Welcome to this remarkable commercial retail located in the coveted neighborhood of South Parkdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,100 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.
Position your business in one of Toronto's most vibrant and creative neighbourhoods. Located in the heart of Parkdale, 86 Elm Grove Avenue offers 904 sq. ft. of total usable commercial space, with 511 sq. ft. on the main level and 393 sq. ft. below grade. It is a smart mix of client-facing space and practical support area, ideal for service-based, wellness, creative, and entrepreneurial uses. Currently operating as a boxing and fitness studio, the main floor features an open-concept layout with polished concrete floors, exposed ductwork, industrial-style ceilings, upgraded lighting, and a functional service bar with a double sink. The space has a clean, flexible feel and can easily be adapted for fitness, yoga, pilates, wellness and therapy services, massage therapy, hair salon, photo/video production, art studios, creative offices, boutique retail, professional services, content creation, and other permitted commercial uses. The lower level adds valuable flexibility with a kitchenette, two full washrooms, each with a shower, and support space for staff use, client overflow, storage, treatment-related support, prep space, or general operations. Surrounded by Parkdale's mix of independent businesses, cafés, restaurants, galleries, studios, and creative entrepreneurs, this location offers strong neighbourhood appeal with easy access to Queen Street West and public transit. The property benefits from local activity, accessibility, and neighbourhood character, which continue to attract interesting businesses and professionals.A rare opportunity to secure a character-filled commercial space with a practical layout, useful lower-level support space, and real flexibility in a sought-after west-end neighbourhood. Total Area: 904 SF Main Level: 511 SF Below Grade: 393 SF TMI: Approximately $440/month Heat: Approximately $120-$150/month Electricity: Approximately $100-$120/month TMI and utilities are the responsibility of the tenant Parking: None
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Data-driven valuation for 86 Elm Grove Avenue, Toronto W01, ON M6K 1J2
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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,100 in Toronto, the legal minimum down payment is $105 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 $11 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $21.
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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.