Condo for sale at 308-5580 Sheppard Avenue, Toronto, Ontario, M1B 2L3 - Malvern - MLS: E12279553

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308-5580 Sheppard Avenue

Toronto, Ontario, M1B 2L3 - Malvern

$479,000

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Neighbourhood

Malvern
Major Intersection

Markham Rd and Sheppard Ave.

Listed Since: 10 day(s)
Last update: 10 day(s) ago

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Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

2 + 2
Bathrooms

1
Square Feet

1000-1199
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$622
Taxes

$973.00 (2024)
Balcony

None

Property Description

Property description for 308-5580 Sheppard Avenue, Toronto

Spacious 2-Bedroom + 3 Den | +1,100 Sq. Ft. of Flexible Living in Prime Location! Welcome to this rare 2-bedroom + 3 den condo offering approx. 1,150 sq. ft. of well-designed, move-in-ready space in one of Scarboroughs most convenient locations. Freshly painted in neutral tones, this bright and functional layout is perfect for families, professionals, or investors. The clean, well-kept kitchen features stainless steel appliances and a functional design, ideal for everyday living. The spacious primary bedroom includes a walk-in closet, and three versatile dens provide excellent flexibility perfect for home offices, guest rooms, creative space, or an additional bedroom. The solarium-style den has plenty of natural light. Enjoy the convenience of ensuite laundry, indoor parking, and a well-managed, community- oriented building with low carrying costs. Located at Markham & Sheppard, this home offers a short commute to Centennial College, University of Toronto Scarborough, Sheppard Square Childcare Centre, schools, parks, shopping, and dining. With easy access to Highway 401, TTC at your doorstep, and the upcoming McCowan subway extension, this location is ideal for drivers and transit users alike. Maintenance fees include heat, water, building insurance, cable & internet. Don't miss this chance to own a spacious, flexible, and well-located home in a high-demand, growing neighborhood!

Listed by CENTURY 21 INNOVATIVE REALTY INC.

Property details

MLS #

E12279553
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Parking, Water
Property Management

Simsons Property Management
Heat

Baseboard
A/C

Window Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

E12279553
Sq. Ft

1000-1199
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Cable, Heat, Parking, Water
Property Management

Simsons Property Management
Heat

Baseboard
A/C

Window Unit
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 308-5580 Sheppard Avenue, Toronto

This property has been sold 5 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Condo Apt in Malvern

Active listings

Average Selling Price of a Condo Apt

June 2025

$477,000

Last 3 Months

$464,225

Last 12 Months

$486,530

June 2024

$514,714

Last 3 Months LY

$526,148

Last 12 Months LY

$509,341

Change

-7%

Change

-12%

Change

-4%

Historical Average Selling Price of a Condo Apt in Malvern

Average Selling Price

3 years ago

$498,825

Average Selling Price

5 years ago

$407,753

Average Selling Price

10 years ago

$198,687

Change

-4%

Change

17%

Change

140%

Number of Condo Apt Sold

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

-71%

Change

-36%

Change

-20%

How many days Condo Apt takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

-73%

Change

-13%

Change

50%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.