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Foreclosure signalInvestment signal

$5,500,000

35-39 SHEPPARD AVENUE E

Beds

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Sqft

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Year

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Location

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About this home

Prime Commercial Investment Opportunity In The Highly Sought-After Yonge & Sheppard Corridor In North York. Exceptional Location With High Pedestrian Traffic And Excellent Street Visibility, Ideal For Retail Or Professional Use. Steps To Sheppard-Yonge Station With Access To both TTC Subway Lines 1 & 4, Offering Outstanding Transit Connectivity And Consistent Commuter Flow. Surrounded By High-Density Residential Towers, Office Buildings, And Established Retail, Providing A Strong Built-In Customer Base And Diverse Tenant Environment With Low Vacancy Risk. Convenient Access To Highway 401 Enhances Accessibility Across The GTA. Units 35, 37 & 39 Sheppard Ave E. Commercial Condominium Units Featuring Direct Elevator Access To Underground Parking For Added Convenience. *Parking available at additional cost.*Vacant possession may be available. *Property offered under Power of Sale With Flexible Financing-60-70% Vendor Take-Back (VTB) May Be Available For Qualified Buyers. (id:65958)

Subtype: Retail
Structure: Retail
Community: Willowdale East
Living area: 4,884 square feet
On market: Apr 15, 2026
Status changed: Apr 15, 2026
Annual tax: $77,663.65
Zoning: Commerical
Photos: 2
MLS#: C13001532
Area: TORONTO_(WILLOWDALE_EAST)

Features and systems

Parking

Underground

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$10,344/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.28%

Cap rate

3.63%

GRM

16.7

Break-even rent

$38,389

Financing

Down payment$1,100,000

Loan amount$4,400,000

Mortgage$26,994/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,521

Insurance$80

Maintenance$4,583

CapEx reserve$2,292

Vacancy loss$1,375

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Willowdale East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $26,994/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.