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Investment Highlights

  • The site benefits from excellent accessibility, with close proximity to Highway 401 and Yonge Street, providing convenient connectivity across the GTA
  • The property is positioned within a well-established and continuously growing urban node with ongoing development and investment.
  • The building offers a flexible layout suitable for a range of uses, including retail, medical, or professional office applications.

Executive Summary

288 Sheppard Ave. E is a 7,000 Sq. Ft. single tenant retail building occupied by Rexall. It's an income producing asset with future redevelopment potential. The Site is ideally located between the Yonge & Sheppard and Yonge & Bayview intersections, providing access to numerous amenities and TTC subway lines 1 and 4. It's designated Mixed Use Areas in the Official Plan.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Drug Store
Building Size
7,000 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.57
Lot Size
0.28 AC
Zoning
CR
Parking
25 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
152’ on Sheppard Ave

Amenities

  • Pylon Sign
  • Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Tim Hortons
Coffee Time
BDC
TD Canada Trust
Whole Foods Market
H Mart
RBC Royal Bank
CIBC
LA Fitness
GoodLife Fitness
  • Listing ID: 40885828

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 288 Sheppard Ave E, Toronto, ON M2N 3B1

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