5 Old Sheppard Ave 701
Pleasant View, North York, M2J 4K3
FOR SALE
$639,999
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Property Description
***WOW*** Beautiful and Renovated 3-Bedroom, 2-Bath Condo in Pleasant View neighbourhood with East Facing Unit experiencing breathtaking sunrise. Ideally situated near major highways (404, 401, and 407) and just a short walk to the subway and bus routes, this home is a commuters dream, whether you drive or rely on public transit, getting around the city is effortless.Enjoy all the perks of urban living with Fairview Mall, Shops at Don Mills, top-rated restaurants, and everyday essentials just minutes away. Inside, the bright and spacious layout boasts stylish updates, including a contemporary renovated kitchen, bathroom, upgraded ceramic flooring, and elegant finishes throughout, new windows. Large bedrooms, ensuite laundry, and a generous balcony enhance both comfort and functionality.This unit also includes a parking spot and a second one for additional $500/yr for added convenience. The buildings resort-style amenities make it truly exceptional. Relax in the indoor pool and sauna, stay active with the gym, basketball, squash, and tennis courts, or unwind in the recreation rooms. Host gatherings in the party room, play billiards or ping pong, and take advantage of the BBQ area in the warmer months.The beautifully maintained, gated community ensures a secure and tranquil retreat from the city. Plus, maintenance fees cover high-speed internet, TV, all utilities, security, and full access to these outstanding amenities. Don't miss this opportunity to own a stylish, well-connected, and amenity-rich condo in the heart of Toronto! Location Ideally situated near schools, parks, public transportation, shops, and restaurants. Enjoy quick access to Sheppard Ave E/ Hwy 404, and highways, subway, etc.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-02 | 2022-02-07 | 5 | $529,000 | $611,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,867 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.66' x 18.70' | Parquet Floor, Combined W/Dining, Balcony |
| Dining | Flat | 7.87' x 9.84' | Parquet Floor, Combined W/Living, Led Lighting |
| Kitchen | Flat | 12.80' x 7.87' | Ceramic Floor, Large Window, Renovated |
| Laundry | Flat | 7.87' x 4.92' | Ceramic Floor, Led Lighting, Closet Organizers |
| Br | Flat | 10.83' x 15.75' | Parquet Floor, 2 Pc Bath, Closet |
| 2nd Br | Flat | 7.87' x 12.80' | Parquet Floor, Closet, Large Window |
| 3rd Br | Flat | 7.87' x 12.80' | Parquet Floor, Closet, Window |
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North York Market Statistics
North York Price Trend
5 Old Sheppard Ave 701 is a 3-bedroom 2-bathroom condo listed for sale at $639,999, which is $562,534 (46.8%) lower than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in North York increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.Inventory Change
There were 216 3-bedroom condos listed in North York over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in North York typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom condos in North York over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in North York stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Homeview Realty Inc.
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