kitchen Features Stainless Steel Appliances, Sleek Cabinetry, And Ample Counter Space. Two Generous Bedrooms Provide Flexibility For Families, Professionals, Or Those Seeking Extra Room For A Home Office. Two Parking Spaces & Two Lockers Included. Building Amenities Include 24 Hrs Concierge, Gym, Movie Room, Meeting Room, Visitor Parking,& A Rooftop Terrace. Situated In A Prime Location Just Minutes From Hwy 401, Major Shopping Centres, Beautiful Parks, And A Wide Variety Of Restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.22/mo

Includes CMHC insurance ($19,502)

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5%10%50%

5-yr fixed avg.

Principal: $629,098Interest: $427,266
Mortgage Amount$648,600
Total Interest$427,266
Est. Property Tax$495/mo
Total Cost$1,075,866

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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Know your exact budget before you start house hunting.

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 809, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,054

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 $777/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.

Market Position

At 19 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 900 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 $2,912 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3220 Sheppard Avenue Unit 809 | $698,998 | Battaglia Team