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$1,699,900
Ontario,Toronto (Clanton Park)
For Sale Active
57 - 861 SHEPPARD AVE AVENUE W, Toronto (Clanton Park), Ontario M3H2T5
  • 4
  • 4
  • 2000 - 2249Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: C13235604
  • Price: $1,699,900
  • Bedrooms: 4
  • Bathrooms: 4
  • Square Footage: 2000 - 2249 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 280062
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: None
  • Parking: Underground, Garage
  • Architectural Style: Multi-level
  • Exterior Features: Brick
Address Map
  • Location: CA, Ontario, Toronto (Clanton Park), M3H2T5
  • Street: Sheppard Ave
  • Street Number: 861
  • Street Suffix: Avenue
  • Longitude: W80° 32' 49.9''
  • Latitude: N43° 45' 8.3''
  • Street Dir Suffix: West
Additional Information
  • Community Features:
  • Foundation Details:
  • Lot Features:
Financial
  • Association Fee: 563.75
  • Association Fee Frequency: Monthly
  • Association Fee Includes:
  • Tax Annual Amount: 4449.72
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Listing updated: 2026-06-18 14:04:40
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Listing Information
  • List Agent Key: 1570024
  • List Office Key: 280062
  • Modification Timestamp: 2026-06-03T19:10:45Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-03T19:01:44Z
Powered by REALTOR.ca
Listing updated: 2026-06-18 14:04:40
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