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Price Change$299,000

613 - 5131 Sheppard Avenue E

Malvern, Toronto

$355,000

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

Welcome to 5131 Sheppard Ave E! Right at Markham Rd and Sheppard, close to everything ! This bright and inviting condo offers a functional layout designed for everyday living in a convenient Scarborough location. The open-concept living and dining area provides a versatile space to relax or entertain, while the modern kitchen flows seamlessly into the main living area, move-in-ready feel throughout. Ideally situated with easy access to TTC, Highway 401, Minutes from Scarborough Town Centre, U of T Scarborough, Centennial College, dining, parks and everyday essentials. A fantastic opportunity for first-time buyers, downsizers or investors looking to own in a well-connected and growing community. Don't miss your chance to call this one home!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleBachelor/Studio
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$347
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$1,463
mls© NumberE13754644
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
Common Elements Included
Building Insurance Included
Water 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%
$1,817
Property tax
$122
Heat allowance
$150
Condo fees, half counted
$174
Housing costs
$2,262 / mo

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

Down payment20% · $71,000
25-yr amortization

Income needed

$70,000

gross annual household income

Payment at 4%
$1,494 / mo
Cash down
$71,000

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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