290 Sheppard Ave W , Toronto, ON M2N 1N5
Toronto, ON M2N 1N5
Description
Don't miss this incredible investment opportunity in the prime North York area! This rarely offered property on Sheppard Ave West, just a few blocks west of the vibrant Yonge & Sheppard corridor, presents a multitude of possibilities for both end users and investors. For those looking to embark on a redevelopment project, this property holds immense potential. With the possibility of constructing a stand-alone office building up to 6 stories, you can capitalize on the thriving local market. Additionally, the current building can be renovated to accommodate various uses, providing flexibility to suit your specific needs.The City of Toronto has recently introduced a new secondary plan for this area, highlighting its promising future and further emphasizing the significance of this investment opportunity. For investors seeking immediate returns, this property holds significant income-generating potential. With the ability to produce an estimated rental income of $6,000 to $8,000 per month
Details
| Mls | C8097972 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Subtype | Resale |
| Status | Active |
| Days On Site | 285 |
| Listing Provided By | RE/MAX REALTRON REALTY INC. | BackAtYou |
Features
| Basement | Y |
|---|---|
| Zoning | COMMERCIAL |
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Learn More About This Property
| State | ON |
|---|---|
| County | Toronto C07 |
| City | Toronto |
| Zip Code | M2N 1N5 |
| Area | Toronto |
| Community Name | Lansing Westgate |
| Listing VS Median (in Lansing Westgate) | |
Price: $2,888,000 low | high Med: $0 On Site: 285 low | high Med: | |
