Space
Finished area and layout
- Building Area
- 40,838 sqft
+2 more
40,838 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- land / Mixed Use
Lot
Land, frontage and setting
- Zoning
- CR0.58(c0.58;r0)*326)
Costs
Price, taxes and monthly charges
About This Property
This land in Toronto offers 40,838 sqft of building area. The property has zoned CR0.58(c0.58;r0)*326).
MLS Remarks
4151-4155 Sheppard Avenue East & 5 Lamont Avenue represents a rare opportunity to acquire a fully zoned, transit-oriented high-rise development site in the heart of Scarborough, directly across from Agincourt GO Station. All three properties are included in the listing price and related development application. The property benefits from an OLT-approved settlement permitting a 39-storey residential tower with approximately 409,000 SF of GFA. An alternative development concept has also been prepared, outlining a reduced-scale program of approximately 297,000 SF of GFA over 25-storeys. The site sits on 0.93 acres of land with interim holding income from a diverse mix of tenancies. This opportunity allows investors to pursue either the fully approved density or a right-sized alternative program, delivering optionality in a constrained development market. Supported by strong rental fundamentals, limited new supply, and continued intensification along the Sheppard corridor, this offering presents a compelling opportunity to capitalize on both near-term execution and long-term growth within one of Toronto's most dynamic emerging nodes.
Listing History
MLS# E13084274| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| May 4, 2026 | Listed For Sale | E13084274 | $15,499,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Full Listing Details
Address4155 Sheppard Avenue E, Toronto, ON M1S 1T4
MLS#E13084274
Listing StatusPrice Change
Property TypeCommercial
Sub-TypeLand
TransactionSale
List DateMay 4, 2026
Days on Market123
Annual Tax$77,491 (2026)
StyleMixed Use
CityToronto
ProvinceOn
Postal CodeM1S 1T4
ZoningCR0.58(c0.58;r0)*326)
UtilitiesYes
SewerSanitary+Storm
Annual Tax$77,491 (2026)
Sheppard Ave E & Lamont Ave
Roll Number190111202002500
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