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861 Sheppard Ave Avenue W 57, Toronto, ON M3H 2T5

Toronto C06, ON, M3H 2T5 · Clanton Park

4 Beds
4 Baths
Sq Ft
Other Type
C13235604 MLS#

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

Listing courtesy of RE/MAX CROSSTOWN REALTY INC.
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