$2,888,000 $15,503 est/mo Sourced by Back At You

290 Sheppard Ave W,Toronto, ON M2N 1N5

Toronto ON, M2N 1N5

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Description

Don't miss this incredible investment opportunity in the prime North York area! This rarely offered property on Sheppard Ave West, just a few blocks west of the vibrant Yonge & Sheppard corridor, presents a multitude of possibilities for both end users and investors. For those looking to embark on a redevelopment project, this property holds immense potential. With the possibility of constructing a stand-alone office building up to 6 stories, you can capitalize on the thriving local market. Additionally, the current building can be renovated to accommodate various uses, providing flexibility to suit your specific needs.The City of Toronto has recently introduced a new secondary plan for this area, highlighting its promising future and further emphasizing the significance of this investment opportunity. For investors seeking immediate returns, this property holds significant income-generating potential. With the ability to produce an estimated rental income of $6,000 to $8,000 per month

Details

MLS#C8097972
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site89
Listing Provided ByRE/MAX REALTRON REALTY INC. | BackAtYou

Features

BasementY
ZoningCOMMERCIAL
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 hours ago
ProvinceON
CountyToronto C07
CityToronto
Postal CodeM2N 1N5
AreaToronto
Community NameLansing Westgate
Listing VS Median (in Lansing Westgate)
Price:
$2,888,000
low | high
Med:
$0
On Site:
89
low | high
Med:
Sourced by Back At You
Listing Updated: March 27, 2024 at 9:45:33 PM PDT