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RE/MAX Premier Inc., Brokerage logo

Suzan McKenzie

RE/MAX Premier Inc., Brokerage

1885 Wilson Avenue Ste 200A, Toronto, Ontario, M9M1A2

Phone: 416-743-2000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/2992 Sheppard Avenue East Condos/A1-05

A1-05

Available

$640,710

$1,152/sq ft

1 Bed + Den·1.0 Bath·556 sq ft·North·$1,152/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

556 sq ft

Exposure

North

Prev: A1-023 / 3
A1-05 Floor Plan at 2992 Sheppard Avenue East Condos - 556 sq.ft
Click to enlarge

Floor Range: 5-16 | Unit Number: 15

Price History

$641K$659K$676K$694K$712KMay 24Nov 24Mar 25

Launch Price

$709,900

$1,277/sq ft

May 29, 2024

Current Price

$640,710

$1,152/sq ft

▼$69,190 (-9.7%)

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
3121 Sheppard Avenue E, Unit 712For SaleStrong Match

$539,000

3121 Sheppard Avenue E, Unit 712

1 Bed + Den1 Bath500-599 sqft
0.1 km·14d on mkt
3121 Sheppard Avenue E, Unit 208For SaleStrong Match

$524,000

3121 Sheppard Avenue E, Unit 208

1 Bed + Den1 Bath500-599 sqft
0.1 km·Built 2023·3d on mkt
3121 Sheppard Avenue E, Unit 315For SaleStrong Match

$538,888

3121 Sheppard Avenue E, Unit 315

1 Bed + Den1 Bath500-599 sqft
0.1 km·Built 2023·34d on mkt
3121 SHEPPARD Avenue E, Unit 1507For SaleStrong Match

$490,000

3121 SHEPPARD Avenue E, Unit 1507

1 Bed + Den1 Bath500-599 sqft
0.1 km·49d on mkt
3121 Sheppard Avenue E, Unit 1003For SaleStrong Match

$575,000

3121 Sheppard Avenue E, Unit 1003

1 Bed + Den1 Bath500-599 sqft
0.2 km·Built 2023·48d on mkt
3121 Sheppard Avenue E, Unit 320For SaleStrong Match

$550,000

3121 Sheppard Avenue E, Unit 320

1 Bed + Den1 Bath500-599 sqft
0.2 km·Built 2023·45d on mkt
For Rent6 listings
3121 Sheppard Avenue E, Unit 1706For LeaseStrong Match

$2,400/mo

3121 Sheppard Avenue E, Unit 1706

1 Bed + Den1 Bath500-599 sqft
0.1 km·6d on mkt
3121 Sheppard Avenue E, Unit 309For LeaseStrong Match

$2,300/mo

3121 Sheppard Avenue E, Unit 309

1 Bed + Den1 Bath500-599 sqft
0.1 km·10d on mkt
3121 Sheppard Avenue E, Unit 617For LeaseStrong Match

$2,350/mo

3121 Sheppard Avenue E, Unit 617

1 Bed + Den1 Bath500-599 sqft
0.2 km·4d on mkt
3121 Sheppard Avenue E, Unit 818For LeaseStrong Match

$2,450/mo

3121 Sheppard Avenue E, Unit 818

1 Bed + Den1 Bath500-599 sqft
0.1 km·13d on mkt
3121 Sheppard Avenue E, Unit 617For LeaseStrong Match

$2,400/mo

3121 Sheppard Avenue E, Unit 617

1 Bed + Den1 Bath500-599 sqft
0.2 km·36d on mkt
3121 Sheppard Avenue E, Unit 1009For LeaseGood Match

$2,375/mo

3121 Sheppard Avenue E, Unit 1009

1 Bed1 Bath500-599 sqft
0.1 km·6d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $640,710

(10% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 120 days 2.5% - 215 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$27,036$32,036May 22, 2026
2.5% - 120 days2.5%$16,018$48,053Aug 20, 2026
2.5% - 215 days2.5%$16,018$64,071Nov 23, 2026
5% - Occupancy5%$32,036$96,107At Occupancy
Total Deposit15.0%$96,107

556 sq ft × $0.59/sq ft = $328/mo

Add-ons

Monthly Mortgage (P&I)$2,717
Property Tax (est.)$347
Maintenance Fees$328
Total Monthly Cost$3,392
Est. Rental IncomeBeta−$2,375
Net Monthly Cost−$1,017

Down payment: $128,142 (20%) · Mortgage: $512,568

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

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