This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Mid-Rise Re-development Southwest corner

2 Retail Properties Offered at $11,159,546 USD in Toronto, ON

Investment Highlights

  • Transit Oriented to Agincourt GO and Highway
  • Only 2.3 km to Scarborough Town Centre
  • Development Opportunity for an 11-Storey Mixed-Use Mid-Rise

Executive Summary

Colliers International (“Colliers” or the “Advisor”) has been retained exclusively to arrange the sale of 4415-4421 Sheppard Avenue East (the “Property” or “Site”) located at the south-west corner of Sheppard Ave E and Brimley Rd in Agincourt – a rapidly growing node in the Scarborough submarket. The 0.85-acre site is underutilized and prime for redevelopment, as a zoned 11-storey mixed-use building is currently in the approval process. The proposed massing presents a unique opportunity to construct a high-quality building consistent with the surrounding built form of the area.
Redevelopment of the site demonstrates proper transit supportive intensification, in line with the City of Toronto’s Official Plan. Located at Sheppard and Brimley – two major arterial roads – the site benefits from immediate access to several TTC bus routes, the Agincourt GO station, planned Sheppard East Subway Extension, and TTC Line 2 extension, and highway 401 access. The property is surrounded by low-rise shopping centres and commercial plazas -- namely Scarborough Town Centre and Agincourt Mall -- as well as many notable mid-rise developments fueling demand in a node situated in a path of growth.

Attachments

Brochure

Property Facts

Price $11,159,546 USD
Price / SF $1,417 USD / SF
Sale Conditions Redevelopment Project
Sale Type Investment
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 7,877 SF
Total Land Area 0.88 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4415 Sheppard Ave, Toronto, ON M1S 1T8 Retail 6,589 SF 1980 -
4421 Sheppard Ave E, Toronto, ON M1S 1V1 Retail 1,288 SF 1927 -
Show More > < Show Less
  • Listing ID: 25814253

  • Date on Market: 5/30/2022

  • Last Updated:

  • Address: Mid-Rise Re-development Southwest corner, Toronto, ON

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}