99 Sheppard Ave E Toronto near Yonge St & Sheppard Ave E | Detached home for sale

Description

**Prime Yonge & Sheppard Investment & Development Opportunity!** Exceptional freestanding mixed-use building in one of North York's most sought-after commercial corridors, offering outstanding exposure, stable income, and significant future redevelopment potential. Situated on a prestigious **C6-zoned** property with an existing tenant, this turnkey asset is ideal for investors, developers, or end-users looking to secure a prime location with multiple value-add opportunities.The building has been extensively renovated with high-quality finishes and offers exceptional flexibility for a wide range of professional and commercial uses, including medical and dental clinics, legal offices, accounting firms, travel agencies, health and wellness centres, retail, and many other permitted uses.Adding to its appeal, the property offers excellent long-term redevelopment potential with the possibility of a **7-storey mixed-use condominium project** (subject to all required approvals buyer to perform their own due dilligence). Additional features include convenient rear parking, immediate access to Highway 401, and a short walk to both Yonge and Sheppard subway stations, surrounded by high-density residential developments, office towers, restaurants, and major amenities.A rare opportunity to own a premium asset in one of Toronto's fastest-growing urban hubs-offering immediate income today with exceptional upside for tomorrow.

Features

Facing: South
Bedrooms: 3
Bathrooms: 2
Garages:
Kitchens:

Details

Lot size: 42.00 x 112.91 Feet
Space: 1100-1500
Tax: $ 8611.68
C13611682
Listing contracted with: RE/MAX REALTRON REALTY INC.

Room	Size(M)	Description
Office	13.94x11.41	Picture Window, Hardwood Floor, Open Concept
Office	10.99x9.18	Window, Hardwood Floor, Open Concept
Office	11.97x8.36	Window, Hardwood Floor, Open Concept
Office	10.92x9.35	Window, Hardwood Floor, Open Concept
Office	11.97x12.46	Window, Hardwood Floor, Closet
Office	11.55x8.27	Window, Hardwood Floor, Closet
Br	0.00x0.00	Above Grade Window, Laminate, Separate Rm
Kitchen	0.00x0.00	Above Grade Window, Laminate, Open Concept

Bathroom	Pieces	Level
1xBath	4 pcs	Main
1xBath	4 pcs	Basement

Property Summary

Located close to the intersection of Yonge St & Sheppard Ave E, 99 Sheppard Ave E is a 3+2 bedrooms 2 washrooms Detached. The property basement is Apartment . The property has many nice features including None. Office, Office, Office and Office are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have increased 10.5% compared with the same period last year.

Rent levels have remained relatively stable compared with the same period last year.

Recent Comparable Value Range

$1,220,000 – $1,670,000

Recent 6-Month Rent Range

$3,000 – $3,350/month

How This Home Compares

Market Temperature

Balanced Market

Strong SellerSellerBalancedBuyerStrong Buyer

Supply and recent sales are relatively balanced for similar homes.

Typical Selling Time

28 Days

Similar homes are selling in about 28 days, slower than the same period last year.

Price Position

106.5% Higher

The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a significant rental housing presence with a mix of detached homes and apartments and condominiums. Approximately 65% of residents hold a bachelor's degree or higher, while about 18% have a college credential. Public transit is commonly used by local commuters, alongside driving.

School Information

Elementary Schools
Avondale Public School (Grade: JK - 8) | School Boundary

Home school

Rank: 1026 out of 3022 (Score: 6.8)

Distance to school: 0.5 km (~9 min walk)
ST GABRIEL (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 1.4 km (~26 min walk)
ST CYRIL (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 1.9 km (~34 min walk)
ST MARGARET (Grade: 5 - 8)

Catholic French Immersion school

Rank: 687 out of 3022 (Score: 7.3)

Distance to school: 3.4 km (~10 min drive)
Secondary Schools
Earl Haig Secondary School (Grade: 9 - 12) | School Boundary

Arts program school

Rank: 28/746 (Score: 8.8) 5 year average: 26/746 (Score: 8.4)

Distance to school: 0.8 km (~15 min walk)
Cardinal Carter-Arts (Grade: 9-12)

Catholic School

Distance to school: 0.4 km (~7 min walk)
Loretto Abbey (Grade: 9-12)

Catholic French Immersion school

Rank: 259/746 (Score: 6.8) 5 year average: 205/746 (Score: 6.9)

Distance to school: 2.4 km (~7 min drive)

Commute Information

Sheppard-Yonge Subway Station (0.5km)

Location

Community Overview

99 Sheppard Ave E is at the Heart of Willowdale East Community. Willowdale East runs from Bayview Avenue on the east to Finch Avenue on the north, Yonge Street on the west, and Highway 401 on the south. The community has immediate access to four subway stations on both Line 1 Yonge-University and Line 4 Sheppard-Don Mills. Some elder houses have been gradually transformed into custom-built contemporary homes since early 2000. In past 3 months, 28 Detached homes were sold at average of $2.34M. Over 52% of the residents are of East and Southeast Asia origin, and 24% are of European Origin. In 99 Sheppard Ave E neighbourhood, you will find many residents are Chinese, Irish, Iranian, English, and Jewish. For residents using cars, it will be very convenient to drive onto Highway 401 at the south border of the community through entries on both Yonge Street and Bayview Avenue. North York Civic Centre on the community's west side is home to the Toronto District School board and has a sizeable public Library and the Douglas Snow Aquatic Centre. Shoppers can find several supermarkets, such as Food Basics, Whole Foods Market, Longos, Loblaw, and Metro, along Yonge street. Willowdale East community is upscale, given its fantastic amenities, super convenient public transportation, and within the best school zone.