The Sheppard Centre, a mixed use development at the corner of Sheppard and Yonge Streets, is now for sale, according to TD Securities.

Located in Toronto’s North York community, The Sheppard Centre is one of the only commercial complexes within the Greater Toronto Area that sits directly on two subway lines. Talk about convenience! The Sheppard Centre offers 673,000 Square Feet of commercial area, with 416,000 square feet designated for office space, and approximately 257,000 square feet of retail space.

What makes this an intriguing opportunity for developers is the fact that there is potential in adding much more density to the site.

Based on documents provided by TD securities, in the long term the site could see up too three new towers.

Bids are currently being submitted to TD Securities on September 27th.

Is The Sheppard Centre an area that you could see yourself living in?  Which developer would you like to see purchase The Sheppard Centre? In your opinion, should condominiums be added or should there be more of a commercial presence?

Be sure to comment below!