204 Sheppard Avenue W,Toronto C07, ON M2N 1N1
Toronto C07, ON M2N 1N1
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.
Details
| MLS # | C13808146 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 36 |
| Listing Provided By | ONE PERCENT REALTY LTD. | C13808146 179500 |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Interior Features | Countertop Range |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Unknown |
|---|---|
| Foundation Details | Unknown |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 10696.31 |
|---|---|
| Tax Legal Description | PARCEL 48-1, SECTION M389 LOT 48, PLAN 66M389 SUBJECT TO COVENANTS IN LT258019 TWP OF YORK/NORTH YORK , CITY OF TORONTO |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C07 |
| Postal Code | M2N 1N1 |
| Area | Lansing Westgate |
| Listing VS Median (in M2N 1N1) | |
Price: $2,588,000 low | high Med: $2,588,000 On site: 36 low | high Med: 36 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C07 |
| Postal Code | M2N 1N1 |
| Area | Lansing Westgate |
| Listing VS Median (in M2N 1N1) | |
Price: $2,588,000 low | high Med: $2,588,000 On site: 36 low | high Med: 36 | |
