**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.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $2,716 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 99 Sheppard Ave E
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
8 spaces
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
99 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® C13611682$2,988,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 99 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.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$14,679
/mo
based on the purchase price of $2,988,000
$597,600 cash
$2,390,400 financed
$2,013,344 total interest
Principal54%$2,390,400
Interest46%$2,013,344
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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.
Similar homes for sale nearby in Toronto
Other 3–5 bed homes for sale in Toronto around $3.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5149.6%On average, homes sold at or above asking.
Active listings12,762Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,206 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
99 Sheppard Ave E is listed at $2,988,000 (MLS® C13611682). Summitly updates the price as soon as the MLS® record changes.
Is $2,988,000 a good price for 99 Sheppard Ave E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 99 Sheppard Ave E changed?
No — 99 Sheppard Ave E is still listed at its original asking price of $2,988,000.
How many bedrooms and bathrooms does 99 Sheppard Ave E have?
99 Sheppard Ave E has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Toronto.
Is 99 Sheppard Ave E close to transit?
The nearest rapid-transit station is Sheppard-Yonge Station (Line 1, Line 4), about 450 m (about a 6-minute walk) in a straight line. North York Centre Station is about 890 m (about a 11-minute walk), and Bayview Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 99 Sheppard Ave E?
About $14,679 a month — principal and interest on $2,988,000 with 20% down ($597,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 99 Sheppard Ave E compare with other homes in Toronto?
Its asking price of $2,988,000 is about 256% above the median sold price in Toronto over the last 90 days, $840,000, across 9,206 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 99 Sheppard Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 99 Sheppard Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 99 Sheppard Ave E?
99 Sheppard Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 99 Sheppard Ave E been on the market?
106 days — 99 Sheppard Ave E was listed on July 27, 2026.
What is the price per square foot of 99 Sheppard Ave E?
About $1,992 to $2,716 per square foot: the asking price of $2,988,000 over the 1,100–1,500 sq ft the listing gives as its size range.