2992 Sheppard

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Project Details

For sale from:

$566,910

Current Sq.ft.Price

$1,089/sq.ft.

At Launch Sq.ft.Price

$1230/sq.ft.

Change in Price

-$141/sq.ft (-11.5%)

About

2992 Sheppard Ave is located at the intersection of Sheppard Avenue East and Pharmacy Avenue. This ideally located condo will rise 15 storeys and be a short walk from the proposed TTC Sheppard LRT/subway extension. For those who like to drive this amenity-rich neighborhood is just a five-minute drive from HWY 401, 404, and 407.

Highlights

Nestled perfectly at the border of North York and Scarborough, discover the unparalleled convenience of having two dynamic communities right at your doorstep at 2992 Sheppard.
Discover seamless connectivity at 2992 Sheppard, where access to the Greater Toronto Area is moments away.
Experience the epitome of urban living near prestigious educational institutions including Seneca Polytechnic Newnham Campus, University of Toronto Scarborough Campus, Centennial College, Lambton College, and Hanson College.
Whether its a picnic in the park, jogging along scenic trails, or simply unwinding amidst nature, living at 2992 Sheppard provides ample opportunity for leisure pursuits and a healthy lifestyle.

Location & Neighbourhood

Close access to Highway 401, 404, and 407
A short walk from the proposed TTC Sheppard LRT/Subway extension
Short drive to Fairview Mall and the Scarborough Town Centre
6-minute drive to Don Mills Station
11 minute drive to Seneca College Newnham Campus
Close to shops, restaurants, and schools
Many nearby public transportation options
Nearby parks include Scarden Park, Bridlewood Park, Clydesdale Park

1 Bed

From: $566,910

$1,124 /ft

-$116 (-9.4%)

Since Launch

1 Bed + Den

From: $640,710

$1,137 /ft

-$139 (-10.9%)

Since Launch

2 Bed

From: $787,410

$1,106 /ft

-$179 (-13.9%)

Since Launch

3 Bed

From: $838,710

$998 /ft

-$111 (-10.0%)

Since Launch

Deposit Structure

EXTENDED DEPOSIT STRUCTURE

$5,000 Bank Draft on Signing
Balance to 5% in 30 days (2025)
2.5% in 120 days (2025)
2.5% in 215 days (2025)
5% 30 days prior to Occupancy (2027)

SPECIAL DEPOSIT STRUCTURE

$5,000 Bank Draft on Signing
Balance to 5% in 30 days
$2,000 per Month for 10 Months
Balance to 15% 30 days prior to Occupancy

ONLY 7.5% DOWN ON 3 BEDROOMS

$5,000 Bank Draft on Signing
Balance to 5% in 30 days (2025)
2.5% in 360 days (2026)
7.5% 30 days prior to Occupancy (2027)

Incentives

FREE EV-READY PARKING UPGRADE**
VALUED AT $20,000

CAPPED DEVELOPMENT CHARGES
AT $12,500 (+HST) FOR ALL UNITS***

FREE ASSIGNMENT†

FREE RIGHT TO LEASE DURING OCCUPANCY†

Amenities

Bar
Games Room
Lounge
Party Room
Exercise Room
Terrace

Feature Finishes

2 Covered Vehicle Entrances
Limited Suites Per Floor
Balcony/Terrace for all Suites
No Interior Bedrooms
Spacious Layouts

About Developer

95 Developments

95 Developments is one of Toronto’s most innovative and leading construction companies specializing in high-quality developments with a focus on architectural quality and service excellence. They are multicultural and have a deep understanding for many different segments to preserve our strong market presence within the construction industry. They provide a diverse range of specialized services including commercial land development, condominium development, property management, and asset management to meet the housing needs of our growing community.

Quick Facts