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2 Bath Commercial Property in Toronto
About 137 Sheppard Avenue East
Freestanding office with 11 parking spaces, steps east of Yonge and Sheppard. This two-storey brick building offers approx. 1,480 sq ft above grade plus a 750 sq ft finished lower level, a rare combination in the heart of North York Centre. Step out into the energy of Yonge and Sheppard: Sheppard-Yonge station (Lines 1 and 4), the offices, shops and restaurants of North York Centre, and Hwy 401 minutes away, with the Willowdale park path and Glendora Park close by. C7 zoning permits a broad range of uses, including professional and medical office, retail, personal service, residential and live/work, making it a compelling option for a practitioner who wants to work and live under one roof. Currently tenanted, with income in place and flexibility for a future owner-occupier. Within the North York Centre Secondary Plan review area, where the draft plan proposes mid-rise heights along Sheppard. Buyer to verify zoning, permitted uses, planning status and measurements.
Toronto office priced at $2,489,000 — book a tour to see if it fits your search.
Inside 137 Sheppard Ave E
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
5543
Listing & possession
Property class
Office
137 Sheppard Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14098972$2,489,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 137 Sheppard Ave E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 137 Sheppard Ave E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,273Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
137 Sheppard Ave E is listed at $2,489,000 (MLS® C14098972). Summitly updates the price as soon as the MLS® record changes.
Has the price of 137 Sheppard Ave E changed?
No — 137 Sheppard Ave E is still listed at its original asking price of $2,489,000.
How many bedrooms and bathrooms does 137 Sheppard Ave E have?
137 Sheppard Ave E has 2 bathrooms. It is a commercial property in Toronto.
Is 137 Sheppard Ave E close to transit?
The nearest rapid-transit station is Sheppard-Yonge Station (Line 1, Line 4), about 730 m (about a 9-minute walk) in a straight line. North York Centre Station is about 1.0 km (about a 13-minute walk), and Bayview Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 137 Sheppard Ave E compare with other homes in Toronto?
Its asking price of $2,489,000 is about 196% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 137 Sheppard Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 137 Sheppard Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 137 Sheppard Ave E?
137 Sheppard Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 137 Sheppard Ave E been on the market?
3 days — 137 Sheppard Ave E was listed on October 20, 2026.
What is the land transfer tax on 137 Sheppard Ave E?
About $97,400 at the asking price of $2,489,000: $48,700 Ontario land transfer tax plus $48,700 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 137 Sheppard Ave E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 137 Sheppard Ave E?
The listing for 137 Sheppard Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 137 Sheppard Ave E built?
The listing for 137 Sheppard Ave E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.