1 Reidmount Avenue
Building Details
Listing History for Sheppard Point Condos
Amenities
Maintenance Fees
About 1 Reidmount Avenue — Sheppard 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.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Sheppard Point Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 1 Reidmount Avenue
3 Bed | 3 Bed + Den | |
---|---|---|
Price Range | No Data | $650,000 |
Avg. Cost Per Sqft | No Data | $323 |
Price Range | No Data | $3,500 - $3,600 |
Avg. Wait for Unit Availability | 840 Days | 71 Days |
Avg. Wait for Unit Availability | No Data | 342 Days |
Ratio of Units in Building | 4% | 97% |
Unit Sales vs Inventory
Total number of units listed and sold in Agincourt