MLS® listing
5580 Sheppard E Avenue 613: common element condo for sale
$329,000
From the listing brokerage
**Gorgeous, Spacious & Beautifully Renovated Model Condo!** Welcome to this absolutely stunning, professionally renovated condo offering exceptional space, style and functionality. Over **$70,000 has been invested in recent renovations and upgrades**, creating a truly move-in-ready home with quality finishes throughout. The open, inviting interior features **gleaming engineered wood flooring, modern designer lighting, zebra blinds, solid wood doors and trims**, and a beautifully updated, spa-inspired bathroom. The modern kitchen is both stylish and functional, featuring **elegant quartz countertops and thoughtfully organized cabinetry** with excellent storage. The versatile layout provides **tons of living space**, including an additional **den with a door** that can easily function as a private home office, guest room or small bedroom-ideal for today's live-and-work lifestyle. Enjoy **central air conditioning with an owned A/C unit** and the comfort of a home that has been thoughtfully upgraded from top to bottom. The location is exceptionally convenient, with **Centennial College, schools, grocery stores, parks, restaurants, shopping, banks, library, recreation centre, hospital and public transit** all close by, with transit conveniently located right outside the building. A rare combination of **generous space, extensive renovations, versatile living areas and outstanding convenience**. This is a home that truly needs to be seen to be appreciated. **Book your private showing today-you won't be disappointed!**
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | None |
| Heating | Baseboard |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $477 |
| Property tax | $926 |
| Tax year | 2025 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North West |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included |
| Building amenities | Elevator, Visitor Parking |
| Balcony | None |
| Laundry | In Building |
| Parking | Underground |
| Interior features | Carpet Free, Primary Bedroom - Main Floor |
| Features | Clear View, Hospital, Library, Park, Public Transit, School |
| View | Clear |
| Floor | 6 |
Listing courtesy of HOMELIFE TOP STAR REALTY INC.. MLS® E13861498.
About this common element condo
5580 Sheppard E Avenue 613 is a 2 bedroom common element condo in TRREB's Malvern community in Toronto, listed for sale at $329,000. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces north west. It comes with 1 parking space according to the listing. The nearest main intersection given is Markham Rd / Sheppard Ave E.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: elevator and visitor parking.
What it costs to buy 5580 Sheppard E Avenue 613
At the asking price of $329,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $329,000 |
|---|---|
| Ontario land transfer tax | $3,410 |
| Toronto municipal land transfer tax | $3,410 |
| Both taxes | $6,820 |
| First-time buyer relief, if you qualify | up to $6,820 |
| Minimum down payment | $16,450 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $477 a month |
|---|---|
| Property tax (2025) | $926 a year, about $77 a month |
| Fee and tax together | about $554 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 5580 Sheppard E Avenue 613
How much is land transfer tax on 5580 Sheppard E Avenue 613?
At the asking price of $329,000 the Ontario tax is $3,410 and the Toronto tax is $3,410, $6,820 in total. A first-time buyer who qualifies can get up to $6,820 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 5580 Sheppard E Avenue 613?
$16,450 at the asking price of $329,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 5580 Sheppard E Avenue 613?
The listing shows $477 a month, including heat, common elements, building insurance, water and parking. Check the current fee in the status certificate.
How much is the property tax on 5580 Sheppard E Avenue 613?
The listing shows $926 a year for 2025, about $77 a month.
How do I book a showing for 5580 Sheppard E Avenue 613?
Use the form on this page or call us. Quote MLS® E13861498. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 5580 Sheppard E Avenue 613 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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