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2992 Sheppard Condos

By: 95 Developments

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2992 Sheppard Avenue East, Scarborough, Toronto, ON

Platinum Access: From $629,900

Condominium

15 Storeys | 158 Suites

1 - 3 Bedroom(s)

476 - 861 Sq Ft

VIP Launch: 2024

Completion: 2027

LIMITED TIME LAUNCH INCENTIVES

• BUY WITH ONLY 10% DOWN EXTENDED DEPOSIT STRUCTURE
• ONLY 7.5% DOWN ON 3 BEDROOMS
• 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†

2992 Sheppard Condos is a new per-construction Condo project located at 2992 Sheppard Avenue East in Scarborough, Toronto. The Major Intersection are Sheppard Avenue East and Pharmacy Avenue in the L’Amoreaux neighbourhood. Developed by 95 Developments Inc. 2992 Sheppard Condos has a total of 15 Stories.

2992 Sheppard Website

 

2992 Sheppard Condos – The Next Worthy Addition to 95 Developments’ Vision

Situated at the vibrant junction of Sheppard and Victoria Park, discover the distinctive 15-storey condominium of 2992 Sheppard Condos. Boasting an array of exclusive suites spanning from 1 to 3 bedrooms, it presents an opportunity to embrace a lifestyle defined by convenience, comfort, and community.

 

Highlights at 2992 Sheppard Condos

Introducing 2992 Sheppard Condos, a promising development nestled in the lively neighborhood of L’Amoreaux in Scarborough. This upcoming project holds significant appeal for investors, offering a blend of convenience, family-friendly amenities, and future growth potential. Here are key highlights to consider:

  • Location: 2992 Sheppard Condos situated in L’Amoreaux, Scarborough, in a vibrant neighborhood.
  • Ideal for Families: Proximity to schools and parks make it family-friendly.
  • Commuter Convenience: Easy access to the city via nearby Fairview Mall subway station; close to highways 401, 404, and 407.
  • Transportation Scores: Walk score of 83/100, transit score of 66/100, and bike score of 52/100.
  • Future Transit Expansion: Benefits from proposed Sheppard subway/LRT extension.
  • Educational Institutions: Nearby major universities and schools including Ryerson University, University of Toronto, and Seneca.
  • Business Professional Appeal: Convenient for professionals with proximity to highways and public transit, providing city access while being outside the core.
  • Fairview Mall Advantage: Offers diverse food, shopping, and entertainment options.
  • Family-Friendly Environment: Surrounded by parks like Bridlewood Park and North Bridlewood Park, suitable for picnics and leisurely strolls.
  • Educational Facilities: Abundance of nearby schools including St Gerald Catholic School, Fairglen Junior Public School, and Bridlewood Junior Public School.

Connectivity

Enjoy effortless travel with transit options and highways just minutes away from 2992 Sheppard.

  • TTC Don Mills Subway Station 5 min
  • TTC Bus Stop <1 min
  • Agincourt GO Train Station 15 min
  • Highway 401 2 min
  • Highway 404 2 min
  • Don Valley Parkway 4 min

Neighourhood

  • CF Fairview Mall – 5 min
  • Scarborough Town Centre – 7 min
  • North York General Hospital – 7 min
  • Seneca College – 12 min
  • Centennial College – 12 min
  • University of Toronto Scarborough – 15 min
  • Toronto Zoo & Rouge National Park – 16 min
  • Downtown Toronto – 20 min

 

Reason to Invest In 2992 Sheppard Condos

  1. Prime Location: Nestled at the bustling intersection of Sheppard Avenue East and Victoria Park Avenue, 2992 Sheppard Condos offers unparalleled access to urban conveniences. Situated in the heart of Scarborough’s L’Amoreaux neighborhood, residents will enjoy proximity to essential amenities, including shopping centers, restaurants, and entertainment venues. With easy access to major highways and public transportation hubs like Fairview Mall subway station, this prime location ensures seamless connectivity to the rest of Toronto, making it an ideal investment opportunity for those seeking both convenience and accessibility.
  2. Diverse Suite Options: 2992 Sheppard Condos presents an exclusive collection of suites ranging from 1 to 3 bedrooms, catering to a diverse range of lifestyles and preferences. Whether you’re a young professional seeking a cozy urban retreat or a growing family in need of spacious living quarters, there’s a suite perfectly suited to your needs. Each unit is thoughtfully designed with modern finishes and functional layouts, offering residents a comfortable and stylish living space to call home. With such diverse suite options available, investing in 2992 Sheppard Condos provides an opportunity to tailor your investment to meet the demands of Toronto’s dynamic real estate market.
  3. Potential for Growth: Beyond its immediate appeal, investing in 2992 Sheppard Condos offers the potential for long-term growth and appreciation. Situated in a neighborhood undergoing urban revitalization and development, this condominium represents more than just a residence—it’s an investment in the future. As Scarborough continues to evolve and attract new residents and businesses, property values in the area are expected to rise, providing investors with the opportunity to benefit from capital appreciation over time. With its strategic location and promising future prospects, 2992 Sheppard Condos presents a compelling opportunity for investors looking to capitalize on Toronto’s thriving real estate market.

 

About the Developer: 95 Developments Inc

95 Developments stands as a pinnacle in Toronto’s construction landscape, renowned for pioneering approaches and delivering top-tier developments marked by architectural excellence and unparalleled service.

Property Details

  • Developer: 95 Developments
  • Architect: Gold Land Architects and Engineers
  • Building Type: Condominium
  • Ownership: Condominium
  • Building Status: Pre-construction
  • Selling Status: Platinum Access
  • Storeys: 15
  • Suites: 158
  • Suite Type: 1 - 3
  • Suite Size: 476 - 861
  • Launch: 2024

Pricing & Fees

  • Price: $629,900
  • Cost of EV Parking: $60,000
  • Parking Availability: For 2B and larger. All other units will be waitlisted.
  • Locker Availability: Waitlist
  • Maintenance Fee: $0.59/Sq.Ft.
  • Notes: Hydro, Water and Gas separately metered.
  • Lawyer: FRIEDMANS LLP, IN TRUST

Deposit Structure

BUY WITH ONLY 10% DOWN
EXTENDED DEPOSIT STRUCTURE
• $5,000 Bank Draft on Signing
• Balance to 5% in 30 days (2024)
• 2.5% in 120 days (2024)
• 2.5% in 215 days (2025)
• 5% 30 days prior to Occupancy (2027)

ONLY 7.5% DOWN ON 3 BEDROOMS
• $5,000 Bank Draft on Signing
• Balance to 5% in 30 days (2024)
• 2.5% in 360 days (2025)
• 7.5% 30 days prior to Occupancy (2027)

Current Incentives

LIMITED TIME LAUNCH INCENTIVES

  • BUY WITH ONLY 10% DOWN EXTENDED DEPOSIT STRUCTURE
  • ONLY 7.5% DOWN ON 3 BEDROOMS
  • 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†

Building Amenities

  • Fitness Studio
  • Lobby Lounge
  • Co-Working Lounge
  • Games Room
  • Party Room
  • Outdoor Terrace


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