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    Sheppard Point Condos

    1 Reidmount Avenue

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    80
    Condo Completion:
    1987
    Condo Demand:
    Low
    Unit Size Range:
    1,500 - 1,875 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Sheppard Point Condos

    Amenities

    Indoor Parking
    Gym Room
    BBQ
    Sauna
    Bike Storage
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 Reidmount AvenueSheppard Point Condos

    Sheppard Point Condos was built in 1987 and remains an appealing location for first time home buyers and families in search of affordable Agincourt condos. 1 Reidmount Ave is 15 storeys tall, with a boxy, traditional frame composed of concrete and lined with large windows. The look is certainly reminiscent of older condo designs, though, the building is well maintained.

    1 Reidmount Ave provides residents with some great shared amenities; saunas, an exercise room, a party room, a meeting room, a recreation room, a bicycle storage area, underground parking, and a concierge service.

    These Scarborough condos have low turnover and as such, rarely appear on the market.

    The Suites

    1 Reidmount Ave is a boutique building, comprising just 80 units spread across 15 storeys. Every unit in the building offers layouts in excess of 1500 square feet; the largest units are just under 1900 square feet. Toronto condos here are ideal for families or empty nesters who need more space than is found in modern condo residences.

    Sheppard Point Condos was constructed before the open concept craze swept residential developments, and many units still feature closed-off floor plans, so buyers will need to renovate if they want to open things up. Suites have large kitchens; most have modern appliances and large cabinets.

    Prospective buyers will likely encounter hard surface flooring in suites, however, there's no accounting for taste, and some could have carpet. Units don't have private balconies but instead feature large sunrooms — which make for a perfect home office. With the combination of low price per square foot and large floor plans, buyers get great value for their buck.

    The Neighbourhood

    Though this condo is located on Reidmount Ave, the building is just steps from a busy stretch of Sheppard Ave East. Numerous businesses are centered around the intersection of Kennedy Rd and Sheppard Ave East; there are well known chains like Domino's Pizza, and unique eateries such as Very Fair Chinese Restaurant and Kabob Guys - Afghan Grill.

    Residents can shop at the nearby Agincourt Mall — the selection is somewhat limited, but there’s an expansive commercial area just south the 401, including a shopping mall: Hudson's Bay Scarborough Town Centre. Nightlife options are few and far between, and mostly consist of restaurants that double as bars.

    Collingwood Park is close to the building for a stroll among the trees; residents of 1 Reidmount Ave can golf at Tam O'Shanter Golf Course or take the kids to Agincourt Arena for swimming and water based recreation programs. There are excellent schools in the neighbourhood, as well as libraries and other essential services.

    Transportation

    1 Reidmount Ave allows for many errands to be completed on foot; Walmart and No Frills are only an 8 minute walk from the building; Shoppers Drug Mart is just 5 minutes away and there are multiple banks in the surrounding area.

    Commuters who rely on GO Transit can reach Agincourt GO in only 3 minutes of walking. For shorter trips, there are bus stops on Kennedy and Sheppard.

    Car owners also have a great starting location as the nearest 401 on-ramp is only minutes away on Kennedy Rd.

    1

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    14,613
    Average Individual Income
    $53,668
    Average Household Size
    0 persons
    Average Age
    44
    Average Household Income
    $99,467
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    34%
    High Rise Apartment
    25%
    Semi Detached
    24%
    Duplex
    8%
    Low Rise Apartment
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Cantonese
    13%
    Other
    11%
    Mandarin
    6%
    Tamil
    6%
    Tagalog
    3%
    Urdu
    2%
    Arabic
    1%
    Education
    High School
    28%
    University and Above
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Health & Related Fields
    13%
    Math & Computer Sciences
    9%
    Social Sciences
    9%
    Physical Sciences
    5%
    Education
    4%
    Humanities
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Sheppard Point Condos spend an average of
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    18%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    10.1
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 40 condos in the Agincourt area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Sheppard Point Condos offers the
    ?
    best value out of 40 condos in the Agincourt neighbourhood

    Appreciation Rank

    Sheppard Point Condos has the
    ?
    highest ROI out of 40 condos in the Agincourt neighbourhood

    Rental Yield

    Sheppard Point Condos yields the
    ?
    highest rent prices out of 40 condos in the Agincourt neighbourhood

    High Demand

    Sheppard Point Condos is the
    ?
    most popular building out of 40 condos in the Agincourt neighbourhood

    Transaction Insights at 1 Reidmount Avenue

    3 Bed3 Bed + Den
    Price RangeNo Data$650,000
    Avg. Cost Per SqftNo Data$323
    Avg. Wait for Unit Availability840 Days71 Days
    Ratio of Units in Building4%97%

    Maintenance Fees

    Sheppard Point Condos vs The Agincourt Area

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