4 Bedroom
4 Bathroom
2,000 - 2,249 ft2
Multi-Level
Central Air Conditioning
Forced Air
$1,699,900Maintenance, Common Area Maintenance, Insurance
$563.75 Monthly
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. (id:64876)
Property Details
|
MLS® Number
|
C13235604 |
|
Property Type
|
Single Family |
|
Community Name
|
Clanton Park |
|
Community Features
|
Pets Allowed With Restrictions |
|
Features
|
Balcony |
|
Structure
|
Patio(s) |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Amenities
|
Party Room |
|
Appliances
|
All, Furniture, Window Coverings |
|
Architectural Style
|
Multi-level |
|
Basement Type
|
None |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,000 - 2,249 Ft2 |
|
Type
|
Other |
Parking
Land
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
2.1 m |
2.3 m |
2.1 m x 2.3 m |
|
Second Level |
Living Room |
3.4 m |
4.5 m |
3.4 m x 4.5 m |
|
Second Level |
Bedroom |
3.4 m |
5.5 m |
3.4 m x 5.5 m |
|
Third Level |
Kitchen |
2.1 m |
2.3 m |
2.1 m x 2.3 m |
|
Third Level |
Living Room |
3.4 m |
4.5 m |
3.4 m x 4.5 m |
|
Third Level |
Bedroom |
3.4 m |
5.5 m |
3.4 m x 5.5 m |
|
Upper Level |
Living Room |
3.4 m |
4.5 m |
3.4 m x 4.5 m |
|
Upper Level |
Bedroom |
3.4 m |
5.5 m |
3.4 m x 5.5 m |
|
Upper Level |
Kitchen |
2.1 m |
2.3 m |
2.1 m x 2.3 m |
|
Ground Level |
Kitchen |
2.1 m |
2.3 m |
2.1 m x 2.3 m |
|
Ground Level |
Foyer |
1.1 m |
1.8 m |
1.1 m x 1.8 m |
https://www.realtor.ca/real-estate/29848354/57-861-sheppard-ave-avenue-w-toronto-clanton-park-clanton-park
