













1/15720 SHEPPARD AVENUE E, Toronto (Bayview Village), ON M2K1B7
Price on request
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Asset Class
Land
Size
—
Building class
C
Zoning
AG — Agricultural
$ / SF
—
Occupancy
87%
Prime Vacant Commercial Corner Lot, Steps from Bessarion Station. A leasing opportunity on a 21,000 sq ft vacant corner lot at Sheppard Avenue East, directly adjacent to Bessarion Station on Line 4. With a development application already in place, this site is not available for construction, but offers exceptional flexibility for a wide range of interim land uses across its sizable, fully exposed corner footprint.Ideal for: Commercial parking lot or fleet/vehicle storage (high-traffic corner location with strong visibility from Sheppard Ave), Outdoor self-storage / container storage yard, Contractor or equipment staging yard for nearby construction projects, Pickleball or sports courts (multi-court facility, leveraging subway-adjacent access), Seasonal pop-up markets, food truck park, or outdoor event space, Driving school or vehicle training pad, Garden centre or seasonal retail (holiday tree lot, pumpkin patch)Location highlights: corner exposure with frontage on Sheppard Avenue East, immediate adjacency to Bessarion subway station for unmatched transit accessibility, and surrounded by dense residential and commercial development in the North York corridor - ensuring strong foot and vehicle traffic for any commercial use.A flexible, short-to-medium-term opportunity to generate income from an otherwise dormant development site. Terms negotiable; tenant improvements subject to landlord approval given pending development status. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
76,606
Households
33,681
Median income
$91,000
Median age
43.1
Daytime population
120,080
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 720 SHEPPARD AVENUE E, Toronto (Bayview Village).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.