5580 Sheppard Ave E 224
Malvern, Scarborough, M1B 2L3
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSE4108132
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Property Description
Bright, Spacious 2-Storey Condo With Oversized Terrace! Fantastic Location! Beautifully Kept & Modernized! Open Concept Main Floor With Electric Fireplace. Chef's Kitchen With Granite Countertops, Oversized Fridge & Breakfast Bar.Use Main Floor Den As Pantry Or Convert To Powder Room (Existing Rough In Plumbing). On The 2nd Floor, Find A Newly Renovated 4Pc Washroom & 3 Large Bedrooms With Closets.Great For Investors To Convert Back Into 2 Legal Units!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2020-11-06 | 2020-12-02 | 26 | $399,999 | $400,000 | Sold |
Extras
Custom Chef's Kitchen, Built -In Appliances: All Existing Window Coverings, Al Existing Light Fixtures, Italiene Porcelain Tiles. Condo Fees Include Heat, Water & Parking. Great Opportunity To Own In The At An Affordable Price.
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1200-1399
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Undergrnd
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 21.00' x 11.58' | Combined W/Dining, W/O To Balcony, Heated Floor |
Dining | Flat | 21.00' x 11.58' | Combined W/Living, W/O To Balcony, Wood Floor |
Kitchen | Flat | 6.99' x 12.50' | Renovated, B/I Appliances, Stone Counter |
Master | 2nd | 12.40' x 9.68' | Large Window, Closet |
2nd Br | 2nd | 12.60' x 7.84' | Large Window, Closet |
3rd Br | 2nd | 8.66' x 7.74' | Large Window, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
5580 Sheppard Ave E 224 is a 3-bedroom 1-bathroom condo listed for sale at $349,000, which is $537,439 (60.6%) lower than the average sold price of $886,439 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough declined by $79,682 (8.2%) compared to the previous 30 day period (January 29 - February 27) and down $33,769 (3.7%) from the same time one year ago.Inventory Change
There were 223 3-bedroom condos listed in Scarborough over the last 30 days (February 28 - March 28), which is up 6.2% compared with the previous 30 day period (January 29 - February 27) and up 40.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($2,827) (0.3%) below asking price over the last 30 days (February 28 - March 28), which represents a $26,688 increase compared to the previous 30 day period (January 29 - February 27) and ($21,889) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom condos in Scarborough over the last 30 days (February 28 - March 28) stood at 42.2%, up from 35.2% over the previous 30 days (January 29 - February 27) and down from 54.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom condo in Scarborough stood at 29 days when successfully sold over the last 30 days (February 28 - March 28), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc., Brokerage
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