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4155 Sheppard AVE E Toronto E07, ON M1S 1T4
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Municipality Toronto E07
Subdivision Agincourt South-Malvern West
MLS Listing ID E13084274
Annual Tax Amount $77,490
Tax Year 2026
Property Sub-Type Land
Property Description
4151-4155 Sheppard Avenue East & 5 Lamont Avenue represents a rare opportunity to acquire a fully zoned, transit-oriented high-rise development site in the heart of Scarborough, directly across from Agincourt GO Station. All three properties are included in the listing price and related development application. The property benefits from an OLT-approved settlement permitting a 39-storey residential tower with approximately 409,000 SF of GFA. An alternative development concept has also been prepared, outlining a reduced-scale program of approximately 297,000 SF of GFA over 25-storeys. The site sits on 0.93 acres of land with interim holding income from a diverse mix of tenancies. This opportunity allows investors to pursue either the fully approved density or a right-sized alternative program, delivering optionality in a constrained development market. Supported by strong rental fundamentals, limited new supply, and continued intensification along the Sheppard corridor, this offering presents a compelling opportunity to capitalize on both near-term execution and long-term growth within one of Toronto's most dynamic emerging nodes.
Location
Province ON
County Toronto
Community Toronto E07
Area Toronto
Zoning CR0.58(c0.58;r0)*326)
Exterior
Utilities Available Yes
Lot Frontage 179.0
Lot Depth 269.0
Others
ParcelsYN No
Listed by LENNARD COMMERCIAL REALTY