204, Sheppard, Lansing-Westgate, Toronto, Residential Freehold
Description
Residential Freehold Triplex For Sale.
Rare opportunity to own a well-maintained, newer mixed-use building (built in 2004) in the highly sought-after Yonge & Sheppard corridor, just a short walk to the Yonge-Sheppard subway station and minutes from Highway 401. Zoned for both commercial and residential use, this versatile property offers exceptional flexibility for investors, owner-users, and future redevelopment opportunities. The building features three self-contained levels with separate entrances, each approximately 962 sq. ft. The main floor boasts 9-foot ceilings and pot lights throughout, while the second floor offers abundant natural light through a skylight. The lower level features 8-foot ceilings and eight large above-grade windows, creating a bright and functional space. Situated on a generous lot with 13 parking spaces, the property is ideal for a wide range of professional and commercial uses, including medical, legal, educational, and consulting offices, while also accommodating residential occupancy. Generate income from up to three separate units plus parking rentals, or occupy part of the building while leasing the remainder. Located in the heart of North York's rapidly evolving downtown core, the property is surrounded by numerous approved and proposed residential and commercial developments, with convenient access to two subway lines. Recent upgrades include a new gas furnace and central air conditioner (2025).An exceptional opportunity to invest, operate, or position yourself for future growth in one of Toronto's most dynamic urban centers.
Interior Features: Countertop Range
Cross Street: Sheppard Ave / Senlac Rd
Direction Faces: North
Key Facts
- Days on: 5 days
- Mls Status: New
- Bedrooms Total: 7
- Bedrooms Below Grade: 1
- Bedrooms Above Grade: 6
- Bathrooms Total Integer: 3
- Lot Width: 50.00
- Kitchens Total: 3
- Parking Total: 13
- Parking Spaces: 13
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 1500-2000 Square Feet
Location 204, Sheppard, Lansing-Westgate, Toronto
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