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.
Address
4023 Sheppard Avenue
List Price
$2,750,000
MLS® Status
Sold Conditional
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
Toronto E07
Sub-Area
Agincourt South-Malvern West
Region
Toronto
Lot Depth
128
Lot Type
Building
Lot Size Units
Feet
Lot Width
50
Parcel Number
061640498
Total Building Area
6405
Occupant Type
Owner
Cross Street
Sheppard Ave E and Kennedy Road
MLS® Number
E13061530
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement
Yes
Postal Code
M1S 1S7
Posession Details
30/60/90/TBD
Tax Amount
$19,338.64
Tax Year
2025
Standard Status
Active Under Contract
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
None
Tax Legal Description
LOT 16 on Plan 2390, Save and Except Part 12 on Expropriation Plan SC2335549, City of Toronto
Security Features
No
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