Welcome to this remarkable office located in the coveted neighborhood of Agincourt South-Malvern West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Rare Freehold Commercial Offering on Sheppard Avenue East. A distinguished corner property at the intersection of Sheppard Avenue East and Gordon Ave in the established Agincourt South-Malvern West neighbourhood of Toronto. This freestanding, three-level commercial building - plus full basement - delivers approximately 6,672 sq ft of total space (2671sqft Main Floor - 903sqft 2nd Floor - 510sqft 3rd Floor - 2588sqft Basement) on a generous 50 x 119 ft rectangular lot with exceptional north-facing Sheppard Avenue frontage and west-side Gordon Ave. Purpose-built and long tenured as a medical and professional office centre, the property features 18+ rooms across four levels: a fully built-out main floor with multiple examination and consultation rooms equipped with in-floor plumbing, a second-floor apartment-style suite with kitchen, three offices, bathroom, and generous closet space, and a third-floor loft office ideal for private practice or administrative use. The full-height basement offers additional treatment rooms, a bathroom/laundry facility, and ample storage. Three independent HVAC zones, central air conditioning, electric forced air heating, municipal water, and sanitary sewers ensure operational readiness. Roof re-shingled approximately six years ago. Zoned CR0.5(c0.5;r0)*632) under the City of Toronto Official Plan - designated Mixed Use including Residential - and situated within a Major Transit Station Area, this asset presents compelling flexibility for owner-occupiers, investors, or developers exploring land assembly opportunities along one of Scarborough's most trafficked commercial corridors. Immediate possession available. Great opportunity for investors, developers, medical or legal professionals.
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Data-driven valuation for 4023 Sheppard Avenue, Toronto E07, ON M1S 1S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,750,000 in Toronto, the legal minimum down payment is $550,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $55,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $55,225 also applies, bringing the total estimated land transfer taxes to $110,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.