Condos for Sale in Scarborough – 2992 Sheppard by 95 Developments

Project Overview

2992 Sheppard suits first-time buyers and investors who want an entry point into Scarborough at a more approachable price than many central Toronto projects. With prices from $566,910 to $844,110, this pre-construction development by 95 Developments is a mid-sized building rather than a large master-planned community, which can appeal to buyers who prefer something more contained. The project is planned for 15 storeys with 158 units at 2992 Sheppard Avenue East. This stretch of Sheppard East is practical and car-friendly, with day-to-day shopping, casual restaurants, and services close by, and it is also positioned for buyers who rely on transit along a major arterial road. The wider Scarborough location gives you access to established residential neighbourhoods, community centres, and parks, which matters for buyers planning to live in the unit rather than treat it purely as an investment. For investors, that same everyday convenience tends to support consistent rental demand from tenants who want value and functionality over downtown proximity. From a resale perspective, projects in established Scarborough corridors often attract buyers looking for newer housing stock without paying core Toronto pricing. That is the real angle here. It is a straightforward pre-construction option in a built-up part of the east end, with a price range that can work for both end users and landlords who are focused on budget, accessibility, and a familiar neighbourhood setting.