204 Sheppard Avenue W, Toronto, ON M2N 1N1
Toronto C07, ON, M2N 1N1 · Lansing-Westgate
About this property
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.
Features & Amenities
- Basement: Apartment, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Basement | Apartment, Separate Entrance |
| Garage | None |
| Parking Spaces | 13 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $10,696 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Countertop Range
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Unknown
- Basement
- Apartment, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 13
- Parking Total
- 13.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 117.67
- Lot Width
- 50.00
Financial & Tax
- Tax Annual Amount
- $10,696
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- 30 Days
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 8
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- North
- County Or Parish
- Toronto
- Cross Street
- Sheppard Ave / Senlac Rd
- Directions
- West of Yonge St, East of Senlac Rd
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
204 Sheppard Avenue W, Toronto, ON M2N 1N1, Toronto C07, ON, M2N 1N1