$2,750,000
For sale: Other

Rare Freehold Commercial Offering on Sheppard Avenue East. A distinguished corner property at the intersection of Sheppard Avenue East and Gordon Ave in the established Agincourt South-Malvern West neighbourhood of Toronto. This freestanding, three-level commercial building - plus full basement - delivers approximately 6,672 sq ft of total space (2671sqft Main Floor - 903sqft 2nd Floor - 510sqft 3rd Floor - 2588sqft Basement) on a generous 50 x 119 ft rectangular lot with exceptional north-facing Sheppard Avenue frontage and west-side Gordon Ave. Purpose-built and long tenured as a medical and professional office centre, the property features 18+ rooms across four levels: a fully built-out main floor with multiple examination and consultation rooms equipped with in-floor plumbing, a second-floor apartment-style suite with kitchen, three offices, bathroom, and generous closet space, and a third-floor loft office ideal for private practice or administrative use. The full-height basement offers additional treatment rooms, a bathroom/laundry facility, and ample storage. Three independent HVAC zones, central air conditioning, electric forced air heating, municipal water, and sanitary sewers ensure operational readiness. Roof re-shingled approximately six years ago. Zoned CR0.5(c0.5;r0)*632) under the City of Toronto Official Plan - designated Mixed Use including Residential - and situated within a Major Transit Station Area, this asset presents compelling flexibility for owner-occupiers, investors, or developers exploring land assembly opportunities along one of Scarborough's most trafficked commercial corridors. Immediate possession available. Great opportunity for investors, developers, medical or legal professionals.
Sold data
Other homes in Toronto (Agincourt South-Malvern West) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Agincourt South-Malvern West) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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