507 - 5580 Sheppard Ave
For SaleSheppard Place CondominiumEst Sell Timeframe 11 Days
$499,000
2 Beds + 1
1 Bath
1 Parking
1,095 SQFT
96 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$623/mth
Taxes:
$973 (2024)
Cost Per Sqft:
$456/sqft
Locker:
None
Outdoor Space:
Enclosed/Solarium
Exposure:
West
Possession Date:
Flexible
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Utility Type
- Air Conditioning
- Window Unit
- Heat Source
- Electric
- Heating
- Baseboard
Room Dimensions
Room dimensions are not available for this listing.
About this Listing
Renovated Condo Unit Located In prime location, 2 bedroom + 1 extra room with specious living room, Upgraded Kitchen Cabinet with Quartz Counter Top, Decorative Backsplash, New Floor Tile and Laminate Flooring, Newly Renovated Bathroom. Step to Transit, Grocery store, Convenience store, Food, Gas station, Shopping, Hwy 401, College and Schools, Great Property for First Time Home Buyers and Investor.
homelife/miracle realty ltdMLS® #E9037498
Amenities
Concierge
Security System
Rec Room
BBQs Allowed
Indoor Parking
Visitor Parking
Explore Neighbourhood
8/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
7/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
13,439
Average Individual Income
$61,171
Average Household Size
3 persons
Average Age
41
Average Household Income
$110,681
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
50%
High Rise Apartment
23%
Semi Detached
12%
Duplex
9%
Low Rise Apartment
3%
Marital Status
Commute
Languages (Primary Language)
English
72%
Other
10%
Tamil
6%
Cantonese
4%
Mandarin
3%
Tagalog
2%
Urdu
2%
Punjabi
1%
Education
High School
28%
University and Above
26%
College
20%
None
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
24%
Architecture & Engineering
18%
Health & Related Fields
15%
Social Sciences
12%
Math & Computer Sciences
7%
Physical Sciences
5%
Education
5%
Personal, Protective & Transportation Services
3%
Humanities
3%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
Sheppard Place Condominium vs The Malvern | White Haven Area
Building Trends At Sheppard Place Condominium
Days on Strata
Units at Sheppard Place Condominium spend an average of
50
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Malvern | White Haven
Turnover of Units
On average, each unit is owned for
11.9
YEARS before being sold againProperty Value
3%
Increase in property value within the past twelve months
Price Ranking
29th
Highest price per SQFT out of 41 condos in the Malvern | White Haven area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
Sheppard Place Condominium offers the best value out of 41 condos in the Malvern | White Haven neighbourhood
?
Appreciation Rank
Sheppard Place Condominium has the highest ROI out of 41 condos in the Malvern | White Haven neighbourhood
?
Rental Yield
Sheppard Place Condominium yields the highest rent prices out of 41 condos in the Malvern | White Haven neighbourhood
?
High Demand
Sheppard Place Condominium is the most popular building out of 41 condos in the Malvern | White Haven neighbourhood
?
Transaction Insights at 5580 Sheppard Avenue E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $375,000 - $400,000 | $412,000 | No Data | $450,000 - $470,000 | No Data | No Data |
Avg. Cost Per Sqft | $621 | $616 | No Data | $402 | No Data | No Data |
Price Range | No Data | No Data | No Data | No Data | $2,650 | No Data |
Avg. Wait for Unit Availability | 151 Days | 423 Days | 93 Days | 163 Days | 315 Days | No Data |
Avg. Wait for Unit Availability | No Data | No Data | 1207 Days | 140 Days | No Data | No Data |
Ratio of Units in Building | 23% | 6% | 32% | 27% | 12% | 2% |
Transactions vs Inventory
Total number of units listed and sold in Malvern | White Haven