Space
Finished area and layout
- Building Area
- 0.957 ac
- Bathrooms
- 7
+7 more
7
Bathrooms
0.957 ac
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- office / Office
Lot
Land, frontage and setting
- Zoning
- CR 0.4 (c0.4; r0.0) SS3 (x323)
About This Property
This 7-bathroom office in Toronto offers 0.957 ac of building area. The property has zoned CR 0.4 (c0.4; r0.0) SS3 (x323). The home features yes.
MLS Remarks
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.
Full Listing Details
Address4245 Sheppard Avenue, Toronto, ON M1S 1T7
MLS#E13589838
Listing StatusPrice Change
Property TypeCommercial
Sub-TypeOffice
TransactionSale
List DateJul 21, 2026
Days on Market97
Annual Tax$31,716 (2025)
Possession DetailsFlexible
StyleOffice
Bathrooms7
CityToronto
ProvinceOn
Postal CodeM1S 1T7
Lot Size1 sqft
ZoningCR 0.4 (c0.4; r0.0) SS3 (x323)
CoolingYes
SecurityNo
UtilitiesYes
SewerSanitary+Storm
Annual Tax$31,716 (2025)
Business TypeResidential
Less than 1-block east of Midland Ave, fronting on the southside of Shepard Ave E
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