204 Sheppard Avenue West

Toronto, ONMulti-family
$2,588,000
MLS® C13808146
Multi-family7 beds3 baths13 total
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About This Property

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. (id:63604)

Key Facts

Type
Multi-family
Beds
7
Baths
3
Size
1,500 sqft
Lot
50 x 117.7 FT
Parking
13 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Range
  • Dryer
  • Window Coverings
Property Details 15 details
Bedrooms
7 bedrooms
6 above grade + 1 below grade
Bathrooms
3 bathrooms
Parking
13 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2
Basement
Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
50 x 117.7 FT
Frontage
50 feet
Taxes
$10,696.31
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveRangeDryerWindow CoveringsLaminateCarpetedCeramic

Exterior features

Brick
Rooms 16 rooms
Level
Room
Dimensions
Ground level
Kitchen
2.3 m x 1.6 m
Second level
Bedroom 5
3.63 m x 3.25 m
Second level
Bedroom
3.08 m x 2.8 m
Basement
Kitchen
3 m x 3.2 m
Basement
Living room
3.9 m x 5.2 m
Basement
Dining room
3.9 m x 5.2 m
Basement
Bedroom
5.45 m x 3.9 m
Ground level
Dining room
3.45 m x 4.12 m
Ground level
Living room
3.45 m x 4.12 m
Ground level
Bedroom
3.25 m x 3.58 m
Ground level
Bedroom 2
3.15 m x 4.09 m
Ground level
Bedroom 3
3.28 m x 3.18 m
Second level
Kitchen
4.25 m x 2.35 m
Second level
Living room
3.9 m x 5.2 m
Second level
Dining room
3.65 m x 3.63 m
Second level
Bedroom 4
3.63 m x 3.72 m
Mortgage & Affordability Estimate monthly costs
Purchase price$2,588,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Lansing-Westgate
City
Toronto
Postal code
M2N 1N1
Nearby
Cross Streets: Sheppard Ave / Senlac Rd. ** Directions: West of Yonge St, East of Senlac Rd.