57 - 861 Sheppard Ave Avenue W

57 - 861 Sheppard Ave Avenue W
57 - 861 Sheppard Ave Avenue W
57 - 861 Sheppard Ave Avenue W
1/1
4
 bed
4
 bath
0
 parking
2000 - 2249
 sqft
Other
$1,699,900
Instant Estimate Not Available
For Sale
2 days
 on site
$1,699,900
Instant Estimate Not Available
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Size
-
Lot size
-
Street frontage
-
Possession
2026-06-01
Price per sqft
$756 - $850
Taxes
$4,449.72 (2025)
Parking Type
-
Style
Multi-Level
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Description
Exceptional investment opportunity at 861 Sheppard Ave W featuring a rare fourplex configuration in a highly desirable Toronto location. This purpose-built property offers four self-contained residential units, creating strong income potential and broad tenant appeal.The main floor unit is a fully furnished studio that lives more like a one-bedroom suite, offering an efficient layout enhanced by an abundance of natural light. The upper three units, located on the second, third, and fourth floors, are larger in size and provide spacious living accommodations that appeal to long-term tenants and professionals alike.A standout feature of the upper units is the private outdoor space. Each larger suite enjoys its own exclusive balcony, while all four units benefit from access to dedicated rooftop terrace areas.These outdoor spaces enhance tenant enjoyment What truly sets this property apart is its unique condominium structure. This fourplex forms part of a condominium corporation that manages and maintains the exterior elements of the property. For investors, this presents a compelling advantage by reducing many of the responsibilities typically associated with exterior building maintenance and long-term capital upkeep. This unique arrangement offers an attractive blend of investment ownership and operational convenience.Ideally situated along the Sheppard corridor with convenient access to transit, major roadways, shopping, restaurants, and everyday amenities, the property is well-positioned to attract a diverse tenant base. Whether you are looking to expand your real estate portfolio, secure a stable income-producing asset, or capitalize on Toronto's continued rental demand, this property offers a rare combination of cash-flow potential, desirable unit features, outdoor living spaces, and a low-maintenance ownership structure.A truly unique opportunity for the savvy investor seeking a turnkey multi-residential asset in a prime location.
Broker: RE/MAX CROSSTOWN REALTY INC.
MLS®#: C13235604
Property details
Parking:
No
Parking type:
-
Property type:
Other
Heating type:
Forced Air
Style:
Multi-Level
MLS Size:
2000-2249 sqft
Listed on:
Jun 3, 2026
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Rooms
LevelNameSizeFeatures
Third
Living Room
11.2 x 14.8 ft
Second
Kitchen
6.9 x 7.5 ft
Upper
Kitchen
6.9 x 7.5 ft
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Instant estimate:
Not Available

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About 57 - 861 Sheppard Ave Avenue W

Located at 57 - 861 Sheppard Ave Avenue W, this North York other is available for sale. It has been listed at $1699900 since June 2026. This 2000-2249 sqft other has 4 beds and 4 bathrooms. Situated in North York's Wilson Heights neighbourhood, Bathurst Manor, Armour Heights, University Heights and Lansing are nearby neighbourhoods.

There are a lot of great restaurants around 861 Sheppard Ave W, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Country Style. For grabbing your groceries, Olympic Nutrition Superstore is a 21-minute walk.

Living in this Wilson Heights other is easy. There is also Sheppard Ave West at Wilson Heights Blvd East Side Bus Stop, nearby, with route Sheppard West, and route Sheppard West Night Bus nearby. For drivers at 861 Sheppard Ave W, it might be easier to get around the city getting on or off Allen Rd and Wilson Ave, which is within a few minutes drive.