4245 Sheppard Avenue
Toronto E07, ON
- 7 bath
- 0.96 sqft
- Land
- 50 days on market
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.
Listing Details
- Taxes (2025)
- $31,716
- Listed
- July 21, 2026
Price History
Listing history
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Property
- Age
- 51-99
- Lot Size
- 155 x 309 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Sheppard Ave E & Midland Ave
- Zoning
- CR 0.4 (c0.4; r0.0) SS3 (x323)
- Parcel Number
- 061680359
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Residential
- Office / Apartment Area
- 5200 Sq Ft
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
- $719,000
- Homes sold
- 519
- Median days on market
- 23
- Sale-to-list price
- 98.9%
Based on 519 recorded sales of commercial properties in Toronto E07 over the last 12 months.
Listed by
CBRE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $31,716
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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