4023 Sheppard Avenue, Toronto, ON M1S 1S7, Toronto E07, ON
6405.0 sqft
Rare Freehold Commercial Offering on Sheppard Avenue East. A distinguished corner property at the intersection of Sheppard Avenue East and Gordon Ave in the established Agincourt South-Malvern West neighbourhood of Toronto. This freestanding, three-level commercial building - plus full basement - delivers approximately 6,672 sq ft of total space (2671sqft Main Floor - 903sqft 2nd Floor - 510sqft 3rd Floor - 2588sqft Basement) on a generous 50 x 119 ft rectangular lot with exceptional north-facing Sheppard Avenue frontage and west-side Gordon Ave. Purpose-built and long tenured as a medical and professional office centre, the property features 18+ rooms across four levels: a fully built-out main floor with multiple examination and consultation rooms equipped with in-floor plumbing, a second-floor apartment-style suite with kitchen, three offices, bathroom, and generous closet space, and a third-floor loft office ideal for private practice or administrative use. The full-height basement offers additional treatment rooms, a bathroom/laundry facility, and ample storage. Three independent HVAC zones, central air conditioning, electric forced air heating, municipal water, and sanitary sewers ensure operational readiness. Roof re-shingled approximately six years ago. Zoned CR0.5(c0.5;r0)*632) under the City of Toronto Official Plan - designated Mixed Use including Residential - and situated within a Major Transit Station Area, this asset presents compelling flexibility for owner-occupiers, investors, or developers exploring land assembly opportunities along one of Scarborough's most trafficked commercial corridors. Immediate possession available. Great opportunity for investors, developers, medical or legal professionals.
Property Highlights
For Sale
MLS NO.
E13061530
Type
Commercial
Sub Type
Office
Square Footage
6405.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E13061530
Security Features
No
Lot Width
50.0
Garage Type
None
Cooling
Partial
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
4023 Sheppard Avenue, Toronto, ON M1S 1S7
City
Toronto E07
Neighbourhood
Agincourt South-Malvern West
County / Region
Toronto
Province / State
ON
Postal Code
M1S 1S7
Cross Street
Sheppard Ave E and Kennedy Road
Directions
At the Corner of Gordon Ave and Sheppard Ave E
Country
CA
List Price
$2,750,000
Annual Taxes
$19,339
Tax Year
2025
Legal Description
LOT 16 on Plan 2390, Save and Except Part 12 on Expropriation Plan SC2335549, City of Toronto
Possession Type
Immediate
Possession Details
30/60/90/TBD
Listing Office
SOTHEBY'S INTERNATIONAL REALTY CANADA
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-30T13:02:17Z
Media Updated
2026-05-20T20:49:31Z
Photos Updated
2026-05-20T20:49:31Z
Last Modified
2026-04-30T13:02:17Z
System Modified
2026-05-20T20:49:31.170974Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
SOTHEBY'S INTERNATIONAL REALTY CANADA
Ddfyn
Yes
Expiration Date
2026-10-30
Heat Type Multi
Gas Forced Air Open
Hstapplication
In Addition To
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
061640498
Public Remarks
Rare Freehold Commercial Offering on Sheppard Avenue East. A distinguished corner property at the intersection of Sheppard Avenue East and Gordon Ave in the established Agincourt South-Malvern West neighbourhood of Toronto. This freestanding, three-level commercial building - plus full basement - delivers approximately 6,672 sq ft of total space (2671sqft Main Floor - 903sqft 2nd Floor - 510sqft 3rd Floor - 2588sqft Basement) on a generous 50 x 119 ft rectangular lot with exceptional north-facing Sheppard Avenue frontage and west-side Gordon Ave. Purpose-built and long tenured as a medical and professional office centre, the property features 18+ rooms across four levels: a fully built-out main floor with multiple examination and consultation rooms equipped with in-floor plumbing, a second-floor apartment-style suite with kitchen, three offices, bathroom, and generous closet space, and a third-floor loft office ideal for private practice or administrative use. The full-height basement offers additional treatment rooms, a bathroom/laundry facility, and ample storage. Three independent HVAC zones, central air conditioning, electric forced air heating, municipal water, and sanitary sewers ensure operational readiness. Roof re-shingled approximately six years ago. Zoned CR0.5(c0.5;r0)*632) under the City of Toronto Official Plan - designated Mixed Use including Residential - and situated within a Major Transit Station Area, this asset presents compelling flexibility for owner-occupiers, investors, or developers exploring land assembly opportunities along one of Scarborough's most trafficked commercial corridors. Immediate possession available. Great opportunity for investors, developers, medical or legal professionals.
