Colliers International (“Colliers” or the “Advisor”) has been retained exclusively to arrange the sale of 4415-4421 Sheppard Avenue East (the “Property” or “Site”) located at the south-west corner of Sheppard Ave E and Brimley Rd in Agincourt – a rapidly growing node in the Scarborough submarket. The 0.85-acre site is underutilized and prime for redevelopment, as a zoned 11-storey mixed-use building is currently in the approval process. The proposed massing presents a unique opportunity to construct a high-quality building consistent with the surrounding built form of the area.
Redevelopment of the site demonstrates proper transit supportive intensification, in line with the City of Toronto’s Official Plan. Located at Sheppard and Brimley – two major arterial roads – the site benefits from immediate access to several TTC bus routes, the Agincourt GO station, planned Sheppard East Subway Extension, and TTC Line 2 extension, and highway 401 access. The property is surrounded by low-rise shopping centres and commercial plazas -- namely Scarborough Town Centre and Agincourt Mall -- as well as many notable mid-rise developments fueling demand in a node situated in a path of growth.