Active Other For Sale 17 DOM
$1,699,900
MLS® C13235604

861 Sheppard Ave Avenue W 57, Toronto C06, ON M3H 2T5

Toronto C06 · Clanton Park · M3H 2T5
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Rare fourplex on Sheppard W with four self-contained units and strong rental income potential; priced competitively for the Toronto market.
4
Beds
4
Baths
2000-2249
Sqft

About this home

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.

📋 Property summary 6 details
Property Type
Other
Style
['Multi-Level']
Square Footage
2000-2249
Days on Market
17 days
Annual Taxes
$4,449
Community
Clanton Park
🏠 Interior 1 features
Basement
None
Interior features
Other
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
📐 Rooms & dimensions 12 rooms · 4 levels
Second
Kitchen 2'1" × 2'4"
Living Room 3'5" × 4'6"
Bedroom 3'5" × 5'6"
Upper
Kitchen 2'1" × 2'4"
Living Room 3'5" × 4'6"
Bedroom 3'5" × 5'6"
Third
Kitchen 2'1" × 2'4"
Living Room 3'5" × 4'6"
Bedroom 3'5" × 5'6"
Ground
Common Room 3'1" × 3'5"
Foyer 1'1" × 1'10"
Kitchen 2'1" × 2'4"
🏢 Condo details
Maintenance Fee
$564/monthly
Pets
['Yes-with Restrictions']
Locker
None
Exposure
North West
Balcony
Open
Fee includes
Common Elements IncludedBuilding Insurance Included
Building amenities
Party Room/Meeting Room
📦 Inclusions & exclusions
Included with sale

All Appliances,Window Coverings,Furniture

📃 Listing details
MLS® Number
C13235604
Days on Market
17 days
Possession
Flexible
Listing Brokerage
RE/MAX CROSSTOWN REALTY INC.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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About Toronto C06

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$1,699,900
861 Sheppard Ave Avenue W 57, Toronto C06, ON M3H 2T5
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What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 861 Sheppard Ave Avenue W 5... is priced fairly, over, or under.

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