4245 Sheppard Ave is a 7-bathroom office in Toronto, listed for $6,800,000.
1MULTI-Unit user/investor opportunity with significant redevelopment upside.
2Strategically located on a 0.957-acre site along the rapidly intensifying Sheppard Avenue corridor, less than 800 metres from Agincourt GO Station and within the Sheppard Subway Extension corridor.
3For investors, the asset combines current cash-flow potential with long-term appreciation driven by major transit investment and neighbourhood intensification.
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7 Bath Commercial Property in Toronto
About 4245 Sheppard Avenue
MULTI-Unit user/investor opportunity with significant redevelopment upside. Strategically located on a 0.957-acre site along the rapidly intensifying Sheppard Avenue corridor, less than 800 metres from Agincourt GO Station and within the Sheppard Subway Extension corridor. Improved with an approximately 5,200 SF multi-unit commercial building plus a 5,200 SF basement level, the property offers flexible occupancy for owner-users, income-generating potential through multiple commercial units, ample surface parking and 600 Amp electrical service. For investors, the asset combines current cash-flow potential with long-term appreciation driven by major transit investment and neighbourhood intensification. For developers, the property is designated Mixed Use Areas and benefits from an Avenues Overlay, providing a compelling framework for future mixed-use redevelopment. Surrounded by existing and proposed high-density projects, the site is exceptionally well-positioned within one of Scarborough's key growth corridors. A rare opportunity to acquire a functional income-producing asset today with substantial future redevelopment potential.
Toronto office priced at $6,800,000 — book a tour to see if it fits your search.
Inside 4245 Sheppard Ave
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
0.957
Listing & possession
Property class
Office
4245 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® E13589880$6,800,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4245 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.
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 ratio5192.3%On average, homes sold at or above asking.
Active listings11,916Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4245 Sheppard Ave
How much is 4245 Sheppard Ave listed for?
4245 Sheppard Ave is listed at $6,800,000 (MLS® E13589880). Summitly updates the price as soon as the MLS® record changes.
Has the price of 4245 Sheppard Ave changed?
No — 4245 Sheppard Ave is still listed at its original asking price of $6,800,000.
How many bedrooms and bathrooms does 4245 Sheppard Ave have?
4245 Sheppard Ave has 7 bathrooms. It is a commercial property in Toronto.
How does 4245 Sheppard Ave compare with other homes in Toronto?
Its asking price of $6,800,000 is about 706% above the median sold price in Toronto over the last 90 days, $844,000, across 9,129 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 4245 Sheppard Ave been sold before?
Summitly has no earlier MLS® sale or lease of 4245 Sheppard Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4245 Sheppard Ave?
4245 Sheppard Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4245 Sheppard Ave been on the market?
109 days — 4245 Sheppard Ave was listed on July 21, 2026.
What is the land transfer tax on 4245 Sheppard Ave?
About $433,450 at the asking price of $6,800,000: $156,475 Ontario land transfer tax plus $276,975 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 4245 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 4245 Sheppard Ave?
The listing for 4245 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 4245 Sheppard Ave built?
The listing for 4245 Sheppard Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
