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$2,888,000
Available - For Sale
Listing ID: C8097970
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
Extras:   **Zoning Amendment Application Has Been APPROVED For Application Proposes To Develop A 6 Storey Hotel Containing 38 rooms with 6 Surface Parking Spaces At 290 Sheppard Avenue West.**
Price $2,888,000
Taxes: $25,558.54
Address: 290 Sheppard Ave West , Toronto, M2N 1N5, Ontario
Lot Size: 50.06 x 125.16 (Feet)
Directions/Cross Streets: Yonge/Sheppard/Bathurst
Rooms: 8
Bedrooms: 4
Washrooms: 3
Kitchens: 1
Family Room: N
Basement: Finished
Full
No. of Pieces Level
Washroom 1:  3 2nd
Washroom 2:  2 Main
Washroom 3:  3 Bsmt
Property Type: Detached
Style: Backsplit 3
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 6
Pool: None
Property Features: Fenced Yard
Park
Place Of Worship
Public Transit
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Lower
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.

290 Sheppard Ave West , Toronto, M2N 1N5, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Lansing-Westgate
Style: Backsplit 3
Lot Size: 50.06 x 125.16(Feet)
Approximate Age:
Tax: $25,558.54
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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