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Listing photo of 204 SHEPPARD AVENUE W

Toronto

Toronto

$2,680,000

204 SHEPPARD AVENUE W, Toronto, M2N1N1

MLS Number: C13470830

Beds

7

Baths

3

Listing

For Sale

Type

Freehold

Square Feet

1,500 - 2,000

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

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204 SHEPPARD AVENUE W, Toronto, M2N1N1

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Down Payment

$536,000

Mortgage Amount

$2,144,000

Principal + Interest

$12,397 / mo

5-Year Term Payments

$743,795

Estimated Monthly Carrying Cost

$13,047

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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