Selling Now

2992 Sheppard by 95 Developments in Scarborough

2992 Sheppard Ave E, Scarborough

From $500,000 Occupancy 2027

Get floor plans & prices Call 416-878-0749

Key facts

Status: Selling Now
Price: From $500,000
Occupancy: 2027
Home types: Condos
Bedrooms: One Bedroom – Three Bedroom Suites
Sizes: 476 – 844 sq. ft.
Builder: 95 Developments

Last verified: Oct 25, 2026

Latest incentives

Platinum VIP Pricing & Floor Plans, Priority First Access to the Best Unit Selection and Availability, Capped Development Charges ($12,500 + HST for All Units), Free Assignment Clause, Property Management & Leasing Services Available, Complimentary Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Free EV Parking Upgrade, and Free Right to Lease During Occupancy.

About 2992 Sheppard

Experience the perfect blend of convenience, comfort, and urban lifestyle at 2992 Sheppard Condos, an exciting new condominium development coming soon to Scarborough. Ideally located at the intersection of Victoria Park Avenue and Sheppard Avenue East, this project offers residents exceptional connectivity to some of Toronto’s most important destinations, making everyday living effortless and enjoyable.

Residents will benefit from quick access to major highways including Highway 401 and Highway 404, allowing for smooth travel throughout the Greater Toronto Area. Public transit is also easily accessible with the nearby Don Mills Subway Station, providing a convenient commute to Downtown Toronto and beyond. The area is surrounded by an impressive selection of shopping, dining, healthcare, and educational facilities, including CF Fairview Mall, Scarborough Town Centre, North York General Hospital, and the University of Toronto Scarborough Campus. With everything you need just minutes away, 2992 Sheppard Condos places you at the center of a thriving community.

Reasons to Buy 2992 Sheppard Condos

Strong Population Growth & Economic Outlook

Scarborough is a vibrant district within Toronto, the largest city in Canada, currently home to more than 2.7 million residents and continuing to grow rapidly. According to housing forecasts, Toronto will require approximately 259,000 new homes by 2031 to accommodate its expanding population. However, projections indicate that only about 157,800 homes will be built during this period. This significant housing shortage of over 100,000 homes is expected to increase demand for both ownership and rental properties, which may drive property values and rental rates higher in the coming years.

A World-Class Global City

Toronto is widely recognized as one of the most diverse and multicultural cities in the world. The city continues to attract international immigrants, professionals, and students thanks to its strong economy and high quality of life. Toronto also boasts one of North America’s fastest-growing technology sectors and is home to the second-largest financial centre in North America. In addition, the city features three prestigious universities: University of Toronto, Toronto Metropolitan University, and York University. With excellent safety standards, diverse culture, and endless entertainment and dining options, Toronto continues to be one of the most desirable places to live in Canada.

Excellent Connectivity & Transportation

Residents of 2992 Sheppard Condos will enjoy exceptional transportation options throughout the city. The area is serviced by the Toronto Transit Commission (TTC) bus network, nearby subway lines, and several GO Transit stations. Major highways such as Highway 401 and Highway 404 provide convenient access across the Greater Toronto Area. Residents will also benefit from proximity to Toronto Pearson International Airport and the upcoming Sheppard East LRT, which will further enhance transit accessibility in the region.

Prime Location in Scarborough

Living in Scarborough means enjoying easy access to both urban amenities and natural attractions. Residents can quickly reach Downtown Toronto by car or public transit while enjoying nearby landmarks such as Scarborough Town Centre, Toronto Zoo, Centennial College, Rouge National Urban Park, and the iconic Scarborough Bluffs. This balance of city living and natural beauty makes Scarborough one of Toronto’s most appealing and rapidly growing communities.