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    For Sale - 861 Sheppard Ave Avenue Unit# 57, Toronto, Ontario

    Est payment $8,163/mo
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    Views   1
    Time on Jump  11 day

    AI Summary *

    • Rare fourplex configuration offers strong income potential in Toronto.
    • Each unit is self-contained, attracting a wide range of tenants.
    • Upper units feature exclusive balconies and access to a rooftop terrace.
    • Condominium structure reduces exterior maintenance responsibilities for owners.
    • Conveniently located near transit, shopping, and amenities for tenant appeal.




    Exceptional investment opportunity at 861 sheppard ave w featuring a rare fourplex configuration in a highly desirable toronto location. This purpose-built property offers four self-contained residential units, creating strong income potential and broad tenant appeal. The main floor unit is a fully furnished studio that lives more like a one-bedroom suite, offering an efficient layout enhanced by an abundance of natural light. The upper three units, located on the second, third, and fourth floors, are larger in size and provide spacious living accommodations that appeal to long-term tenants and professionals alike. A standout feature of the upper units is the private outdoor space. Each larger suite enjoys its own exclusive balcony, while all four units benefit from access to dedicated rooftop terrace areas. These outdoor spaces enhance tenant enjoyment what truly sets this property apart is its unique condominium structure. This fourplex forms part of a condominium corporation that manages and maintains the exterior elements of the property. For investors, this presents a compelling advantage by reducing many of the responsibilities typically associated with exterior building maintenance and long-term capital upkeep. This unique arrangement offers an attractive blend of investment ownership and operational convenience. Ideally situated along the sheppard corridor with convenient access to transit, major roadways, shopping, restaurants, and everyday amenities, the property is well-positioned to attract a diverse tenant base. Whether you are looking to expand your real estate portfolio, secure a stable income-producing asset, or capitalize on toronto's continued rental demand, this property offers a rare combination of cash-flow potential, desirable unit features, outdoor living spaces, and a low-maintenance ownership structure. A truly unique opportunity for the savvy investor seeking a turnkey multi-residential asset in a prime location.
    Listing IDC13235604
    Address861 Sheppard Ave Avenue Unit# 57
    CityToronto, Ontario
    Price$1,699,900
    Bed / Bath4 / 4 Full
    StyleMulti-Level, Other
    ConstructionBrick
    TypeResidential Condo & Other
    StatusFor Sale

    Subtype OtherIndoor Features Other, EnsuiteOutdoor Features PatioBuilding Amenities Party Room/Meeting RoomBasement NoneFoundation ConcreteHeating / Cooling Forced AirHeating Fuel Gas

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    Listing Agency:  RE/MAX CROSSTOWN REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    861 Sheppard Ave Avenue Unit# 57
    Toronto , Ontario
    4 4 $1,699,900
    Get more info