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Listed 2 months ago

316 - 5800 Sheppard Avenue E

Malvern, Toronto

$419,000

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

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$718
LockerNone
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,036
mls© NumberE13169712
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$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.

Down payment20% · $83,800
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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