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Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.81% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success! **EXTRAS** 1st Floor fully equipped dental office designed to accommodate wide range of dental services. 2nd Floor apartment: spacious 3 bed unit w/ massive loft. Basement: 1 bed & bachelor unit. All 4 units feature functional privacy. 3938 sqft total" +"BuildingAreaUnits": "Square Feet" +"BusinessType": array:1 [ 0 => "Apts - 2 To 5 Units" ] +"CityRegion": "Mill Pond" +"CoListOfficeName": "COLDWELL BANKER THE REAL ESTATE CENTRE" +"CoListOfficePhone": "905-737-5700" +"Cooling": "Yes" +"Country": "CA" +"CountyOrParish": "York" +"CreationDate": "2025-05-21T07:03:04.020154+00:00" +"CrossStreet": "Yonge & Elgin Mills" +"Directions": "West of Yonge On Levendale" +"Exclusions": "Inclusions list upon request" +"ExpirationDate": "2026-05-19" +"Inclusions": "Inclusions list upon request" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Toronto Regional Real Estate Board" +"ListingContractDate": "2025-05-20" +"LotSizeSource": "MPAC" +"MainOfficeKey": "018600" +"MajorChangeTimestamp": "2025-06-20T18:52:10Z" +"MlsStatus": "New" +"OccupantType": "Owner" +"OriginalEntryTimestamp": "2025-05-21T07:00:03Z" +"OriginalListPrice": 2375000.0 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Description
Own a scenic and upscale slice of Summerhill with this ground floor commercial/retail unit fronting on Yonge St. – just steps from the Summerhill TTC Station. Currently tenanted with strong tenant of 10 years (Kearne’s & Co Hair). Current term expires February, 2028 with tenant’s option to extend. Built in 1986, The Ports is a mixed use condominium building on the South-East corner of Yonge St. and Summerhill Avenue in the desirable and busy area of Rosedale/Summerhill. Unit has been very well maintained by tenant for a pristine operating business. Unit comes with large storage and parking!
Details
MLS® Number
C12093291
C12093291
Property Size
1047 Sqft
1047 Sqft
Additional details
- Utilities: Available
- Cooling: Yes
- County: Toronto
- Property Type: Commercial Sale
- Community Features: Public Transit,Subways
Address
- Address 1177 Yonge W Street
- City Toronto
- State/county ON
- Zip/Postal Code M4T 2Y4
- Country CA