8855 Sheppard Avenue Unit 126, Toronto E11

Price: $619,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12960448

Only 6 Years Old - Stunning Urban Townhouse In Rouge, Scarborough. Unit Offers 2Br + Den With 2washrooms. Low Maintenance Fees. Unit Comes With An Amazing Open Layout. Comes With Decentupgrades, Entire House Recently Painted. Living Room With Walkout To A Front Patio, With Northexposure. Stainless Steel Appliances, Stacked Ensuite Laundry. Den Can Be Converted To Anoffice Or Lounge Area. Front Patio Has Gas Connection For A Barbeque. Owned Undergroundparking. TTC Steps Away. Access To Rouge Valley Convivences, PAN AM Center, Close To 401,Toronto Zoo, And Upcoming TTC Line Extensions. Most Major Retailers Like Walmart And Home Depotonly Minutes Away. Both Primary And High School Close By.

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$619,000 - 8855 Sheppard Avenue Unit 126, Morningside

Condo for Sale in Morningside

139 days on market

Neighbourhood: Rouge E11

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12960448
Property Type
Condo
Status
active
Days on Site
139
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough (Morningside / West Hill)
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Only 6 Years Old - Stunning Urban Townhouse In Rouge, Scarborough. Unit Offers 2Br + Den With 2washrooms. Low Maintenance Fees. Unit Comes With An Amazing Open Layout. Comes With Decentupgrades, Entire House Recently Painted. Living Room With Walkout To A Front Patio, With Northexposure. Stainless Steel Appliances, Stacked Ensuite Laundry. Den Can Be Converted To Anoffice Or Lounge Area. Front Patio Has Gas Connection For A Barbeque. Owned Undergroundparking. TTC Steps Away. Access To Rouge Valley Convivences, PAN AM Center, Close To 401,Toronto Zoo, And Upcoming TTC Line Extensions. Most Major Retailers Like Walmart And Home Depotonly Minutes Away. Both Primary And High School Close By.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

$
$
5%10%50%

5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

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: Rouge E11

Discover Rouge E11

Rouge E11 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 Rouge E11

  • Convenient location in Scarborough (Morningside / West Hill)
  • 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

Rouge E11 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

8855 Sheppard Avenue Unit 126, Scarborough (Morningside / West Hill)

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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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,543

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 $619/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.

Negotiation Opportunity

At 139 days on site, this property has exceeded the typical selling timeline for Morningside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Rouge E11

I know Rouge E11 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: Morningside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8855 Sheppard Avenue Unit 126 | $619,000 | Battaglia Team