Retail Spaces for Sale in Downtown North

Toronto Retail for Sale - Downtown North

66 Gerrard Street East Downtown Toronto Prominent Corner Commercial Asset with Income & Redevelopment Potential. A rare opportunity to acquire a three-storey brick-and-beam commercial building at the corner of Gerrard Street East & Church Street, in the heart of downtown Toronto. Offering approximately 21,000 sq. ft. of leasable space on a 78 ft. x 101 ft. lot, this property provides both immediate income stability and long-term redevelopment upside. Building Features Approx. 21,000 sq. ft. across 3 levels Brick-and-beam construction with functional layouts Prominent corner frontage offering strong signage visibility CR zoning permitting a wide range of commercial uses Redevelopment potential for higher-density mixed-use (subject to municipal approvals)Tenancy Solid tenant base including: Medical & healthcare offices Two established restaurants with long-standing clientele Event space with consistent bookings Professional service offices Diverse mix ensures reliable income streams and broad market appeal Location Highlights Steps from Toronto Metropolitan University (TMU), major hospitals, and subway stations at College and Dundas Situated in one of Torontos fastest-growing corridors, surrounded by new high-rise residential developments High pedestrian traffic, strong daytime population, and excellent transit connectivity Proximity to education, healthcare, retail, and residential communities ensures tenant demand and long-term stability Investment Summary This property combines the character and functionality of a brick-and-beam downtown building with the income security of established tenancies. Its prime corner location and CR zoning offer an attractive future redevelopment opportunity, making it a strong hold for investors, developers, or owner-users.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-09-23

Toronto Multifamily for Sale - Downtown North

CBRE is pleased to present a rare opportunity to acquire 501 Yonge Street, a full city block of prime retail space in the podium of Teahouse Condominiums, located in the heart of Toronto’s Downtown Yonge corridor. This high-profile property offers exceptional frontage along Yonge Street between Maitland and Alexander Streets, delivering unparalleled visibility in one of Canada’s most dynamic urban markets. The asset is fully leased to a curated mix of 10 reputable tenants, including national brands and strong local operators such as Fit4Less, Firehouse Subs, HeyTea, and Me Va Me. With units designed for food uses and robust contractual rent escalations, investors benefit from secure, diversified cash flow and long-term income stability. The property’s strategic positioning near Toronto Metropolitan University, Yonge-Dundas Square, and the Eaton Centre ensures consistent foot traffic and sustained demand. Connectivity is unmatched, with Wellesley and College subway stations just steps away and multiple streetcar lines nearby. The surrounding area is experiencing exponential growth, with over 21,000 new residential units planned or under construction along the Yonge corridor, reinforcing the property’s future upside. This offering represents a rare chance to own a trophy retail asset in a market characterized by strong fundamentals, high barriers to entry, and enduring appeal.

Property Subtype:

Apartment

Date on Market:

2025-11-25

Toronto Multifamily for Sale - Downtown North

Located in the heart of Cabbagetown this mixed-use commercial/ residential property offers a great investment opportunity. This property offers a fully leased main floor commercial unit and an upper-level residential space with significant income potential. This location additionally offers high visibility and constant foot traffic close to public transport. This property presents both urban character and excellent opportunity for redevelopment in the future- blending commercial and cultural spaces seamlessly.

Property Subtype:

Apartment

Date on Market:

2025-09-12

Toronto Multifamily for Sale - Downtown North

Water Hookup Available - Not All Units Have Water Hookup.

Property Subtype:

Apartment

Date on Market:

2025-05-28

Toronto Retail for Sale - Downtown North

Owner occupied residential unit with great income potential and stable main floor tenant with lease expiring June 2025. Previously the main floor space was a hair salon and prior to that a restaurant so there is adequate power and a hood vent installed already if needed. The basement is high and dry with additional income potential. Hub for major development with lots of traffic nearby and in the heart of Cabbagetown. New furnaces and well-kept unit with lots of natural light. Move in and occupy the residential unit and run your business on the main floor or rent out the units to a mix of residential and commercial tenants!

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-11-09

Toronto Retail for Sale - Downtown North

* Motivated Seller*. Great opportunity in world famous center of Chinatown. Solid Brick Building For Sale. Fully rented with 3 steady good incomes. Bustling with various Business, Banks, Restaurants popular with Tourists foot traffic. Underground Parking & steps from 2 TTC Routes 24/7. L/F (1,250SF) Optical shop with street exposure. G/F (1,250F) TCM Herbal store with Lotto 6/49. 2/F upscale Health-Beauty/Spa. Extra long Lot available for Building Extension.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-10-20

Toronto Multifamily for Sale - Downtown North

**** EXTRAS **** 1589 Sq.Ft Can Be Available For An Owner User. Current Net Income $87,856.Carefree Investment , Tenants Pays Expenses

Property Subtype:

Apartment

Date on Market:

2022-07-15

Toronto Industrial for Sale - Downtown North

Property Subtype:

Showroom

Date on Market:

2025-11-04