For SaleCommercial Retail

112 & 114 Sherbourne Street

$8,500,000
3,918 sqft$2,169/sq ft155d on market
MLS# C12820438Waterfront Communities C1, Toronto · M5A 2R2
Bedrooms
Size
3,918 sq ft
Parking
None

About This Listing

Prime downtown Toronto commercial building located on high-traffic Sherbourne Street. Excellent exposure with strong pedestrian and vehicular traffic. Ideal opportunity for investors or end-users. Surrounded by residential condos, retail, and mixed-use developments. Steps to TTC, Dundas & Queen East corridor. Flexible zoning allows for a variety of permitted uses (buyer to verify). Rare opportunity to own in a rapidly evolving neighbourhood with strong future growth potential. Price reflects air rights for future build up potential. Potential annual rent $480k .

Monthly Mortgage (P&I)$37,034
Property Tax (MLS)$4,583
Maintenance Fees$0
Total Monthly Cost$41,617

Down payment: $1,700,000 (20.0%) · Mortgage: $6,800,000

Property tax uses MLS annual tax of $55,000/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC12820438
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size3,918 sq ft
Parking TypeOutside/Surface
Property Tax$55,000/yr
Days on Market155
Listed2026-02-25
CommunityWaterfront Communities C1
MunicipalityToronto
Cross StreetSherbourne St/Richmond St

Listing provided by Canadian Living Realty Inc.

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Data last updated: August 22, 2026 at 02:26 a.m.