204 Sheppard Avenue W, Toronto, ON M2N 1N1, Toronto C07, ON
Bed 7
Bath 3
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.
Property Highlights
For Sale
MLS NO.
C13470830
Type
Residential Freehold
Sub Type
Triplex
Bedrooms
7
Bathrooms
3
Parking
13.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Triplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13470830
Living Area Range
1500-2000
Total Bedrooms
7
Bedrooms Above Grade
6
Bedrooms Below Grade
1
Total Bathrooms
3
Total Kitchens
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Rooms Above Grade
8
Rooms Below Grade
2
Interior Features
Countertop Range
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Unknown
Lot Width
50.0
Parking Total
13.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
204 Sheppard Avenue W, Toronto, ON M2N 1N1
City
Toronto C07
Neighbourhood
Lansing-Westgate
County / Region
Toronto
Province / State
ON
Postal Code
M2N 1N1
Cross Street
Sheppard Ave / Senlac Rd
Directions
West of Yonge St, East of Senlac Rd
Country
CA
List Price
$2,680,000
Annual Taxes
$10,696
Tax Year
2026
Legal Description
PARCEL 48-1, SECTION M389 LOT 48, PLAN 66M389 SUBJECT TO COVENANTS IN LT258019 TWP OF YORK/NORTH YORK , CITY OF TORONTO
Possession Type
Flexible
Possession Details
30 Days
Listing Office
ONE PERCENT REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-20T14:11:23Z
Media Updated
2026-06-20T14:11:23Z
Photos Updated
2026-06-20T14:11:23Z
Last Modified
2026-06-20T14:11:23Z
System Modified
2026-07-06T21:37:24.27211Z
MLS Status
New
Architectural Style
2-Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2026-09-30
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
101450039
Parking Spaces
13
Public Remarks
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.
