
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.
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4155 Sheppard Avenue
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