4245 Sheppard Avenue, Toronto, ON M1S 1T7
Agincourt South-Malvern West · E07 · M1S 1T7
$6,300,000
$151 / sq ft3 months on market
- Bathrooms
- 7
- Interior
- 41,687 sf
- Lot
- 155 × 309 ft
- Age
- 51-99 years
What's special
- Outside/surface garage
- Yes
About this property
MULTI-UNIT USER/INVESTOR OPPORTUNITY WITH SIGNIFICANT REDEVELOPMENT UPSIDE. Strategically located on a 0.957-acre site along the rapidly intensifying Sheppard Avenue corridor, less than 800 metres from Agincourt GO Station and within the Sheppard Subway Extension corridor. Improved with an approximately 5,200 SF multi-unit commercial building plus a 5,200 SF basement level, the property offers flexible occupancy for owner-users, income-generating potential through multiple commercial units, ample surface parking and 600 Amp electrical service. For investors, the asset combines current cash-flow potential with long-term appreciation driven by major transit investment and neighbourhood intensification. For developers, the property is designated Mixed Use Areas and benefits from an Avenues Overlay, providing a compelling framework for future mixed-use redevelopment. Surrounded by existing and proposed high-density projects, the site is exceptionally well-positioned within one of Scarborough's key growth corridors. A rare opportunity to acquire a functional income-producing asset today with substantial future redevelopment potential.
Property details
Property
- Property type
- vacant land
- Bathrooms
- 7
- Interior size
- 41,687 sq ft
- Year built
- 51-99
- Lot size
- 155 × 309 ft
- Zoning
- CR 0.4 (c0.4; r0.0) SS3 (x323)
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary+Storm
Costs
- List price
- $6,300,000
- Property taxes
- $31,716 / year (2025)
- Price per sq ft
- $151
Listing
- MLS® number
- E13589838
- Status
- For sale
- Listed
- July 21, 2026
- Days on market
- 106
- Last updated
- September 23, 2026
- Listing brokerage
- CBRE LIMITED
Price & sale history
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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 above most comparable listings — about 89% of comparable vacant land listings in Toronto are asking less.
- This home
- $151 / sq ft
- Comparable median
- $263 / sq ft
Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $27,867.02
- Property tax (est.)
- $2,642.96
- Estimated monthly
- $30,510
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
- $143,975
- Toronto municipal
- $212,975
- Total due on closing
- $356,950
An estimate on the asking price of $6,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CBRE LIMITED. 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
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