288 Sheppard Ave is an investment in Toronto, listed for $1.
1Ft. single tenant retail building occupied by Rexall.
2It's an income producing asset with future redevelopment potential.
3The Site is ideally located between the Yonge & Sheppard and Yonge & Bayview intersections, providing access to numerous amenities and TTC subway lines 1 and 4.
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Commercial Property in Toronto
About 288 Sheppard Avenue
288 Sheppard Ave. E is a 7,000 Sq. Ft. single tenant retail building occupied by Rexall. It's an income producing asset with future redevelopment potential. The Site is ideally located between the Yonge & Sheppard and Yonge & Bayview intersections, providing access to numerous amenities and TTC subway lines 1 and 4. It's designated Mixed Use Areas in the Official Plan. Offers Due: Tuesday, July 21st , 2026 BY 12PM (EST)
Toronto investment priced at $1 — book a tour to see if it fits your search.
Inside 288 Sheppard Ave
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.289
Listing & possession
Property class
Investment
288 Sheppard Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13242128$1
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 288 Sheppard Ave 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 288 Sheppard Ave. 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 market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,217Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
288 Sheppard Ave is listed at $1 (MLS® C13242128). Summitly updates the price as soon as the MLS® record changes.
Has the price of 288 Sheppard Ave changed?
No — 288 Sheppard Ave is still listed at its original asking price of $1.
How many bedrooms and bathrooms does 288 Sheppard Ave have?
The listing for 288 Sheppard Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 288 Sheppard Ave close to transit?
The nearest rapid-transit station is Bayview Station (Line 4), about 890 m (about a 11-minute walk) in a straight line. Sheppard-Yonge Station is about 1.1 km (about a 14-minute walk), and North York Centre 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 288 Sheppard Ave compare with other homes in Toronto?
Its asking price of $1 is about 100% below the median sold price in Toronto over the last 90 days, $849,000, across 9,409 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 288 Sheppard Ave been sold before?
Summitly has no earlier MLS® sale or lease of 288 Sheppard Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 288 Sheppard Ave?
288 Sheppard Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 288 Sheppard Ave been on the market?
133 days — 288 Sheppard Ave was listed on June 4, 2026.
What is the land transfer tax on 288 Sheppard Ave?
About $0 at the asking price of $1: $0 Ontario land transfer tax plus $0 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 288 Sheppard Ave 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 288 Sheppard Ave?
The listing for 288 Sheppard Ave 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 288 Sheppard Ave built?
The listing for 288 Sheppard Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.