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Price Change$429,900

517 - 5800 Sheppard Avenue E

Malvern, Toronto

$399,900

Condo Apartment |
2 | 3 | 1 | 0
About this home

Welcome to a home that offers the space and feel of a townhome with the ease of condominium living. This distinctive two-storey residence offers approximately 1,326 sq. ft. of well-designed living space, with two bedrooms, three bathrooms and plenty of room to live, work and relax. Thoughtful separation between the living and sleeping areas gives the home a comfortable sense of privacy, while the private patio adds an inviting outdoor retreat.The main level features a generous living and dining area, functional kitchen, convenient laundry, powder room and a versatile additional room ideal for a home office, den or flex space. Upstairs, both spacious bedrooms enjoy their own private 4-piece ensuite bathrooms, while the primary bedroom offers a walkout to a private patio - a rare and enjoyable feature in condominium living.Underground parking is included, and the monthly maintenance fee covers heat, hydro, water, central air conditioning, parking, building insurance and common elements, providing considerable value and predictability in monthly housing costs. Residents also enjoy amenities including a fitness room, sauna, security and visitor parking.For buyers looking for more room to live, work and relax without moving into a traditional townhouse, this is an opportunity worth seeing. Conveniently located near Highway 401, public transit, shopping, parks and everyday amenities.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,191
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,388
mls© NumberE13791068
Listed ByGordons Real Estate Brokerage
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,047
Property tax
$116
Heat allowance
$150
Condo fees, half counted
$595
Housing costs
$2,908 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,980
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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