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4245 Sheppard AVE Toronto E07, ON M1S 1T7
7 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Municipality Toronto E07
Subdivision Agincourt South-Malvern West
MLS Listing ID E13589838
Annual Tax Amount $31,715
Tax Year 2025
Property Sub-Type Land
Property Description
MULTI-UNIT USER/INVESTOR OPPORTUNITY WITH SIGNIFICANT REDEVELOPMENT UPSIDE. Strategically located on a 0.957-acre site along the rapidly intensifying Sheppard Avenue corridor, less than 800 metres from Agincourt GO Station and within the Sheppard Subway Extension corridor. Improved with an approximately 5,200 SF multi-unit commercial building plus a 5,200 SF basement level, the property offers flexible occupancy for owner-users, income-generating potential through multiple commercial units, ample surface parking and 600 Amp electrical service. For investors, the asset combines current cash-flow potential with long-term appreciation driven by major transit investment and neighbourhood intensification. For developers, the property is designated Mixed Use Areas and benefits from an Avenues Overlay, providing a compelling framework for future mixed-use redevelopment. Surrounded by existing and proposed high-density projects, the site is exceptionally well-positioned within one of Scarborough's key growth corridors. A rare opportunity to acquire a functional income-producing asset today with substantial future redevelopment potential.
Location
Province ON
County Toronto
Community Toronto E07
Area Toronto
Zoning CR 0.4 (c0.4; r0.0) SS3 (x323)
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 155.0
Lot Depth 309.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by CBRE LIMITED