204 Sheppard Ave W

LocationLansing-Westgate, Toronto, M2N 1N1
$2.68M For Sale
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Description

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.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 6
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages:
  • Kitchens
    Kitchens: 2

Details

  • Front Lot
    Lot size: 50.00 x 117.67 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 10696.31
  • MLS
    C13470830
  • Listing contracted with: ONE PERCENT REALTY LTD.
Room Size(M) Description
Kitchen2.30x1.60

Ceramic Floor, Ceramic Backsplash, Open Concept

Dining Rm3.45x4.12

Laminate, Open Concept, Combined w/Living

Living Rm3.45x4.12

Laminate, Open Concept, Combined w/Dining

Br3.25x3.58

Laminate, Window, Closet

2nd Br3.15x4.09

Laminate, Window, Closet

3rd Br3.28x3.18

Laminate, Window, Closet

Kitchen4.25x2.35

Ceramic Floor, Ceramic Backsplash, Open Concept

Living Rm3.90x5.20

Broadloom, Open Concept, Combined w/Dining

Dining Rm3.65x3.63

Broadloom, Open Concept, Combined w/Living

4th Br3.63x3.72

Broadloom, Window, Closet

5th Br3.63x3.25

Broadloom, Window, Closet

Br3.08x2.80

Broadloom, Window, Closet



Bathroom Pieces Level
1xBath4 pcs

Ground

1xBath4 pcs

Second

1xBath4 pcs

Basement



Property Summary

Located close to the intersection of Sheppard Ave and Senlac Rd, 204 Sheppard Ave W is a 6+1 bedrooms 3 washrooms Triplex. The property basement is Apartment Separate Ent. The property has many nice features including Countertop Range. Kitchen, Dinning Room Rm, Living Room Rm, Bedroom, second bedroom and third bedroom are on the Ground floor.


School Information

  • Elementary Schools

  • Level
    Home school
    Distance to school: 0.6 km (~10 min walk)
  • Level
    French Immersion School French Immersion school
    Distance to school: 1.2 km (~22 min walk)
  • Level
    ST EDWARD (Grade: JK - 8) | School Boundary
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Distance to school: 1.0 km (~17 min walk)
  • Level
    ST CYRIL (Grade: JK - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Distance to school: 2.0 km (~36 min walk)
  • Level
    ST MARGARET (Grade: 5 - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Rank: 687 out of 3022 (Score: 7.3)
    Distance to school: 2.7 km (~8 min drive)
  • Secondary Schools

  • Level
    Home school
    Rank: 219/746 (Score: 7.0)   5 year average: 191/746 (Score: 7.0)
    Distance to school: 2.6 km (~8 min drive)
  • Level
    Cardinal Carter-Arts (Grade: 9-12)
    Catholic School Catholic School
    Distance to school: 1.0 km (~19 min walk)
  • Level
    Loretto Abbey (Grade: 9-12)
    Catholic SchoolFrench Immersion SchoolProgram AP Catholic French Immersion school
    Rank: 259/746 (Score: 6.8)   5 year average: 205/746 (Score: 6.9)
    Distance to school: 2.2 km (~7 min drive)


Commute Information

Toronto Subway Sheppard-Yonge Subway Station (0.8km)

Location





Community Overview

204 Sheppard Ave W is at the Heart of Lansing-Westgate Community. Lansing-Westgate runs from Bathurst Street on the west to York Cemetery and Funeral Centre on the north, Yonge Street on the east, and Highway 401 on the south. It is home to the fourth busiest subway station in Toronto, Sheppard-Yonge station. Most homes are the outcome of two real estate booms: detached houses constructed from the post-war era to 1960 and condo buildings first developed in 1980. About 53% of the residents are of European Origin, and 25% are of East and Southeast Asia origin. Around 40% of residents travel by public transit, higher than Toronto's average. The Don Valley Golf Course connecting to south highway 401 is an eighteen-hole public golf course that furnishes beautiful scenery. Shoppers can find several supermarkets, such as Food Basics, Whole Foods Market, and Longos, near Yonge Sheppard Center. Lansing-Westgate is a beautiful community with many young families moving to the area to enjoy the fantastic amenities and super convenient public transportation.


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