8815 Sheppard Avenue

Rouge, Toronto · MLS® E12558326

47,780 sq ft · Land · Vacant Land · 339 days on market

listed by Michael Goulbourne, COLDWELL BANKER - R.M.R Real Estate

realtor's description

Located in a highly accessible Scarborough location near Highway 401, 8815 Sheppard Ave E presents a compelling mixed-use opportunity. The property features two existing buildings: a small office building and an industrial metal dome structure, providing flexibility for a variety of uses. The property is set back from Sheppard Ave with access via titled easement, ensuring functional connectivity. Scarborough's strong industrial and commercial market, combined with proximity to major transportation routes, makes this property an attractive option for investors or developers looking to capitalize on long-term growth potential

property details

type: Land, Vacant Land
living area: 47,780 sq ft
parking: 0
property tax: $29,190 / yr
days on market: 339
MLS®: E12558326

features

Irregular lot size

monthly cost

$9,404/mo

Mortgage $6,971 · Tax $2,433

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,971/ monthly

loan $1,280,000

25-year amortization

down payment20% · $320,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $811,314
cash to close: $320,000; down payment; transfer tax and fees not included
total paid: $2,091,314

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.