Just Listed
Address
204 Sheppard Avenue W, Toronto, ON
Price
$ 2,588,000
Property Attributes
  • ID#C13808150
  • TypeCommercial
  • Listing Status New
  • CityToronto
  • AreaLansing-Westgate
  • NeighbourhoodLansing-Westgate
  • Postal CodeM2N 1N1
  • StyleOffice
  • Taxes$ 10696
  • Price$ 2,588,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2886
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
9/21/2026 Listed $2,588,000

General Features

Cooling Yes
Utilities Yes
Security Features No
Heater Type Gas Forced Air Closed
Parking Spaces 13
Property Subtype Office
Tax Year 2026
Lot Depth 117.67
Community Features Public Transit,Subways
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Toronto C07
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 10696.31
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type None
SoilTest Yes
Spa No
Building Area Total 2886.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M2N 1N1

Price
AVG $2.59M
$2.59M
Taxes
AVG $10,696
$10,696