8815 Sheppard Avenue, Toronto, ON M1B 5R7
Rouge · E11 · M1B 5R7
$1,600,000
$33 / sq ft11 months on market
- Interior
- 47,780 sf
About this property
Located in a highly accessible Scarborough location near Highway 401, 8815 Sheppard Ave E presents a compelling mixed-use opportunity. The property features two existing buildings: a small office building and an industrial metal dome structure, providing flexibility for a variety of uses. The property is set back from Sheppard Ave with access via titled easement, ensuring functional connectivity. Scarborough's strong industrial and commercial market, combined with proximity to major transportation routes, makes this property an attractive option for investors or developers looking to capitalize on long-term growth potential
Property details
Property
- Property type
- vacant land
- Interior size
- 47,780 sq ft
- Zoning
- Industrial Zone (M) details attached
- Possession
- TBD
Interior
- Heating
- Propane Gas
Exterior & services
- Sewer
- Septic
Costs
- List price
- $1,600,000
- Property taxes
- $29,190 / year (2025)
- Price per sq ft
- $33
Listing
- MLS® number
- E12558326
- Status
- For sale
- Listed
- November 19, 2025
- Days on market
- 351
- Last updated
- October 23, 2026
- Listing brokerage
- COLDWELL BANKER - R.M.R Real Estate
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 56% of comparable vacant land listings in Toronto are asking less.
- This home
- $33 / sq ft
- Comparable median
- $251 / sq ft
Based on 96 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $7,077.34
- Property tax (est.)
- $2,432.50
- Estimated monthly
- $9,510
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $28,475
- Toronto municipal
- $28,475
- Total due on closing
- $56,950
An estimate on the asking price of $1,600,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLDWELL BANKER - R.M.R Real Estate. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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