$2,588,000
204 Sheppard Avenue W, Toronto, ON M2N 1N1
Lansing-Westgate · Toronto · M2N 1N1
Listing brokerage: ONE PERCENT REALTY LTD.
- Beds
- 6+1
- Baths
- 3
- Sq ft
- 1500–2000
- Parking
- 13
Monthly costs
Property taxes
$891/mo
$10,696 a year (2026)
The home
- Lot size
- 50 × 117.7 ft
- Style
- 2-Storey
- Basement
- Apartment, Separate Entrance
- Parking
- 13 spots
- Faces
- North
- Heating · cooling
- Forced Air, Central Air
- Possession
- Immediate
About this home
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.
All details19 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 6+1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 8
- Size
- 1500-2000 sq ft
Features
- Countertop Range
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 0
Exterior & Lot
- Exterior
- Brick
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13808146
- Type
- Triplex
- Transaction
- For Sale
- Neighbourhood
- Lansing-Westgate
- Cross streets
- Sheppard Ave / Senlac Rd
Rooms · 19Kitchen ×3, Dining Room ×3, Living Room ×3, Bedroom ×3, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Washroom ×3
Kitchen
Ground
2.30 × 1.60 m · 7′7″ × 5′3″
Ceramic Floor, Ceramic Backsplash, Open Concept
Dining Room
Ground
3.45 × 4.12 m · 11′4″ × 13′6″
Laminate, Open Concept, Combined w/Living
Living Room
Ground
3.45 × 4.12 m · 11′4″ × 13′6″
Laminate, Open Concept, Combined w/Dining
Bedroom
Ground
3.25 × 3.58 m · 10′8″ × 11′9″
Laminate, Window, Closet
Bedroom 2
Ground
3.15 × 4.09 m · 10′4″ × 13′5″
Laminate, Window, Closet
Bedroom 3
Ground
3.28 × 3.18 m · 10′9″ × 10′5″
Laminate, Window, Closet
Kitchen
Second
4.25 × 2.35 m · 13′11″ × 7′9″
Ceramic Floor, Ceramic Backsplash, Open Concept
Living Room
Second
3.90 × 5.20 m · 12′10″ × 17′1″
Broadloom, Open Concept, Combined w/Dining
Dining Room
Second
3.65 × 3.63 m · 12′0″ × 11′11″
Broadloom, Open Concept, Combined w/Living
Bedroom 4
Second
3.63 × 3.72 m · 11′11″ × 12′2″
Broadloom, Window, Closet
Bedroom 5
Second
3.63 × 3.25 m · 11′11″ × 10′8″
Broadloom, Window, Closet
Bedroom
Second
3.08 × 2.80 m · 10′1″ × 9′2″
Broadloom, Window, Closet
Kitchen
Basement
3.00 × 3.20 m · 9′10″ × 10′6″
Ceramic Floor, Ceramic Backsplash, Open Concept
Living Room
Basement
3.90 × 5.20 m · 12′10″ × 17′1″
Ceramic Floor, Open Concept, Combined w/Dining
Dining Room
Basement
3.90 × 5.20 m · 12′10″ × 17′1″
Ceramic Floor, Ceramic Backsplash, Open Concept
Bedroom
Basement
5.45 × 3.90 m · 17′11″ × 12′10″
Ceramic Floor, Window
4-piece washroom
Ground
4-piece washroom
Second
4-piece washroom
Basement
History
Past listings and sales for this home and building.
Location
204 Sheppard Avenue W, Toronto, ON M2N 1N1 · Near Sheppard Ave / Senlac Rd
Monthly cost
Estimated monthly cost
$12,350/mo
- Mortgage
- $11,459
- Property tax
- $891
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$622,227
$517,600 down + $104,627 to $105,877 in closing costs
- Ontario land transfer tax
- $51,175
- Toronto land transfer tax
- $51,175
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $527
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$2,588,000
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