
Unit 308, 5580 Sheppard Avenue E
Scarborough (Malvern), ON M1B 2L3
Sheppard Place Condominium13 storeys, 140 suites, built 1985- 2+2Bedrooms
- 1Bathroom
- 1Parking
- 1000–1199Sq Ft
- $973Tax
- $622/moCondo Fee
- Estimated Value:$444,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 308, 5580 Sheppard Avenue E, Scarborough, Malvern
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-11 | 2025-09-09 | Login to See Prices | Expired | e12279553 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 308, 5580 Sheppard Avenue E, Scarborough, Malvern
Spacious 2-Bedroom + 3 Den | +1,100 Sq. Ft. of Flexible Living in Prime Location! Welcome to this rare 2-bedroom + 3 den condo offering approx. 1,150 sq. ft. of well-designed, move-in-ready space in one of Scarboroughs most convenient locations. Freshly painted in neutral tones, this bright and functional layout is perfect for families, professionals, or investors. The clean, well-kept kitchen features stainless steel appliances and a functional design, ideal for everyday living. The spacious primary bedroom includes a walk-in closet, and three versatile dens provide excellent flexibility perfect for home offices, guest rooms, creative space, or an additional bedroom. The solarium-style den has plenty of natural light. Enjoy the convenience of ensuite laundry, indoor parking, and a well-managed, community- oriented building with low carrying costs. Located at Markham & Sheppard, this home offers a short commute to Centennial College, University of Toronto Scarborough, Sheppard Square Childcare Centre, schools, parks, shopping, and dining. With easy access to Highway 401, TTC at your doorstep, and the upcoming McCowan subway extension, this location is ideal for drivers and transit users alike. Maintenance fees include heat, water, building insurance, cable & internet. Don't miss this chance to own a spacious, flexible, and well-located home in a high-demand, growing neighborhood!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $973
- Land Transfer Tax Fee
- $12,110
Condo/Maintenance Fee
- Maintenance Fee
- $622 /month
Included In Maintenance Fee
- Heat Included
- Common Elements Included
- Building Insurance Included
- Parking Included
- Water Included
- Cable TV Included
Rental Items
- Rental Equipment
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Common Area, Ensuite, Gas Dryer Hookup, Washer Hookup
- Interior Extras
- Carpet Free, Primary Bedroom - Main Floor
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 3
Construction
- Exposure
- West
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, Dish washer, Stove, Microwave Oven, Washer and Dryer, Electric Light Fixtures included.
Exclusions
- Exclusions
- All staging items
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Window Unit(s)
- Bedrooms
- 2 + 2
- Washrooms
- 1
- Kitchens
- 1
Washrooms
- 4-piece, Main
- Municipality
- Scarborough
- Neighbourhood
- Malvern
- Main cross streets
- Markham Rd and Sheppard Ave.
- Directions
- Markham Rd and Sheppard Ave.
- MLS® number
- E12279553
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-09
- Listed on
- 2025-07-11
- Days on market
- 60 days
- Possession date
- 2025-07-08
- Possession type
- Immediate
- Co-op commission
- 2.5% plus HST
- Seller
- Listed by
- CENTURY 21 INNOVATIVE REALTY INC.
Home Market Value
Current home valuation for Unit 308, 5580 Sheppard Avenue E, Scarborough, Malvern, Scarborough, ON. Listed for $479,000
HOMEH Estimate
$444,000
Estimated Sales Range
$379,000 - $508,000
HOMEH Estimate for Unit 308, 5580 Sheppard Avenue E, Scarborough, Malvern
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,950
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,202 | $13,364 | $11,400 | $0 |
=Total mortgage | $473,252 | $444,464 | $418,550 | $383,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,311monthly | $2,170monthly | $2,044monthly | $1,871monthly |
Land Transfer Tax
$6,055
$6,055
$12,110
Around this home
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