$1,699,900Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 6.89' x 7.55' | |
| 2 | Foyer | Ground | 3.61' x 5.91' | |
| 3 | Kitchen | Upper | 6.89' x 7.55' | |
| 1 3-Piece Bathroom on Ground Floor | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom on Upper | ||||
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Clanton Park, Toronto is a north Toronto neighbourhood notable for its university grads, business and education, law & public sector professionals and tradespeople. It has a higher than average population of recent immigrants from the Philippines and those from the Philippines, and Tagalog speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9 and adults aged 35 to 49.
Kids Per Family
1.2
kids per family
in the neighbourhood.
47%
of residents are
single and loving it.
47% singles
Toronto (50%)
45%
of residents
are renters.
45% renters
Toronto (47%)
51%
of residents are
university grads.
51% university grads
Toronto (48%)Average Household Income
$130K
is the average household
income in the neighbourhood.
Professions
| Government | 14% |
| Sales | 14% |
| Business | 11% |
| Management | 6% |
| Trades | 6% |
46%
of residents were
born outside of Canada.
46% immigrants
Toronto (48%)17.5% from Philippines
All-time
5.1% from Philippines
Recent
Foreign Languages
| Tagalog | 12% |
| Italian | 4% |
| Russian | 4% |
| Spanish | 3% |
| French | 1% |
Religions
| Christian | 60% |
| Jewish | 23% |
| Muslim | 2% |
| Hindu | 1% |
| Buddhist | 1% |
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.