Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

4227 Sheppard Avenue E B8C, Toronto, ON M1S 5H5

Commercial Retail
$269,000

Food Court Commercial Unit For Sale At Midland & Sheppard, Located In A High-Density Residential Area With Strong Daily Customer Traffic. The Unit Is Fully Equipped With Commercial Ventilation, A Walk-In Cooler, And A Walk-In Freezer, Providing An Excellent Setup For A Wide Variety Of Food Concepts. With Low Operating Costs And A Functional Layout, This Is An Ideal Opportunity For Both Owner-Operators And Investors Looking To Establish Or Expand A Restaurant Business.

MLS number
E13577656
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M1S 5H5
Photos
5
Property tax
$1,799 / year
58days · 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 this street. The listing did not say which direction, and every candidate was in the same place.

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

Agincourt Junior Public School7.5 / 10
Elementary · Regular Track
TDSB boundary
Sir Alexander Mackenzie Senior Public School
Intermediate · Regular Track
TDSB boundary
Agincourt Collegiate Institute8.3 / 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
Unique Chinese School - 1Elementary178 mNot reported
Agincourt Montessori School IncElementary228 mNot reported
The ACE Foundation & Bee Connected AcademyElementary and secondary435 mNot reported

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 658 people.

$85,000Median household income
86%Own their home
81%Detached houses
51.2Median age
55.6%Born outside Canada
22.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35203627 — the few blocks around this address, home to 658 people. It describes the area, not this property.

658Population
46.8Average age
3.1Household size
$108,000Average household income
$85,000Median household income
86%Own their home
14%Rent
0%Condominiums
56%Born outside Canada
23%University degree
$1,100,000Average home value
14%Low income
28%Never married
Under $5,0002%
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9995%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9992%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over32%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,99911%
$200,000 and over7%

Percentages are of the 285 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.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$53,800 · minimum here is $13,450
$1,191.07per month
Borrowed before insurance$215,200
Total borrowed$215,200
Interest over 25 years at 4.5%$142,122

If you rented it out

-$1,340.99per month out of pocket
Rent$0.00
Everything it costs to hold$1,340.99
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

4181 SHEPPARD AVE E293 m
Under Review · applied May 24, 2023

Draft Plan of Subdivision application to create 2 lots This application is related to Official Plan Amendment Application No. 23 148273 ESC 22 OZ.

City planning file →
4181 SHEPPARD AVE E293 m
Under Review · applied May 19, 2023

Official Plan & Zoning By-law Amendment for three towers (12-storey mid-rise building, two towers 39 and 34 storeys tall). There will be a new public park fronting onto Sheppard Avenue East and a public street bisecting the subject site.…

City planning file →
1 GLEN WATFORD DR126 m
Under Review · applied September 13, 2021

Zoning By-law Amendment application to facilitate the development of the site for a 35-storey mixed-use building, inclusive of a 6-storey podium element.…

City planning file →
25 GLEN WATFORD DR188 m
Under Review · applied September 12, 2017

INACTIVE Joint draft plan of subdivision application to create a new 18.5 metre public street (cul-de-sac) running east of Glen Watford Drive and terminating at Agincourt Park.…

City planning file →
4181 SHEPPARD AVE E293 m
OMB Appeal · applied November 28, 2016

80 residential townhouse units on new plan of subdivision. Includes units with attached garages, detached garages and underground parking, To be assessed in tandem with draft plan of subdivision 14 119126 ESC 41 SB and zoning by-law amendment 12 262328 ESC 41 …

25 GLEN WATFORD DR188 m
Under Review · applied June 10, 2016

INACTIVE Proposed 10-storey retirement home containing 249 bed-sitting rooms with at-grade retail uses at a gross density of 3.7 times the lot area and a one-level underground parking garage with 117 parking spaces spaces located on a proposed 18.5m r-o-w

25 GLEN WATFORD DR188 m
OMB Appeal · applied June 10, 2016

Proposed 10-storey retirement home/senior's residence containing 119 dwelling units and 130 bed-sitting rooms with at-grade retail and medical office uses and a one-level underground parking garage with 105 parking spaces spaces.…

City planning file →
4181 SHEPPARD AVE E293 m
OMB Appeal · applied February 19, 2014

Proposed mixed-use development consisting of 8 development blocks, future park/open space blocks and public roads and lanes.…

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 CENTERPOINT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.