INFILL 12,960 sq ft SITE APPROVED to BUILD 7 DWELLING UNITS TOTALING 13,346 sq ft of FINISHED AREA

1629 Sheppard Avenue West, North York, Ontario

City of Toronto By-Law 980-2022 (Exception RS 38) and By-Law 7625 (Section 64.20-31) permit subject to an 8.01-meter Road widening dedication a maximum of 7 dwelling units in 3 semi-detached buildings and 1 detached building with minimum parking of 7 spaces and maximum gross area of 1,400 square metres (15,069 sf ft). The Buyer will complete the Site Plan Agreement subject to the Notice of Acceptance Conditions (NOAC) and will be responsible to obtain the building permits and its cost.

Offering Process

The asking price is $2,750,000. Offers will be received as they are received. Allow for two (2) irrevocable business days. Offers should be sent by email to PGagne@PetrusRealty.ca Pre-offer due diligence documentation and Vendor's Form of Offer is available to those who have executed and returned the Confidentiality Agreement OREA Form 560.

For a printable pdf version of the Investment Summary - Click here.

For a copy of the Confidentiality Agreement OREA Form 560 - Click here.


Please contact Pierre Gagne for more information.

Pierre Gagné
Broker of Record

Tel: 416.955.1885
Email: PGagne@PetrusRealty.ca

1. Limitations and Disclaimer - The sale of the Property will be on a “purchaser’s due diligence” basis. Prospective purchasers are responsible for satisfying themselves, through whatever verification or due diligence process they determine is necessary, as to the accuracy and completeness of any information and as to the potential of the Property. Neither the Vendor nor PETRUS COMMERCIAL REALTY CORP., Brokerage (PCR) makes any representation or warranty, whether express or implied, as to the accuracy or completeness of any such material, information, reports or statements. The Vendor and PCR expressly disclaim any and all liability for any errors or omissions in all information, material, reports or any other written or oral communication obtained by, given to or made available to any prospective purchaser. The Vendor reserves the right to remove the Property from the market at its discretion. 2. Brokerage Disclosure - It is understood that PCR acts as the Listing Brokerage for the Vendor and owes to the Vendor a fiduciary duty and will be compensated by the Vendor. Vendor has agreed to the possibility that PCR, while representing the best interest of the Vendor, may introduce the Property to and provide services to one or more purchasers in accordance with the offering process. 3. Co-Operating Brokerage - Unless advised otherwise in writing, it shall be conclusively deemed that any cooperating brokerage involved on behalf of a prospective purchaser will act as representative of the purchaser. Co-operating brokerages will be required to register their client.

PETRUS COMMERCIAL REALTY CORP., Brokerage, 401 Bay Street, Suite 2704, Toronto, Ontario, M5H 2Y4 • Tel: 416-955-1885 Fax: 416-366-9800 • PGagne@PetrusRealty.ca
Ottawa * Toronto * Calgary