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Condo ApartmentListed 44 days ago

$329,000

5580 Sheppard Avenue E 113, Toronto, ON M1B 2L3

Malvern · Toronto · M1B 2L3

Listing brokerage: RE/MAX REALTRON REALTY INC.

Beds
1
Baths
1
Sq ft
600–699
Parking
1
Virtual tour

Monthly costs

Maintenance

$464/mo

$0.71 per sq ft

Property taxes

$65/mo

$784 a year (2025)

About $529 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Parking
  • Covered: Cable TV
  • Covered: Building Insurance
  • Covered: Common Elements
  • Not covered: Hydro

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
East
Parking
1 spot · Underground
Locker
None
Balcony
Terrace
Laundry
Electric Dryer Hookup, Washer Hookup
Possession
Flexible

The building

Sheppard Place Condominium

5580 Sheppard Ave E · Malvern

  • 2 for sale
  • 13 floors
  • 140 suites

About this home

***Absolutely Newley Renovated, Bright & Spacious Corner Unit Condo with 1 Bedrooms +1 Bathrooms +1Parking in a High-Demand Markham Rd & Sheppard ave Area!**. Exceptional Opportunity to Own Instead of Rent!***offering an excellent combination of comfort, convenience, and Value.***This Beautiful condo unit features an open-concept layout with a walk-out to a private balcony.***Enjoy an upgraded kitchen with quartz countertops and stainless-steel appliances, along with En-Suite Laundry a washer and dryer rough-in conveniently available in the unit. ***All Your Needs Are In Walking Distance!***Easy Front & Back Entrance Access To The Building.***Conveniently Close To Hwy 401, Uoft Scarborough, Centennial College, Shopping Malls, Schools, Parks, Plazas, Ttc At Door Step & More.!!An exceptional opportunity for first-time buyers, families, and investors alike. ***Don't miss this must-see property!!!***

All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Size
600-699 sq ft

Features

  • Carpet Free

Building & Amenities

Elevator
Yes
Floor
1
Property management
Property Services Enterprise Inc

Heating & Cooling

Heating
Baseboard
Heat source
Electric
Cooling
Central Air

Parking

Covered spaces
1

Features

  • Underground

Exterior & Lot

Style
Apartment
Exterior
Concrete Block, Brick

Taxes & Fees

HST
Included In

Listing

MLS® number
E13729698
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Malvern
Original price
$299,000
Cross streets
Markham Rd/ Sheppard Ave E
Rooms · 5Living Room, Dining Room, Kitchen, Primary Bedroom, Washroom
  • Living Room

    Main

    6.15 × 2.75 m · 20′2″ × 9′0″

    Vinyl Floor

  • Dining Room

    Main

    6.15 × 2.75 m · 20′2″ × 9′0″

    Vinyl Floor

  • Kitchen

    Main

    2.30 × 1.84 m · 7′7″ × 6′0″

    Ceramic Floor

  • Primary Bedroom

    Main

    5.87 × 2.84 m · 19′3″ × 9′4″

    Vinyl Floor

  • 4-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

5580 Sheppard Avenue E 113, Toronto, ON M1B 2L3 · Near Markham Rd/ Sheppard Ave E

Monthly cost

Estimated monthly cost

$1,986/mo

Mortgage
$1,457
Property tax
$65
Maintenance
$464
Down payment$65,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$74,778

$65,800 down + $8,978 to $10,228 in closing costs

Ontario land transfer tax
$3,410
Toronto land transfer tax
$3,410
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$39
Condo fee adjustment
$269

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

Other homes in Sheppard Place Condominium

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$329,000

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