ONTorontoToronto E074155 Sheppard Avenue
4155 Sheppard Avenue
Interior view
Interior view
2
For Sale69 days on Market

4155 Sheppard Avenue

Toronto E07, ON, M1S 1T4

Community:Agincourt South-Malvern West

Asking Price

$15,499,000

Frontage

179 ft.

Lot Depth

269 ft.

Square Foot

40,838.29 ft.

Lot Area

Zoning

Commercial

4155 Sheppard Avenue E, Toronto E07, M1S 1T4

Property Description

Original Remarks

4151-4155 Sheppard Avenue East & 5 Lamont Avenue represents a rare opportunity to acquire a fully zoned, transit-oriented high-rise development site in the heart of Scarborough, directly across from Agincourt GO Station. The property benefits from an OLT-approved settlement permitting a 39-storey residential tower with approximately 409,000 SF of GFA. An alternative development concept has also been prepared,outlining a reduced-scale program of approximately 297,000 SF of GFA over 25-storeys. The site sits on 0.93 acres of land with interim holding income from a diverse mix of tenancies. This opportunity allows investors to pursue either the fully approved density or a right-sized alternative program, delivering optionality in a constrained development market. Supported by strong rental fundamentals, limited new supply, and continued intensification along the Sheppard corridor, this offering presents a compelling opportunity to capitalize on both near-term execution and long-term growth within one of Toronto's most dynamic emerging nodes.

PROPERTY HISTORY

4155 Sheppard Avenue

PROPERTY DETAILS

OccupancyLand
Possession TypeFor Sale
Heating Type
WaterMunicipal
SewersSanitary+Storm
Retail Area40,838.29 ft
Ownership Type
Basement
Garage Type
Elevator
CommunityAgincourt South-Malvern West
Hours Open
CategoryDesignated
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes