4023 Sheppard Ave E Toronto

For Sale · Commercial Office
$2,750,000 Freehold Commercial · For Sale 4023 Sheppard Ave East, Toronto
4023 Sheppard Avenue East  ·  Agincourt South-Malvern West  ·  Toronto M1S 1S7

A rare corner.
An exceptional opportunity.

A distinguished freehold commercial building at the intersection of Sheppard Avenue East and Gordon Avenue — 6,672 sq ft across four levels, purpose-built for medical and professional use, with significant redevelopment potential.

6,672 Sq Ft Total 4 Levels 18+ Rooms Corner Lot Mixed-Use Zoning Immediate Possession
Property Overview

Freehold commercial on Sheppard.
Corner lot. Immediate possession.

A rare freehold opportunity at the signalized intersection of Sheppard Avenue East and Gordon Avenue in the established Agincourt South-Malvern West neighbourhood of Toronto. This freestanding three-level building — plus full basement — delivers approximately 6,672 sq ft of total space on a generous 50 × 119 ft rectangular lot with exceptional north-facing Sheppard Avenue frontage. Purpose-built and long-tenured as a medical and professional office centre, the property presents compelling flexibility for owner-occupiers, investors, or developers exploring land assembly opportunities along one of Scarborough's most trafficked commercial corridors. Zoned Mixed-Use Commercial Residential (CR0.5) and situated within a designated Major Transit Station Area.

6,672 Total sq ft
4 Levels incl. basement
18+ Rooms / offices
50 ft Sheppard frontage
CR0.5 Mixed-use zoning
Now Possession available
Full Offering 4023 Sheppard Ave East — Feature Sheet Floor plans, property highlights, location overview · PDF
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Space Breakdown

6,672 sq ft across
four levels.

2
Second Floor 903 sq ft

Apartment-style suite with full kitchen, three private offices, bathroom, and generous closet space. Ideal as an associate or administrative floor, or long-term rental unit.

Kitchen 3 Offices Bathroom Closet Space
3
Third Floor 510 sq ft

Loft-style private office space — ideal for a senior practitioner, private practice, or administrative leadership. Quiet, separate from the main clinic flow.

Private Office Loft Configuration Hall & Storage
B
Basement 2,588 sq ft

Full-height basement offering substantial additional treatment rooms, a bathroom and laundry facility, and ample storage throughout. Significant usable area for expansion, records, or equipment storage.

Treatment Rooms Bathroom & Laundry Ample Storage Full Height
Total building area across all four levels 6,672 sq ft
Property Highlights

Built for practice.
Primed for opportunity.

Property Highlights
Purpose-built medical office — 18+ rooms across 4 levels
Fully built-out main floor with in-floor plumbing
Corner lot — Sheppard Ave E & Gordon Ave frontage
Prominent signage visibility on major east-west artery
Apartment-style 2nd-floor suite (kitchen, 3 offices, bath)
Loft office on 3rd floor — private, quiet, separate
Full-height basement with treatment rooms & laundry
Surface parking — multiple spaces
Roof re-shingled approximately 6 years ago
Mechanical & Systems
Three independent HVAC zones
Central air conditioning (partial)
Electric forced air heating
Municipal water & sanitary sewers
All lighting & HVAC included as-is / where-is
List Price $2,750,000
Property Type Commercial Office (Freehold)
Primary Use Medical / Dental / Professional
Total Area 6,672 sq ft (4 levels)
Lot Size 50 × 119 ft (approx. 128 ft depth)
Zoning CR0.5 (c0.5; r0) *632
Mixed-Use Commercial Residential
MTSA Within Major Transit Station Area
Property Taxes $19,338.64 / 2025
HST In addition to purchase price
Possession Immediate / 30-60-90 days / TBD
Occupancy Owner
MLS® E13061530
The Opportunity

Owner-occupier. Investor.
Or developer. The choice is yours.

Zoned CR0.5 Mixed-Use Commercial Residential and located within a designated Major Transit Station Area, 4023 Sheppard Avenue East is as well-positioned for continued medical and professional use as it is for future land assembly or redevelopment along one of Scarborough's most trafficked commercial corridors. Immediate possession. No lease encumbrances.

Medical / Dental Practice Legal or Professional Office Multi-Tenant Income Property Land Assembly / Development Investor Acquisition Mixed-Use Redevelopment
Location

High-exposure corner
on Sheppard Avenue East.

At the signalized intersection of Sheppard Avenue East and Gordon Avenue, 4023 commands exceptional visibility along a dense east-west commercial corridor. The surrounding Agincourt South-Malvern West neighbourhood offers a large, established residential population — ideal for continued medical and professional use — while the site's MTSA designation and CR zoning position it favourably for future intensification.

🚇 Major Transit Station Area Designated MTSA under City of Toronto Official Plan
🚗 Highway 401 Access Direct access via Kennedy Rd and Midland Ave
🏥 Dense Patient Catchment High-density residential population surrounding the site
📐 Corner Lot Advantage Dual frontage on Sheppard Ave E and Gordon Ave
4023 Sheppard Ave E
Corner of Sheppard Ave E
& Gordon Ave
Toronto, ON M1S 1S7
CR0.5 Mixed-Use
Open in Maps ›
The Offering

4023 Sheppard Avenue East,
Toronto, Ontario.

A rare freehold commercial corner in Agincourt — purpose-built, fully operational, and immediately available. For investors, practitioners, and developers alike.

List Price$2,750,000
StatusFor Sale · New
Total Space6,672 sq ft (4 levels)
ZoningCR0.5 Mixed-Use Commercial Residential
Lot50 × 119 ft corner lot
Taxes$19,338 / 2025
PossessionImmediate
MLS®E13061530
↓  Download Full Feature Sheet (PDF)
Listing Team
MC
Marco Chiappetta
Realtor® · Senior Vice President of Sales
Sotheby's International Realty Canada
marco@residencestoronto.com
LC
Lamees Chiappetta
Realtor®
Sotheby's International Realty Canada
lamees@residencestoronto.com
Private Enquiries

Request a Showing
or Further Information

4023 Sheppard Avenue East is available for immediate possession. To arrange a private tour or request additional documentation, please complete the form below or contact the listing team directly.

Address4023 Sheppard Ave East, Toronto ON M1S 1S7
List Price$2,750,000
StatusFor Sale · New Listing
HSTIn addition to purchase price
PossessionImmediate available
MLS®E13061530
Begin Your Enquiry ↓ ↓  Download Feature Sheet (PDF)
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