3248 Yonge ST new

Toronto C04,ON M4N 2L4

$ 2620000

- Bed

3 Baths

2215 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,215 sqft

Price per Sqft $1,182

Subdivision Lawrence Park North

MLS Listing ID C12400484

Annual Tax Amount $25,922

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

3248 Yonge Street presents a rare opportunity to acquire a fully upgraded, turnkey commercial asset in the heart of the highly coveted Yonge & Lawrence neighbourhood. Vendor Take-Back (VTB) financing is available, offering flexibility for purchasers. This two-storey mixed-use commercial building features three fully leased retail units two at grade and one on the second floor offering diversified and stable rental income. All tenants are secured under triple net leases, providing passive, landlord-friendly cash flow. Additionally, the property benefits from a rooftop billboard, generating supplementary advertising revenue.

Location

Province ON

County Toronto

Community Lawrence Park North

Area Toronto

Zoning CR - Commercial Residential

Interior

Cooling Partial

Exterior

Utilities Available Available

Lot Frontage 19.0

Lot Depth 122.25

Others

Security Features No

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