The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime mixed-use investment opportunity in the heart of Midtown Toronto, just south of Yonge and Eglinton. Featuring approximately 20 feet of frontage on Yonge Street, this property benefits from exceptional visibility and exposure along one of Toronto's busiest pedestrian and vehicular corridors. Across the street is home to over 1,800 condominium units, including Minto Midtown with 891 units, Y&S Condos with over 300 units, and The Art Shoppe with over 625 units, creating a substantial nearby residential population and strong demand for local retail and services. Directly across the street is Farm Boy and Staples. Just a short block from Eglinton subway station and the Eglinton Crosstown LRT, the property offers outstanding transit accessibility. The first-floor retail space is leased to a high-quality tenant. The second floor features two renovated, two-bedroom apartments in like-new condition, both currently vacant and ready for occupancy or leasing. Each two bedroom apartment features a three-piece bathroom with a stand-up shower, its own dedicated laundry equipment, a fridge and stove, and abundant natural light from numerous windows and skylights. The electrical system has been recently upgraded, with separate hydro meters for each apartment and the ground-floor retail space. One rear parking space adds further convenience. In addition to its strong income potential, the property offers potential long-term redevelopment value in a rapidly intensifying Midtown corridor surrounded by high-density residential projects and excellent transit infrastructure. Buyers are encouraged to investigate future development possibilities, subject to applicable zoning, planning approvals and municipal requirements. An exceptional opportunity for investors seeking a versatile income-producing property with potential long-term upside in a premier Yonge Street location. Please do not approach the retail store or contact staff.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$13,674/mo
Mortgage (principal + interest)$11,219
Property taxFrom listing: $29,463/yr$2,455
Minimum 20% ($599,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$599,800
Ontario land transfer taxProvincial brackets, no first-time refund$61,450
Toronto land transfer taxMunicipal brackets, no first-time refund$61,450
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$725,500
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
