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$1,699,900
Available - For Sale
Listing ID: C13235604
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.
Price $1,699,900
Taxes: $4,449.72
Occupancy by: Tenant
Address: 861 Sheppard Ave Avenue West , Toronto, M3H 2T5, Toronto
Postal Code: M3H 2T5
Province/State: Toronto
Directions/Cross Streets: Sheppard Ave / Allen Rd
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Kitchen 6.89 7.54
Room 2: Ground Common Ro 10.17 11.15
Room 3: Ground Foyer 3.61 5.90
Room 4: Second Kitchen 6.89 7.54
Room 5: Second Living Ro 11.15 14.76
Room 6: Second Bedroom 11.15 18.04
Room 7: Third Kitchen 6.89 7.54
Room 8: Third Living Ro 11.15 14.76
Room 9: Third Bedroom 11.15 18.04
Room 10: Upper Kitchen 6.89 7.54
Room 11: Upper Living Ro 11.15 14.76
Room 12: Upper Bedroom 11.15 18.04
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  3 Upper
Washroom 5:  0
Washroom 6:  3 Ground
Washroom 7:  3 Second
Washroom 8:  3 Third
Washroom 9:  3 Upper
Washroom 10:  0
Total Area: 0
Maintenance: 563.75
Heat Type: Forced Air
Central Air Conditioning: Central Air
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RE/MAX CROSSTOWN REALTY INC.

861 Sheppard Ave Avenue West , Toronto, M3H 2T5, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
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416-981-7184

 
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Type: Com - Other
Area: Toronto
Municipality: Toronto C06
Neighbourhood: Clanton Park
Style: Multi-Level
Lot Size: x 0.00()
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Tax: $4,449.72
Maintenance Fee: $563.75
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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