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$2,588,000

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204 Sheppard Avenue West

Lansing-Westgate, Toronto, Ontario M2N1N1

For sale· Added

2,886 sqft

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.

Location

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Property details

Listing

MLS® number
C13808150
Added
Sep 21, 2026 ()
Updated
Sep 21, 2026 ()
Info refreshed

Overview

Property type
Office
Building type
Offices

Inside

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Appliances
Washer, Dryer, Window Coverings

Building

Parking
13 spaces

Land

Lot size
Bldg=50 x 117.67 ft
Zoning
CR

Services

Water
Municipal water

Location

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

Running costs

Annual property tax
$10,696

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$2,588,000
204 Sheppard Avenue West
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