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Other for sale: 57 - 861 SHEPPARD AVE AVENUE W, Toronto
57 - 861 Sheppard Ave Avenue W
$1,699,900
Toronto , Ontario M3H2T5
4 bed
4 bath
About the Property

Sheppard Ave / Allen Rd 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. (id:27476)

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Property Details
MLS® Number
C13235604
Type
Single Family
Community Name
Clanton Park
Maintenance Fee
$563.75
Ownership Type
Condominium/Strata
Building
Building Type
Other
Square Footage
2000 - 2249 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Party Room
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Room Layout
Kitchen
Second level
2.1 m x 2.3 m
Living room
Second level
3.4 m x 4.5 m
Bedroom
Second level
3.4 m x 5.5 m
Kitchen
Third level
2.1 m x 2.3 m
Living room
Third level
3.4 m x 4.5 m
Bedroom
Third level
3.4 m x 5.5 m
Living room
Upper Level
3.4 m x 4.5 m
Bedroom
Upper Level
3.4 m x 5.5 m
Kitchen
Upper Level
2.1 m x 2.3 m
Kitchen
Ground level
2.1 m x 2.3 m
Foyer
Ground level
1.1 m x 1.8 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: RE/MAX CROSSTOWN REALTY INC.

$1,699,900 - 57 - 861 SHEPPARD AVE AVENUE W, Toronto Ontario M3H 2T5, Canada | Real Estate For Sale | HomeAds.ca

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Updated June 13th 2026 11:21 pm

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Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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