290 Sheppard Ave W

290 Sheppard Ave W
290 Sheppard Ave W
290 Sheppard Ave W
+8
4
 bed
3
 bath
8
 parking
For Sale
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4 days
 on site
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$2,888,000
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Size
-
Lot size
582.13 sqm
Street frontage
N
Possession
TBD
Price per sqm
-
Taxes
$25,558.54 (2023)
Parking Type
Detached Garage
Style
Backsplit 3
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Description
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

EXTRAS: **Zoning Amendment Application Has Been APPROVED For Application Proposes To Develop A 6 Storey Hotel Containing 32 rooms with 6 Surface Parking Spaces At 290 Sheppard Avenue West.**
Broker: RE/MAX REALTRON REALTY INC.
MLS®#: C8097970
Property details
Parking:
8
Parking type:
Detached Garage
Property type:
Detached
Heating type:
Forced Air
Style:
Backsplit 3
MLS Size:
-
Lot front:
15.24 M
Lot depth:
38.1 M
Listed on:
Feb 28, 2024
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About 290 Sheppard Ave W

290 Sheppard Ave W is a North York detached house for sale right off Yonge and Sheppard and Bathurst. It has been listed at $2888000 since February 2024. This detached house has 4 beds and 3 bathrooms. 290 Sheppard Ave W resides in the North York Lansing neighbourhood, and nearby areas include Armour Heights, Willowdale, Cricket Club and Bathurst Manor.

Recommended nearby places to eat around 290 Sheppard Ave W, Toronto are Mark's International Deli, Summer House and One Resturant. If you can't start your day without caffeine fear not, your nearby choices include Another Land Coffee and More. Groceries can be found at Food Basics which is only a 11 minute walk and you'll find Rexall Drugstore only a 11 minute walk as well. 290 Sheppard Ave W, Toronto is an 8-minute walk from great parks like Earl Bales Park, Gwendolen Park and Albert Standing Park.

Transit riders take note, 290 Sheppard Ave W, Toronto is only steps away to the closest TTC BusStop (SHEPPARD AVE WEST AT BRENTWOOD AVE) with (Bus) route 384 Sheppard West Night Bus, (Bus) route 84 Sheppard West, and more. SHEPPARD-YONGE STATION - SOUTHBOUND PLATFORM Subway is also a 11-minute walk. For drivers at 290 Sheppard Ave W, it might be easier to get around the city getting on or off Hwy 401 and Yonge St, which is within a 4-minute drive.

Reza Sadrkhanlou
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: C8097970
Listed by RE/MAX REALTRON REALTY INC.