204 Sheppard Avenue W, Toronto
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. (id:1945)
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Property details for 204 Sheppard Avenue W, Toronto
- Type
- Commercial
- Bedrooms
- 7
- Bathrooms
- 3
- Living Area
- 2,886 square feet
- Lot Size
- Bldg=50 x 117.67 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $10,696
Nearby Listings Stat
Estimated price and comparable properties near 204 Sheppard Avenue W
Active Listings
2
Min Price
$2,588,000
Max Price
$2,588,000
Avg Price
$2,588,000
Days on Market
35
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Toronto, Ontario
Population
405
Median Age
40.2
Median Income
$35,584
Dwelling Value
$1,297,648
Housing Tenure
Owners 69%
Renters 35%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 3,282.0/km²
Avg Shelter Cost: $1,584/mo
Owners with Mortgage: 41.2%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 77.8%
English only: 82.7%
English and French: 13.6%
Neither: 3.7%
Median Household Income: $92,416
Median Employment Income: $40,064
Price History
Listed
September 21, 2026
by ONE PERCENT REALTY LTD.
Current Price
$2,588,000
-3.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,588,000 | $92,000 (-3.4%) |
| Sep 21, 2026 | $2,680,000 | Listed |
