Welcome to this remarkable land 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 $15,499,000 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.
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.
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Data-driven valuation for 4155 Sheppard Avenue E, Toronto E07, ON M1S 1T4
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 $15,499,000 in Toronto, the legal minimum down payment is $3,099,800 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 $373,950 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $373,950 also applies, bringing the total estimated land transfer taxes to $747,900.
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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.