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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# C12711600Lansing-Westgate, Toronto · M2N 5N2
For SaleCommercial Retail

4854 Yonge Street

$5,000,000
3,060 sqft$1,634/sq ft80d on market
MLS# C12711600Lansing-Westgate, Toronto · M2N 5N2
For SaleCommercial Retail

4854 Yonge Street

$5,000,000

$1,634/sq ft · 80 days on market

Bedrooms
—
Size
3,060 sq ft
Parking
2 None

Listing History — This Unit

Jan 19, 2026(2mo ago)
For Sale

$5,000,000

80 DOM
JAMES SO REALTY LTD.·MLS# C12711600
Current

About This Listing

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.

Property Details

MLS NumberC12711600
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size3,060 sq ft
Parking Spaces2
Parking TypeNone
Property Tax$34,815/yr
Days on Market80
Listed2026-01-19
Possession2026-03-01
CommunityLansing-Westgate
MunicipalityToronto
Cross StreetElmhurst Ave /Harlandale Ave

Location & Scores

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Listing provided by JAMES SO REALTY LTD.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 8, 2026 at 03:40 p.m.