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3248 Yonge St 2,215 SF 100% Leased Retail Building Toronto, ON M4N 2L4 $2,620,000 CAD ($1,182.84 CAD/SF)
Investment Highlights
- This property has a rooftop billboard providing additional revenue through advertising.
- This building is located in a high-demand neighborhood in Toronto.
Executive Summary
InTrust Commercial Real Estate is proud to offer a rare opportunity to acquire a fully upgraded, turnkey commercial property at 3248 Yonge Street, situated in the vibrant and highly sought-after Yonge & Lawrence neighborhood. This two-story mixed-use building includes three fully leased retail units—two at street level and one on the second floor—providing diversified and reliable rental income. All tenants are on triple net leases, ensuring low-maintenance, landlord-friendly cash flow. The property also features a rooftop billboard, delivering additional advertising revenue.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,215 SF
Building Class
C
Year Built
1929
Price
$2,620,000 CAD
Price Per SF
$1,182.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.02
Lot Size
0.05 AC
Zoning
CR 3.0 - Commercial
Parking
1 Spaces (0.49 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Contacts
-
Steven Lorenzi -
Josef Khoudatov -
Evan Graves -
InTrust Commercial Real Estate Brokerage Inc
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Videos
Matterport 3D Exterior
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Photos
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3248 Yonge St
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