3260 Sheppard Avenue Unit 2702, Toronto E05

Price: $622,500

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13781618

Welcome to this beautiful, brand-new, never-lived-in 2-bedroom, 2-bathroom corner suite with 9-foot ceilings and floor-to-ceiling windows. A rare layout with the living area and kitchen wrapped in glass, bringing in abundant natural light and unobstructed northeast views, even while you cook. The split bedroom design offers excellent privacy, with bedrooms that also enjoy clear, open views. Step out onto the spacious balcony and take in panoramic skyline vistas, including the CN Tower. Includes one parking space and one locker. Building amenities include an outdoor pool, fitness centre, yoga studio, rooftop BBQ, party lounge, games and sports rooms, and 24-hour security. Conveniently located near Warden and Sheppard, minutes from Fairview Mall, with quick access to the 401 and 404. A rare find with exceptional light, views, and privacy.

3260 Sheppard Avenue Unit 2702 - Condo photo 1 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 2 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 3 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 4 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 5 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 6 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 7 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 8 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 9 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 10 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 11 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 12 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 13 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 14 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 15 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 16 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 17 of 18 in Scarborough Village / Eglinton East, Ontario
3260 Sheppard Avenue Unit 2702 - Condo photo 18 of 18 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$622,500 - 3260 Sheppard Avenue Unit 2702, Scarborough Village

Condo for Sale in Scarborough Village

New — Listed 2 days ago

Neighbourhood: Tam O'Shanter-Sullivan

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
E13781618
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Scarborough Village / Eglinton East
Locker
Ensuite
Exposure
North East
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to this beautiful, brand-new, never-lived-in 2-bedroom, 2-bathroom corner suite with 9-foot ceilings and floor-to-ceiling windows. A rare layout with the living area and kitchen wrapped in glass, bringing in abundant natural light and unobstructed northeast views, even while you cook. The split bedroom design offers excellent privacy, with bedrooms that also enjoy clear, open views. Step out onto the spacious balcony and take in panoramic skyline vistas, including the CN Tower. Includes one parking space and one locker. Building amenities include an outdoor pool, fitness centre, yoga studio, rooftop BBQ, party lounge, games and sports rooms, and 24-hour security. Conveniently located near Warden and Sheppard, minutes from Fairview Mall, with quick access to the 401 and 404. A rare find with exceptional light, views, and privacy.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,193.75/mo

Includes CMHC insurance ($17,368)

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5-yr fixed avg.

Principal: $560,250Interest: $380,507
Mortgage Amount$577,618
Total Interest$380,507
Est. Property Tax$441/mo
Total Cost$958,124

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

3260 Sheppard Avenue Unit 2702, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$441
Insurance (est.)-$130
Net Cash Flow+$1,124

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 $692/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $2,594 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3260 Sheppard Avenue Unit 2702 | $622,500 | Battaglia Team