5131 Sheppard Ave E

This 26-storey high-rise residential condominium at 5131 Sheppard Ave E in Malvern, Toronto, was completed in 2021 and contains approximately 817-square-foot units averaging around $520,000 in recent sales. Monthly maintenance fees average roughly $398, or $0.59 per square foot, covering heat, water, and building insurance. The building features a gym, yoga room, recreation room, community garden and greenhouse, and BBQ facilities. Located near shopping at Markham and Sheppard Plaza, transit access, and close to Centennial College and the University of Toronto Scarborough Campus, this property appeals to both owner-occupants and investors. Before committing to purchase, obtain a professional review of the status certificate, reserve fund study, financial statements, by-laws, insurance, and board minutes.