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290 Sheppard Ave W

Sheppard Ave WNorth YorkTorontoON, M2N 1N5

4
Beds
3
Baths
$2,688,888
List Price
290 Sheppard Ave W, Toronto, ON - 1 of 3
290 Sheppard Ave W, Toronto, ON - 2 of 3
290 Sheppard Ave W, Toronto, ON - 3 of 3
352 days on market

Quick Summary

  • Prime North York area investment opportunity.
  • Rarely offered property on Sheppard Ave West.
  • Potential for redevelopment or renovation.
  • Possibility of constructing a 6-story office building.
  • City of Toronto's new secondary plan highlights area's future.
  • Significant income-generating potential.
  • Estimated rental income of $6,000 to $8,000 per month.
  • Application for 6-Stories Hotel Building Rezoning in progress.

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... Show More

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 Application for 6-Stories Hotel Building Rezoning And Site Plan Approval Is In Progress!! Or Change it Into your needs based on the Zoning By Law.

Property Details

Size

Sq. Ft. Not Available
4 Beds
4 Above Grade
3 Baths

Parking

8 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Finished, Full
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2022-01-01
Property Tax Amount
$25,558.54

Source

Listing Brokerage

MLS® Listing
C6163060
Last Updated
October 17, 2023
Brokerage
RE/MAX REALTRON REALTY INC.
Call us 800-591-0566

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