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316 - 5800 Sheppard Avenue E
Malvern, Toronto
$419,000
The math on this one just works. Suite 316 delivers in ways that are genuinely hard to find at this price point. At nearly 800 sqft, the layout is refreshingly practical, with a den that functions as a true second bedroom, a dedicated laundry room with its own space, and an eat-in kitchen that gives you a proper place to cook, sit, and live. Add in natural light, a renovated kitchen, an updated bathroom, flooring throughout, parking included, and all utilities covered in the maintenance fee. Steps to TTC, minutes to the 401, Scarborough Town Centre, and Centennial College - practical condo living with the numbers to back it up.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $718 |
| Locker | None |
| Balcony | None |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,036 |
| mls© Number | E13169712 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,145
- Property tax
- $86
- Heat allowance
- $150
- Condo fees, half counted
- $359
- Housing costs
- $2,740 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,763 / mo
- Cash down
- $83,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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