99 Sheppard Avenue, Toronto C14

Price: $2,988,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: C13611682

**Prime Yonge & Sheppard Investment & Development Opportunity!** Exceptional freestanding mixed-use building in one of North York's most sought-after commercial corridors, offering outstanding exposure, stable income, and significant future redevelopment potential. Situated on a prestigious **C6-zoned** property with an existing tenant, this turnkey asset is ideal for investors, developers, or end-users looking to secure a prime location with multiple value-add opportunities.The building has been extensively renovated with high-quality finishes and offers exceptional flexibility for a wide range of professional and commercial uses, including medical and dental clinics, legal offices, accounting firms, travel agencies, health and wellness centres, retail, and many other permitted uses.Adding to its appeal, the property offers excellent long-term redevelopment potential with the possibility of a **7-storey mixed-use condominium project** (subject to all required approvals buyer to perform their own due dilligence). Additional features include convenient rear parking, immediate access to Highway 401, and a short walk to both Yonge and Sheppard subway stations, surrounded by high-density residential developments, office towers, restaurants, and major amenities.A rare opportunity to own a premium asset in one of Toronto's fastest-growing urban hubs-offering immediate income today with exceptional upside for tomorrow.

99 Sheppard Avenue - Detached photo 1 of 19 in Willowdale / Newtonbrook, Ontario
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$2,988,000 - 99 Sheppard Avenue, Willowdale

Detached for Sale in Willowdale

Neighbourhood: Willowdale East

5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
C13611682
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Willowdale / Newtonbrook
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

**Prime Yonge & Sheppard Investment & Development Opportunity!** Exceptional freestanding mixed-use building in one of North York's most sought-after commercial corridors, offering outstanding exposure, stable income, and significant future redevelopment potential. Situated on a prestigious **C6-zoned** property with an existing tenant, this turnkey asset is ideal for investors, developers, or end-users looking to secure a prime location with multiple value-add opportunities.The building has been extensively renovated with high-quality finishes and offers exceptional flexibility for a wide range of professional and commercial uses, including medical and dental clinics, legal offices, accounting firms, travel agencies, health and wellness centres, retail, and many other permitted uses.Adding to its appeal, the property offers excellent long-term redevelopment potential with the possibility of a **7-storey mixed-use condominium project** (subject to all required approvals buyer to perform their own due dilligence). Additional features include convenient rear parking, immediate access to Highway 401, and a short walk to both Yonge and Sheppard subway stations, surrounded by high-density residential developments, office towers, restaurants, and major amenities.A rare opportunity to own a premium asset in one of Toronto's fastest-growing urban hubs-offering immediate income today with exceptional upside for tomorrow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,216.93/mo

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5-yr fixed avg.

Principal: $2,390,400Interest: $1,574,680
Mortgage Amount$2,390,400
Total Interest$1,574,680
Est. Property Tax$2,117/mo
Total Cost$3,965,080

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Willowdale East

Discover Willowdale East

Willowdale East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Willowdale East

  • Convenient location in Willowdale / Newtonbrook
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Willowdale East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

99 Sheppard Avenue, Willowdale / Newtonbrook

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$2,117
Insurance (est.)-$623
Net Cash Flow+$860

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2716/sqft, this property is priced above the Willowdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Willowdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Willowdale.

About Willowdale East

I know Willowdale East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    99 Sheppard Avenue | $2,988,000 | Battaglia Team