- Bedrooms
- 3+2
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $2,298at the range’s middle
- Lot
- 42 x 112.91 ft
- Tax a year
- $8,6122025 tax year
- Parking
- 8none
- Days on market
- Members
The brief
About 99 Sheppard Ave
99 Sheppard Ave is a 3+2-bedroom, 2-bathroom detached house in Willowdale East, Toronto, listed for sale at an asking price of $2,988,000 (MLS® C13611682).
**Prime Yonge & Sheppard Investment & Development Opportunity!** Exceptional freestanding mixed-use building in one of North York's most sought-after commercial corridors, offering outstanding exposure, stable income, and significant future redevelopment potential. Situated on a prestigious **C6-zoned** property with an existing tenant, this turnkey asset is ideal for investors, developers, or end-users looking to secure a prime location with multiple value-add opportunities.The building has been extensively renovated with high-quality finishes and offers exceptional flexibility for a wide range of professional and commercial uses, including medical and dental clinics, legal offices, accounting firms, travel agencies, health and wellness centres, retail, and many other permitted uses.Adding to its appeal, the property offers excellent long-term redevelopment potential with the possibility of a **7-storey mixed-use condominium project** (subject to all required approvals buyer to perform their own due dilligence). Additional features include convenient rear parking, immediate access to Highway 401, and a short walk to both Yonge and Sheppard subway stations, surrounded by high-density residential developments, office towers, restaurants, and major amenities.A rare opportunity to own a premium asset in one of Toronto's fastest-growing urban hubs-offering immediate income today with exceptional upside for tomorrow.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall6/100−$7,750/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 detached homes with 5 bedrooms for lease in Willowdale East right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,612 / 2025
- MLS® number
- C13611682
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 42 x 112.91 ft
- Listed on
- Parking
- None, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- Willowdale East
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 8
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 42 ft
- Depth
- 112.91 ft
- Lot Size
- 42 x 112.91 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Office | 11.408 × 13.938 m | Picture Window, hardwood floor, Open Concept | Main |
| Office | 9.18 × 10.991 m | Window, hardwood floor, Open Concept | Main |
| Office | 8.36 × 11.969 m | Window, hardwood floor, Open Concept | Main |
| Office | 9.351 × 10.92 m | Window, hardwood floor, Open Concept | Main |
| Office | 12.46 × 11.969 m | Window, hardwood floor, Closet | 2nd |
| Office | 8.269 × 11.548 m | Window, hardwood floor, Closet | 2nd |
| Br | 0.0 × 0.0 m | Above Grade Window, Laminate, Separate Rm | Bsmt |
| Kitchen | 0.0 × 0.0 m | Above Grade Window, Laminate, Open Concept | Bsmt |
Listing history
Buy/sell history for 99 Sheppard Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,988,000 | N/A | For Sale | C13611682 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $597,600
- Total mortgage amount
- $2,390,400
- Total interest payment
- $1,699,200
- Total purchase cost
- $4,687,200
- Mortgage payment
- $13,632/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
65%Monthly carrying cost
$14,350- Rent $6,600
- Shortfall $7,750
Rental income opens at $6,600, the median asking rent of 6 comparable homes for lease in Willowdale East. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $61,175
- Toronto municipal land transfer tax
- $61,175
- Total land transfer tax
- $122,350
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $113,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,988,000
- $24,700
- Ontario total
- $61,175
Toronto’s municipal tax uses the same brackets at this price, so it adds another $61,175.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 4,742 sq ft441 m²
- Street frontage
- 42 ft12.8 m
- Depth
- 112.91 ft34.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m13 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 41 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.6 km4.6 km
- Mapped parcel: about 4,760 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rally. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of North York By-Law No. 7625What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Change of UseExaminer's Notice Sent
Convert existing dwelling into a mixed use building with office on ground floor and residential on basement and second floor
Applied June 22, 2015
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
110 SHEPPARD AVE EOfficial plan or zoning amendmentOMB Appeal
OLT SETTLEMENT: A 42-storey ("North Building") and 46-storey ("South Building") mixed-use towers with podium heights of approxmately 22 metres (along Kenneth Avenue) and 26 metres (along Sheppard Avenue East). A maximum gross floor area of residential and non-residential uses of 70,850square metres, of which, a maximum of 70,500 square metres of gross floor area will be for residential purposes, and a minimum of 250 square metres of gross floor area for non-residential space will be provided.at-grade.The buildings have a combined residential unit count of 1,136 units. A paved access from Kenneth Avenue will be provided, leading to 3 levels of below-grade parking, providing a total of 156 parking spaces; as well as 427 bicycle parking spaces. A 1.44 metre wide strip along Kenneth Avenue for the future right-of-way expansion and a 2.76 metre wide strip along Sheppard Avenue for the future right-of-way expansion are required. ORIGINAL DESCRIPTION: OPA & Rezoning Application proposes the development of 49 and 53-storey mixed-use towers above a 5-7-storey mixed use podium providing residential and commercial use at grade. The building will provide a total of 1,313 residential units, being a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom units. The building will also provide retail units at grade. A paved access from Kenneth Avenue will be provided, leading to 3 levels of below-grade parking, providing a total of 169 parking spaces; as well as 894 bicycle parking spaces. The proposed development provides a total GFA of 78,330.72 square metres and an FSI of 16.88. Additionally, the proposed development provides 2,569 square metres of indoor amenity space and 1,384 square metres of outdoor amenity space.
130 m away110 SHEPPARD AVE ESite planUnder Review
Site Plan Control Application proposes the development of 49 and 53-storey mixed-use towers above a 5-7-storey mixed use podium providing residential and commercial use at grade. The building will provide a total of 1,313 residential units, being a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom units. The building will also provide retail units at grade. A paved access from Kenneth Avenue will be provided, leading to 3 levels of below-grade parking, providing a total of 169 parking spaces; as well as 894 bicycle parking spaces. The proposed development provides a total GFA of 78,330.72 square metres and an FSI of 16.88. Additionally, the proposed development provides 2,569 square metres of indoor amenity space and 1,384 square metres of outdoor amenity space.
130 m away63 GLENDORA AVESite planUnder Review
Site plan approval - Residential GFA of 77,366.1 sq.m., 42, 37 and 26 storey buildings with underground parking.
340 m away145 SHEPPARD AVE ESite planUnder Review
Site Plan application to construct an 11 storey mixed use building with at grade retail and an underground parking garage. The proposal includes a total of 55 residential units and 6,305 sq.m of residential gross floor area and 205 sq.m of retail gross floor area along Sheppard Avenue East. The proposal has an overall density of 7.0 (FSI).
350 m away61 GLENDORA AVESite planUnder Review
Site plan approval - Residential GFA of 77,366.1 sq.m., 42, 37 and 26 storey buildings with underground parking.
350 m away57 GLENDORA AVESite planUnder Review
Site plan approval - Residential GFA of 77,366.1 sq.m., 42, 37 and 26 storey buildings with underground parking.
360 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Willowdale East right now
- For sale now
- 69
- Median asking price
- $2.59M
- New in 7 days
- 8
- Price cuts
- 10%
Middle half: $1.51M to $2.98M
28 in 28 days
7 listings
This home is asking 15% above the median, higher than three quarters of them.
See all homes in Willowdale EastAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Sheppard-Yonge Station | TTC subway: Line 1 Yonge-University, Line 4 Sheppard | 500 m |
| North York Centre Station | TTC subway: Line 1 Yonge-University | 850 m |
| Bayview Station | TTC subway: Line 4 Sheppard | 1.6 km |
| Finch Station | TTC subway: Line 1 Yonge-UniversityYRT bus rapid transit: Viva Blue | 2.2 km |
| Oriole GO | GO Transit train: Richmond Hill | 3.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Claude Watson School for the ArtsToronto DSB | Public · grades 1–8 | 450 m | 96%Grade 6 average |
| Avondale Public SchoolToronto DSB | Public · grades JK–8 | 550 m | 77%Grade 6 average |
| St Edward Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 km | 82%Grade 6 average |
| École élémentaire Paul-DemersConseil scolaire Viamonde | French-language public · grades JK–6 | 3.7 km | 95%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Cardinal Carter Academy for the ArtsToronto CDSB | Catholic · grades 9–12 | 350 m | 87%Grade 9 math |
| Earl Haig Secondary SchoolToronto DSB | Public · grades 9–12 | 750 m | 84%Grade 9 math |
| Loretto Abbey Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 2.4 km | 64%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 3 km | 77%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Willowdale East are shown to signed-in members.