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$1,699,900

Unit 57 - 861 Sheppard Ave Ave W

Toronto C06, ON M3H 2T5

Unit 57 - 861 Sheppard Ave Ave W, Toronto C06Listed at $1,699,900. 4 bedroom, 4 bathroom Multi-Level. MLS® C13235604.

Just listed — 3 days ago
4Beds
4Baths
2000-2249sqft
Multi-Level
$4,449.72 (2025)

What's this home worth?

Get a free estimate for 861 Sheppard Ave Ave W

Description

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.

Property Details

Property TypeOther
StyleMulti-Level
CommunityClanton Park
Rooms12
Kitchens4
Washrooms4
Square Feet2000-2249 sqft
Dir/Cross StSheppard Ave / Allen Rd
ExposureNorth West
Garage TypeUnderground
ExteriorBrick
RoofFlat
FoundationConcrete
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2025)$4,449.72
Maintenance Fee$563.75/Monthly
HSTIncluded In
LockerNone
Listed Date6/3/2026
Days on Market3 days

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Listing Courtesy of: RE/MAX CROSSTOWN REALTY INC.

MLS® #C13235604

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 57 - 861 Sheppard Ave Avenue W

This other (Multi-Level) is located in the Clanton Park neighbourhood of Toronto.

The home offers 4 bedrooms, 4 bathrooms.

Listed at $1,699,900 CAD with annual property taxes of $4,449.72 (2025). This listing has been on the market for 3 days.

About Toronto Real Estate

This Other is located in the Clanton Park community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →