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New2 days ago

520 - 3220 Sheppard Avenue E

Tam O'Shanter-Sullivan, Toronto

$597,000

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Brand New Builder Inventory! Spacious 2 Bedroom + Den, 2 Bathroom suite offering 909 sq. ft. of thoughtfully designed living space with north exposure overlooking beautiful green views, providing abundant natural light.This modern unit features an open-concept layout with a stylish kitchen complete with stainless steel appliances, granite countertops, elegant cabinetry, a deep upper fridge, upgraded backsplash tile, and under-cabinet valance lighting with trim.The smart floor plan includes two spacious bedrooms, each with a walk-in closet, plus a generous den with its own closet, making it ideal as a third bedroom, home office or kids' room. An excellent opportunity to own a brand-new home with quality finishes, functional living space, and exceptional convenience. Perfectly situated with easy access to Highways 401 and 404, Don Mills Subway Station, CF Fairview Mall, Scarborough Town Centre, parks, restaurants, shopping, and public transit, this home offers an unbeatable combination of connectivity and lifestyle.Ideal for professionals, couples, or small families seeking modern urban living in a vibrant and well-connected neighbourhood. Be the very first to call this stunning contemporary suite your home!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size900-999 sq. ft.
Maintenance Fees$605
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,670
mls© NumberE13804944
Listed ByRIGHT AT HOME REALTY EXCELLENCE
Heat Included
Building Insurance Included
Common Elements Included
CAC Included
Parking 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%
$3,056
Property tax
$223
Heat allowance
$150
Condo fees, half counted
$302
Housing costs
$3,731 / mo

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

Down payment20% · $119,400
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,512 / mo
Cash down
$119,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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