Homula Realty Brokerage
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720 Sheppard Avenue E, Toronto, ON M2K 1B7

Land
$1

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.

MLS number
C13575986
Type
Land
Status
Active
Bedrooms
Bathrooms
Postal code
M2K 1B7
Photos
15
62days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Elkhorn Public School8.5 / 10
Elementary · Regular Track
TDSB boundary
Bayview Middle School8.0 / 10
Intermediate · Regular Track
TDSB boundary
Earl Haig Secondary School9.0 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Bay School of CanadaSecondary694 mNot reported
Dunlace Public School
Toronto DSB
Elementary961 m6.9 / 10
69% met the standard · 3 of 6 measures
Harrison Public School
Toronto DSB
Elementary1.4 km8.2 / 10
82% met the standard · 3 of 6 measures
St Gabriel Catholic School
Toronto CDSB
Elementary1.1 km7.0 / 10
70% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 412 people.

$111,000Median household income
51.7%Own their home
31%Detached houses
42.4Median age
47.5%Born outside Canada
47.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35205000 — the few blocks around this address, home to 412 people. It describes the area, not this property.

412Population
41Average age
2.8Household size
$160,000Average household income
$111,000Median household income
52%Own their home
48%Rent
17%Condominiums
48%Born outside Canada
47%University degree
$2,000,000Average home value
13%Low income
69%Not in the labour force
35%Never married
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$50,000 to $59,9995%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9995%
$100,000 and over40%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over13%

Percentages are of the 200 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

680 SHEPPARD AVE E344 m
Under Review · applied May 7, 2026

OPA & Rezoning Application proposes the development of two towers at 37 and 28 storeys on a shared six-storey podium with a total of 789 residential units, inclusive of 47 rental replacement units.…

City planning file →
1 GREENBRIAR RD445 m
Under Review · applied July 10, 2025

Official Plan Amendment and Zoning By-law Amendment application to permit a 30-storey building with residential and commercial uses. The building proposes 351 residential units.…

City planning file →
63 ETHENNONNHAWAHSTIHNEN' LANE428 m
Council Approved · applied March 25, 2024

Official Plan Amendment and Zoning By-law Amendment applications to permit a 44- and 39-storey mixed use development at 1001 Sheppard Avenue East.…

City planning file →
89 WOODSY PARK LANE358 m
Under Review · applied March 25, 2024

Official Plan Amendment and Zoning By-law Amendment applications to permit a 44- and 39-storey mixed use development at 1001 Sheppard Avenue East.…

City planning file →
720 SHEPPARD AVE E222 m
OMB Appeal · applied October 14, 2022

The revised proposal is to construct a 32-storey and 28-storey mixed use buildings (705 units) with a shared 8-storey podium and 4-storey streetwall. The total gross floor area is 54,512 sq.m. (7.25 FSI). The residential gross floor area is 51,935 sq.m.…

City planning file →
635 SHEPPARD AVE E440 m
Under Review · applied August 26, 2022

Site Plan application to permit a 12-storey (38.35 metre) mixed use building with 145 residential units, a proposed total Gross Floor Area of 10,731.2 square metres 10,327 square metres of residential GFA and 403.5 square metres of commercial space), and a pro…

City planning file →
1001 SHEPPARD AVE E188 m
Under Review · applied March 17, 2022

The application proposes two residential buildings at 46 storeys (west) and 49 storeys (east) with a 6-storey podium. The application proposes a residential gross floor area of 79,572.7 square metres, including 1,184 residential units.…

City planning file →
1001 SHEPPARD AVE E188 m
Under Review · applied December 27, 2019

The application proposes two residential buildings at 28 storeys (west) and 36 storeys (east) with a 6-storey podium. The application proposes a residential gross floor area of 53,800 square metres, including 800 residential units.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by HOMELIFE LANDMARK REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.