$2,458,000
Est. payment $10,883/moCalculate yours
290 Sheppard Avenue W, Toronto, ON M2N 1N5
Lansing-Westgate, North York, ON M2N 1N5
- 4 Beds
- 3 Baths
- 2 Garage
- 2,500 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® C13832614
About this home
Rare Redevelopment Opportunity At 290 Sheppard Ave W In Prime North York! Excellent Site For Investors, Builders And Developers Seeking A Boutique Mid-Rise Residential Development Opportunity Along The Sheppard Corridor. Approximately 6,250 Sq. Ft. Lot With Excellent Sheppard Ave W Frontage And Existing Zoning Framework Supporting A 6-Storey Development With An FSI Of Approximately 2.5. Conceptual Residential Design Illustrates The Potential For An Approximately 38-Unit Boutique Hotel Residence, Subject To Required Municipal Site Plan Approvals. Minutes To Yonge & Sheppard, Subway, Hwy 401, Shopping, Restaurants, Schools And Neighbourhood Amenities. Existing Architectural And Development Materials Available For Review. Residential Rendering Is Conceptual Only. Buyer To Conduct Their Own Due Diligence And Verify All Zoning, Density, Uses And Development Potential.**** Commercial uses permitted in CR include things such as Office, Medical Office, Financial Institution, Personal-Service Shop, Wellness Centre, Art/Artist Studio, Education uses and other commercial/community uses; ****
Property details
Overview
- Property Type
- Detached
- Style
- Backsplit 5
- For
- For Sale
- Status
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Finished, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50.06 x 125.16 Feet
- Parking
- Detached garage · 8 total
- Zoning
- COMMERCIAL
Financial
- Property Taxes
- $26,843 (2026)
Location
- Neighbourhood
- Lansing-Westgate
- Cross Street
- Yonge/Sheppard
- Direction Faces
- North
Listing
- MLS® Number
- C13832614
- Days on Market
- 22
- Listed On
- 2026-09-26
- Possession
- Immediate
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Features
Interior
- None
Property
- Place Of Worship
- Park
- Public Transit
- Fenced Yard
Pool
- None
- Included
- **Zoning Amendment Application Has Been APPROVED By City Council For Application Proposes To Develop A 6-Story Hotel Building With About 15000 SQFT Total Space Containing 38 rooms with 6 Surface Parking Spaces At 290 Sheppard Avenue West.**
Mortgage calculator
Estimated mortgage payment
$10,883 per month
- Principal and interest
- $10,883
- Property tax
- $2,237
- Condo fees
- $0
- Estimated monthly cost
- $13,120
Your mortgage
- Mortgage amount
- $1,966,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,298,648
Cash to close
- Down payment
- $491,600
- Land transfer tax (Ontario + Toronto)
- $95,850
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $587,450
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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