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$ 1,699,900
Est. payment /mo
New
861 Sheppard Ave AVE W #57 Toronto C06, ON M3H 2T5
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Condo
Sub Type Other
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2249
Municipality Toronto C06
Subdivision Clanton Park
MLS Listing ID C13235604
Style Multi-Level
Bedrooms 4
Maintenance Fees $563
HOA Fees $563
Annual Tax Amount $4,449
Tax Year 2025
Property Sub-Type Other
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C06
Area Toronto
Rooms
Basement None
Kitchen 4
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Patio
Roof Type Flat
Exposure North West
Balcony Open
Building
Story 1
Foundation Concrete
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Listed by RE/MAX CROSSTOWN REALTY INC.