861 Sheppard Ave Avenue W 57, Toronto, ON M3H 2T5
Toronto C06, ON, M3H 2T5 · Clanton Park
About this property
Exceptional investment opportunity at 861 Sheppard Ave W featuring a rare fourplex configuration in a highly desirable Toronto location. This purpose-built property offers four self-contained residential units, creating strong income potential and broad tenant appeal.The main floor unit is a fully furnished studio that lives more like a one-bedroom suite, offering an efficient layout enhanced by an abundance of natural light. The upper three units, located on the second, third, and fourth floors, are larger in size and provide spacious living accommodations that appeal to long-term tenants and professionals alike.A standout feature of the upper units is the private outdoor space. Each larger suite enjoys its own exclusive balcony, while all four units benefit from access to dedicated rooftop terrace areas.These outdoor spaces enhance tenant enjoyment What truly sets this property apart is its unique condominium structure. This fourplex forms part of a condominium corporation that manages and maintains the exterior elements of the property. For investors, this presents a compelling advantage by reducing many of the responsibilities typically associated with exterior building maintenance and long-term capital upkeep. This unique arrangement offers an attractive blend of investment ownership and operational convenience.Ideally situated along the Sheppard corridor with convenient access to transit, major roadways, shopping, restaurants, and everyday amenities, the property is well-positioned to attract a diverse tenant base. Whether you are looking to expand your real estate portfolio, secure a stable income-producing asset, or capitalize on Toronto's continued rental demand, this property offers a rare combination of cash-flow potential, desirable unit features, outdoor living spaces, and a low-maintenance ownership structure.A truly unique opportunity for the savvy investor seeking a turnkey multi-residential asset in a prime location.
Features & Amenities
- Garage: Underground
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Multi-Level
- Construction: Brick
- Exposure: North West
Property Details
| Property Type | Residential Condo & Other |
|---|---|
| Property Sub-Type | Other |
| Architectural Style | Multi-Level |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Basement | None |
| Garage | Underground |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Annual Tax | $4,450 |
| Tax Year | 2025 |
| Association Fee | $564 / |
Interior Features
- Interior Features
- Other
- Laundry Features
- Ensuite
Exterior Features
- Exterior Features
- Patio
- Balcony Type
- Open
Building & Construction
- Architectural Style
- Multi-Level
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- None
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Underground
- Garage
- Yes
- Parking Spaces
- 0
- Parking Total
- 0.00
- Covered Spaces
- 0
Community & Neighborhood
- Association Amenities
- Party Room/Meeting Room
- Association Name
- TSCC
Financial & Tax
- Tax Annual Amount
- $4,450
- Tax Year
- 2025
- Association Fee
- $564
- Association Fee Includes
- Common Elements Included, Building Insurance Included
- Possession Type
- Flexible
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Exposure
- North West
- County Or Parish
- Toronto
- Cross Street
- Sheppard Ave / Allen Rd
- Directions
- Sheppard Ave / Allen Rd
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
861 Sheppard Ave Avenue W 57, Toronto, ON M3H 2T5, Toronto C06, ON, M3H 2T5