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Listed 2 months ago

309 - 3220 SHEPPARD Avenue E

Tam O'Shanter-Sullivan, Toronto

$499,999

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

Welcome to East Luxury Condos! This beautifully maintained unit has been freshly repainted and is move-in ready, perfect for the next proud owner to enjoy and care for. Offering a stylish and functional urban living space, the unit features a spacious open-concept layout that seamlessly blends the living and dining areas, ideal for both everyday living and entertaining. The large primary bedroom includes a private ensuite for added comfort, complemented by a second full 2-piece bathroom-perfect for guests or additional convenience. The versatile den provides the perfect nook for a home office, additional workspace, Kid bedroom or playroom . Enjoy the convenience of an eat-in kitchen with ample storage throughout the unit, as well as a lovely private balcony-perfect for relaxing after a long day. Residents have access to exceptional building amenities, including a rooftop garden terrace with stunning city views and barbecue facilities. Located in a highly convenient area with public transit right at your doorstep, and just minutes to parks, Fairview Mall, schools, and major highways. Includes 1 parking space. A fantastic opportunity for first-time buyers, downsizers, or investors!

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$400
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,036
mls© NumberE13463214
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Heat 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%
$2,559
Property tax
$170
Heat allowance
$150
Condo fees, half counted
$200
Housing costs
$3,079 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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