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$ 2,680,000
Est. payment /mo
Active
204 Sheppard AVE W Toronto C07, ON M2N 1N1
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto C07
Subdivision Lansing-Westgate
MLS Listing ID C13470830
Style 2-Storey
Bedrooms 7
Annual Tax Amount $10,696
Tax Year 2026
Property Sub-Type Triplex
Property Description
Rare opportunity to own a well-maintained, newer mixed-use building (built in 2004) in the highly sought-after Yonge & Sheppard corridor, just a short walk to the Yonge-Sheppard subway station and minutes from Highway 401. Zoned for both commercial and residential use, this versatile property offers exceptional flexibility for investors, owner-users, and future redevelopment opportunities. The building features three self-contained levels with separate entrances, each approximately 962 sq. ft. The main floor boasts 9-foot ceilings and pot lights throughout, while the second floor offers abundant natural light through a skylight. The lower level features 8-foot ceilings and eight large above-grade windows, creating a bright and functional space. Situated on a generous lot with 13 parking spaces, the property is ideal for a wide range of professional and commercial uses, including medical, legal, educational, and consulting offices, while also accommodating residential occupancy. Generate income from up to three separate units plus parking rentals, or occupy part of the building while leasing the remainder. Located in the heart of North York's rapidly evolving downtown core, the property is surrounded by numerous approved and proposed residential and commercial developments, with convenient access to two subway lines. Recent upgrades include a new gas furnace and central air conditioner (2025).An exceptional opportunity to invest, operate, or position yourself for future growth in one of Toronto's most dynamic urban centers.
Location
Province ON
County Toronto
Community Toronto C07
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Countertop Range
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Unknown
Lot Frontage 50.0
Lot Depth 117.67
Total Parking Spaces 13
Building
Foundation Unknown
Others
ParcelsYN No
Listed by ONE PERCENT REALTY LTD.
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