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Sheppard Ave Portfolio 2 Office Properties Offered at $15,499,000 CAD in Toronto, ON
Investment Highlights
- An alternative development concept has also been prepared, outlining a reduced-scale program of approximately 297,000 SF of GFA over 25-storeys.
- Supported by strong rental fundamentals, limited new supply, and continued intensification along the Sheppard corridor.
- The site sits on 0.93 acres of land with interim holding income from a diverse mix of tenancies.
- This offering presents a compelling opportunity to capitalize on both near-term execution and long-term growth.
Executive Summary
4151-4155 Sheppard Avenue East & 5 Lamont Avenue represents a rare opportunity to acquire a fully zoned, transit-oriented high-rise development site in the heart of Scarborough, directly across from Agincourt GO Station. All three properties are included in the listing price and related development application. The property benefits from an OLT-approved settlement permitting a 39-storey residential tower with approximately 409,000 SF of GFA
Property Facts
| Price | $15,499,000 CAD | Number of Properties | 2 |
| Price / SF | $849.82 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 18,238 SF |
| Status | Active | Total Land Area | 0.61 AC |
| Price | $15,499,000 CAD |
| Price / SF | $849.82 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,238 SF |
| Total Land Area | 0.61 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4155 Sheppard Ave E, Toronto, ON M1S 1T4 | Office | 13,448 SF | 1954 | - |
| 4151 Sheppard Ave E, Toronto, ON M1S 1T4 | Office | 4,790 SF | 1990 | - |
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Sheppard Ave Portfolio
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