4155 Sheppard Avenue
Toronto E07, ON
- 40,838 sqft
- Land
- 134 days on market
4151-4155 Sheppard Avenue East & 5 Lamont Avenue represents a rare opportunity to acquire a fully zoned, transit-oriented high-rise development site in the heart of Scarborough, directly across from Agincourt GO Station. All three properties are included in the listing price and related development application. The property benefits from an OLT-approved settlement permitting a 39-storey residential tower with approximately 409,000 SF of GFA. An alternative development concept has also been prepared, outlining a reduced-scale program of approximately 297,000 SF of GFA over 25-storeys. The site sits on 0.93 acres of land with interim holding income from a diverse mix of tenancies. This opportunity allows investors to pursue either the fully approved density or a right-sized alternative program, delivering optionality in a constrained development market. Supported by strong rental fundamentals, limited new supply, and continued intensification along the Sheppard corridor, this offering presents a compelling opportunity to capitalize on both near-term execution and long-term growth within one of Toronto's most dynamic emerging nodes.
Listing Details
- Taxes (2026)
- $77,491
- Originally Listed
- $15,499,000
- Listed
- May 4, 2026
Price History
Property
- Lot Size
- 179 x 269 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Sheppard Ave E & Lamont Ave
- Zoning
- CR0.58(c0.58;r0)*326)
- Parcel Number
- 061640153
- Possession
- Immediate
- Occupancy
- Tenant
Community
Postal area M1S
- Population
- 37,663
- Private dwellings
- 14,021
- Median age
- 44.4
- Average household size
- 2.8
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E07 · last 12 months
- Median sold price
- $738,000
- Homes sold
- 513
- Median days on market
- 23
- Sale-to-list price
- 98.8%
Based on 513 recorded sales of commercial properties in Toronto E07 over the last 12 months.
Listed by
LENNARD COMMERCIAL REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 40,838 sq ft
- Price per sq ft
- $306.06
- Annual property tax
- $77,491
- Tax per sq ft
- $1.90
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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