290 sheppard Avenue W, Toronto C07

$2,458,000
290 sheppard Avenue W

$2,458,000

New
27d
Investment

290 sheppard Avenue W, Toronto C07

Total Monthly Obligation $12,527

Beds
0
Baths
0
Park
8
DOM
27d
Property Type-Investment
MLS® Number-C13832624
Beds-0
Lot Size-50.06 × 125.16 ft
Listed on site-Sep 26, 2026
Building Type-Investment
Taxes-$26,843.29 (2026)
Parking-Double Detached
Heating-Gas Forced Air Closed
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-Lansing-Westgate
Title-Commercial

No agent assigned

Exceptional Development Opportunity On Sheppard Ave W In The Heart Of North York! Prime Site For Developers, Builders And Investors Along The Highly Desirable Sheppard Corridor. Situated On An Approx. 6,250 Sq. Ft. Lot, 290 Sheppard Ave W Benefits From Approved Zoning For A 6-Storey Boutique Hotel Development. The Architectural Concept Contemplates Approximately 38 Hotel Rooms, Presenting An Excellent Opportunity For Hotel Operators And Developers. The Property Offers Prominent Sheppard Ave W Frontage, Excellent Exposure And Convenient Access To Yonge & Sheppard, Subway, Hwy 401, Shops, Restaurants And Major Amenities. Architectural Plans And Development Documents Available. A Rare Opportunity To Acquire A Development Site In One Of North York's Most Established And Accessible Corridors. **** CR Zoning Also Permits A Range Of Commercial And Community Uses, Including Office, Medical Office, Financial Institution, Personal Service Shop, Wellness Centre, Artist Studio, Educational Uses And Other Permitted Uses. Approx. FSI 2.5. ****

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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

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 290 sheppard Avenue W

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