4854 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Lansing-Westgate. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 19.47 x 125.02 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Exceptional investment opportunity along Yonge Street corridor in North York. 4854 Yonge Street is strategically positioned steps away from Sheppard - Yonge Subway Station in one of Toronto's most high-demand commercial nodes. This property boasts unparalleled exposure on Yonge Street, consistent pedestrian & vehicular traffic, Green P parking at the back and immediate proximity to TTC subway access. Surrounded by dense high-rise residential development, established retail, professional services, cuisines of the world at its doorstep, the area continues to attract users seeking transit-oriented locations. With flexible CR zoning and strong underlying land value, the asset provides multiple investment angles, including stable income generation, future rent growth, and potential redevelopment or repositioning upside. The surrounding neighbourhood's ongoing intensification and limited supply of well-located commercial properties further support long-term appreciation. The building boasts 2 storeys plus a roof top patio with The Frog and Firkin as a long standing commercial tenant.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4854 Yonge Street, Toronto C07, ON M2N 5N2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $5,000,000 in Toronto, the legal minimum down payment is $1,000,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $111,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $111,475 also applies, bringing the total estimated land transfer taxes to $222,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
