204 Sheppard Avenue W, Toronto, ON M2N 1N1
Lansing-Westgate, Toronto · Near Sheppard Ave / Senlac Rd · View map
About this home
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.
The home
- Type
- Office
- Square footage
- 2886 sq ft
- Lot size
- 50 x 117.7 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 13
- Total parking
- 13
Taxes & other
- Property taxes
- $10,696/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Sheppard Ave / Senlac Rd
- Neighbourhood
- Lansing-Westgate
More
- MLS® number
- C13808150
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
204 Sheppard Avenue, Toronto, ON M2N 1N1
Lansing-Westgate, Toronto · Near Sheppard Ave / Senlac Rd
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Listing history for 204 Sheppard Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 204 Sheppard Avenue W
Answers come straight from this home’s MLS® listing.
How much is 204 Sheppard Avenue W listed for, and what would it cost each month?
204 Sheppard Avenue W is listed for $2,588,000. With 20% down ($517,600), the mortgage payment would be roughly $10,439 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,331 a month, all in. That figure is an illustration, not a quote.
Is 204 Sheppard Avenue W freehold or a condo, and is there a monthly fee?
204 Sheppard Avenue W is a office in Lansing-Westgate, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 204 Sheppard Avenue W have a garage and parking?
The listing does not show a garage. The driveway adds 13 spaces. In total the listing counts 13 parking spaces.
What style of home is 204 Sheppard Avenue W?
204 Sheppard Avenue W is an office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 204 Sheppard Avenue W, and what is the lot size?
The lot is listed as 50 x 117.7 ft.
How is 204 Sheppard Avenue W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 204 Sheppard Avenue W?
Property taxes are $10,696 a year (2026), or about $891 a month.
Where is 204 Sheppard Avenue W?
204 Sheppard Avenue W is in the Lansing-Westgate community of Toronto. The nearest main intersection is Sheppard Ave / Senlac Rd. The postal code is M2N 1N1.
Is 204 Sheppard Avenue W still for sale?
Yes. It is an active listing (MLS® C13808150). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 204 Sheppard Avenue W asking?
Similar properties for sale nearby right now include 204 Sheppard Avenue W at $2,588,000 (6+1 bed), 758 Sheppard Avenue W at $2,498,000 and 137 Sheppard Avenue E at $2,489,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 204 Sheppard Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 204 Sheppard Avenue W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Lansing-Westgate, picked by style, size and price.
Triplex$2,588,000204 Sheppard Avenue W, Toronto6+1 bed · 3 bath · Lansing-WestgateCourtesy of: ONE PERCENT REALTY LTD.View home →
Commercial retail$2,498,000758 Sheppard Avenue W, Toronto2 bath · Bathurst ManorCourtesy of: RE/MAX REALTRON REALTY INC.View home →
Office$2,489,000137 Sheppard Avenue E, Toronto2 bath · Willowdale EastCourtesy of: HARVEY KALLES REAL ESTATE LTD.View home →Courtesy of: ONE PERCENT REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.