Price Estimate: $3,100,130
290 Sheppard Ave W
Lansing-Westgate, Toronto
$2,888,000
Price Estimate: $3,100,130
Buy with Dwelly and Save $28,880
Home Details
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Listing Description
Don't miss this incredible investment opportunity in the prime North York area! This rarely offered property on Sheppard Ave West, just a few blocks west of the vibrant Yonge & Sheppard corridor, presents a multitude of possibilities for both end users and investors. For those looking to embark on a redevelopment project, this property holds immense potential. With the possibility of constructing a stand-alone office building up to 6 stories, you can capitalize on the thriving local market. Additionally, the current building can be renovated to accommodate various uses, providing flexibility to suit your specific needs.The City of Toronto has recently introduced a new secondary plan for this area, highlighting its promising future and further emphasizing the significance of this investment opportunity. For investors seeking immediate returns, this property holds significant income-generating potential. With the ability to produce an estimated rental income of $6,000 to $8,000 per month
**Zoning Amendment Application Has Been APPROVED For Application Proposes To Develop A 6 Storey Hotel Containing 38 rooms with 6 Surface Parking Spaces At 290 Sheppard Avenue West.**
City: Toronto
Neighborhood: Lansing-Westgate
Property History
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 290 Sheppard Ave W is 16367
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2888000 |
| Down Payment | $577600 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2310400 |
Monthly Payment
| Mortgage Payment | $14237 |
| Property Taxes | $2130 |
| Maintenance Fees | $0 |
| Monthly Payment | $16367 |
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About 290 Sheppard Ave W, Toronto
Located at 290 Sheppard Ave W , this Toronto house is available for sale. This property was listed for $2,888,000 on Wed Mar 27 2024. This house's size is 50.06 x 125.16 Feet. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: . This property comes with 8 parking spots. 290 Sheppard Ave W, Toronto is situated in the Lansing-Westgate neighbourhood.
MLS#: C8097970 · $2,888,000 · 4 bedroom house in Lansing-Westgate, Toronto