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57 - 861 Sheppard Ave Avenue W Toronto, Ontario M3H 2T5

4 Bedroom 4 Bathroom 2000 - 2249 sqft
Multi-Level Central Air Conditioning Forced Air

$1,699,900

Maintenance, Common Area Maintenance, Insurance

$563.75 Monthly

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:60365)

Property Details

MLS® Number C13235604
Property Type Single Family
Community Name Clanton Park
CommunityFeatures Pets Allowed With Restrictions
Features Balcony
Structure Patio(s)

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsTotal 4
Amenities Party Room
Appliances All, Furniture, Window Coverings
ArchitecturalStyle Multi-level
BasementType None
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 2000 - 2249 Sqft
Type Other

Parking

Underground
Garage

Land

Acreage No

Rooms

Level Type Dimensions
Second Level Kitchen 2.1 m x 2.3 m
Second Level Living Room 3.4 m x 4.5 m
Second Level Bedroom 3.4 m x 5.5 m
Third Level Kitchen 2.1 m x 2.3 m
Third Level Living Room 3.4 m x 4.5 m
Third Level Bedroom 3.4 m x 5.5 m
Upper Level Living Room 3.4 m x 4.5 m
Upper Level Bedroom 3.4 m x 5.5 m
Upper Level Kitchen 2.1 m x 2.3 m
Ground Level Kitchen 2.1 m x 2.3 m
Ground Level Foyer 1.1 m x 1.8 m

https://www.realtor.ca/real-estate/29848354/57-861-sheppard-ave-avenue-w-toronto-clanton-park-clanton-park

Alicia Marie Zanette
Broker

RE/MAX Crosstown Realty Inc.
253 Barrie Street
Thornton, Ontario L0L 2N0

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June 03 2026 07:01:44

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