290 Sheppard Avenue W, Toronto C07

$2,458,000
290 Sheppard Avenue W

$2,458,000

New
27d
DetachedBacksplit 5

290 Sheppard Avenue W, Toronto C07

Total Monthly Obligation $12,527

Beds
4
Baths
3
Park
6
Sqft
2500-3000
DOM
27d
Score
13
Yield
2.9%
Cash on Cash
-13.5%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.5%
Property Type-Detached
MLS® Number-C13832614
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-50.06 × 125.16 ft
Listed on site-Sep 26, 2026
Style-Backsplit 5
Building Type-Detached
Taxes-$26,843.29 (2026)
Parking-8 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Immediate
Neighbourhood-Lansing-Westgate
Title-Residential Freehold

No agent assigned

Rare Redevelopment Opportunity At 290 Sheppard Ave W In Prime North York! Excellent Site For Investors, Builders And Developers Seeking A Boutique Mid-Rise Residential Development Opportunity Along The Sheppard Corridor. Approximately 6,250 Sq. Ft. Lot With Excellent Sheppard Ave W Frontage And Existing Zoning Framework Supporting A 6-Storey Development With An FSI Of Approximately 2.5. Conceptual Residential Design Illustrates The Potential For An Approximately 38-Unit Boutique Hotel Residence, Subject To Required Municipal Site Plan Approvals. Minutes To Yonge & Sheppard, Subway, Hwy 401, Shopping, Restaurants, Schools And Neighbourhood Amenities. Existing Architectural And Development Materials Available For Review. Residential Rendering Is Conceptual Only. Buyer To Conduct Their Own Due Diligence And Verify All Zoning, Density, Uses And Development Potential.**** Commercial uses permitted in CR include things such as Office, Medical Office, Financial Institution, Personal-Service Shop, Wellness Centre, Art/Artist Studio, Education uses and other commercial/community uses; ****

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,966,400
Land Transfer Taxes$47,925
Legal Fees (Est.)
$
Total cash required for closing$541,025

Total Monthly Obligation

$12,527/mo
Mortgage $9,915
Monthly Loss $9,918
Principal$2,609
Interest$7,306
Property Tax$2,237
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.2%0
5-Year IRR
3.0%6
10-Year IRR
5.3%
Returns Index
4.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$72,048/yr
NOI
$33,500/yr
Net Cash Flow
-$7,123/mo
Cash Margin
-118.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
11.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 290 Sheppard Avenue W

Time

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