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$2,588,000

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204 Sheppard Avenue West

Lansing-Westgate, Toronto, Ontario M2N1N1

For sale· Added

6+1 bed3 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
C13808146
Added
Sep 21, 2026 ()
Updated
Sep 21, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
6+1
Bathrooms
3
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Flooring
Laminate, Carpeted, Ceramic
Appliances
Washer, Refrigerator, Stove, Range, Dryer, Window Coverings

Building

Basement
Apartment in basement, Separate entrance
Exterior
Brick
Parking
No Garage · 13 spaces

Land

Lot size
50 x 117.7 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Sheppard Ave / Senlac Rd
Directions
West of Yonge St, East of Senlac Rd.

Running costs

Annual property tax
$10,696

Rooms

KitchenGround level2.3 x 1.6 m
Bedroom 5Second level3.63 x 3.25 m
BedroomSecond level3.08 x 2.8 m
KitchenBasement3 x 3.2 m
Living roomBasement3.9 x 5.2 m
Dining roomBasement3.9 x 5.2 m
BedroomBasement5.45 x 3.9 m
Dining roomGround level3.45 x 4.12 m
Living roomGround level3.45 x 4.12 m
BedroomGround level3.25 x 3.58 m
Bedroom 2Ground level3.15 x 4.09 m
Bedroom 3Ground level3.28 x 3.18 m
KitchenSecond level4.25 x 2.35 m
Living roomSecond level3.9 x 5.2 m
Dining roomSecond level3.65 x 3.63 m
Bedroom 4Second level3.63 x 3.72 m

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$2,588,000
204 Sheppard Avenue West
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