For Sale

5780 Sheppard Avenue Unit# 56-66, Toronto E11, Ontario M1B 5J6

$1,350,000

5780 Sheppard Avenue Unit# 56-66, Toronto E11, Ontario M1B 5J6 is For Sale and has a listing price of 1,350,000. The property is located in the Malvern neighbourhood . It's been on the website for 43 Days.

  • MLS ID: E12062337
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

* Opportunities like this don’t come around often! This freestanding commercial condo retail property is a must-see * Opportunities like this don’t come around often! This freestanding commercial condo retail property is a must-see for savvy investors and ambitious owner-operators. With a prime location, exceptional visibility, and incredible flexibility, this property is perfectly positioned to deliver both immediate and long-term value. * Currently tenanted by a popular Indian restaurant, the property already generates income while offering significant upside potential. One additional vacant retail unit on the main floor ready to lease or occupy, providing endless possibilities for business expansion or rental revenue. The basement level features a massive separate unit with with approximately 3,300 square feet, ideal for storage, creative uses, or even additional tenants an untapped goldmine for future growth! * This property’s corner location ensures unparalleled street exposure, drawing attention from a steady stream of traffic. The ample on-site parking makes it a magnet for customers, while the surrounding area is rich with amenities, restaurants, and retail that foster high foot traffic. Convenient public transit options and proximity to Highway 401 make it an easily accessible destination for both locals and commuters. * With its combination of strong existing tenancy, vacant units for customization or lease, and a high-demand location, this property is a rare gem in todays market. Whether you’re looking to build your portfolio or establish a thriving business, this is the opportunity you’ve been waiting for. *

Property Details
  • MLS ID: E12062337
  • Price: $1,350,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: E12062337
  • Year Built: N/A
  • Dir / Cross St: Markham/Sheppard
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/04/2025 E12062337 $1,350,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Malvern
  • $767,616 Average List Price
    based on 1 year
  • 119 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.03 % Below
  • Sold (12mo) 240
  • Rented (12mo) 218

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 79 Walk Score
    Very Walkable
  • 66 Transit Score
    Good Transit
  • 36 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    42.44%
  • Commercial
    10.76%
  • Condo
    46.81%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: $23,108
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 04/04/2025 16:04:40
  • Property Mgmt Co: Nadlan-Harris Property Management
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