$6,300,000
For SaleList: 2026-07-21
E13589838
$6,300,000
Added 107 days ago
MLS® E13589838
Toronto E07, ON, M1S 1T7
Vacant land
Added 107 days ago
MLS® E13589838
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Broker remarks from the listing.
Quick facts
MULTI-UNIT USER/INVESTOR OPPORTUNITY WITH SIGNIFICANT REDEVELOPMENT UPSIDE. Strategically located on a 0.957-acre site along the rapidly intensifying Sheppard Avenue corridor, less than 800 metres from Agincourt GO Station and within the Sheppard Subway Extension corridor. Improved with an approximately 5,200 SF multi-unit commercial building plus a 5,200 SF basement level, the property offers flexible occupancy for owner-users, income-generating potential through multiple commercial units, ample surface parking and 600 Amp electrical service. For investors, the asset combines current cash-flow potential with long-term appreciation driven by major transit investment and neighbourhood intensification. For developers, the property is designated Mixed Use Areas and benefits from an Avenues Overlay, providing a compelling framework for future mixed-use redevelopment. Surrounded by existing and proposed high-density projects, the site is exceptionally well-positioned within one of Scarborough's key growth corridors. A rare opportunity to acquire a functional income-producing asset today with substantial future redevelopment potential.
Property sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 4245 Sheppard Avenue, Toronto, ON, Toronto E07, ON M1S 1T7 (Vacant land)
$6,300,000
For SaleList: 2026-07-21
E13589838
(Sign in required)
Price ChangeList: 2026-07-21 | End: 2026-09-23
E13589838
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Jul 21, 2026 | Sep 23, 2026 | $6,300,000 | For Sale | E13589838 |
| Jul 21, 2026 | Sep 23, 2026 | (Sign in required) | Price Change | E13589838 |
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