8815 Sheppard Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Rouge E11. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,030,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Efficient propane gas heating
Description
Located in a highly accessible Scarborough location near Highway 401, 8815 Sheppard Ave E presents a compelling mixed-use opportunity. The property features two existing buildings: a small office building and an industrial metal dome structure, providing flexibility for a variety of uses. The property is set back from Sheppard Ave with access via titled easement, ensuring functional connectivity. Scarborough's strong industrial and commercial market, combined with proximity to major transportation routes, makes this property an attractive option for investors or developers looking to capitalize on long-term growth potential
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8815 Sheppard Avenue, Toronto, ON M1B 5R7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,030,000 in Toronto, the legal minimum down payment is $406,000 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 $37,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $37,225 also applies, bringing the total estimated land transfer taxes to $74,450.
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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.
