Space
Finished area and layout
- Building Area
- 1,700 sqft
+9 more
1,700 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- MCR T3.0 C3.0 R1.5
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Toronto offers 1,700 sqft of building area. The property has zoned MCR T3.0 C3.0 R1.5. The home features partial.
MLS Remarks
1242 Yonge Street, occupied by Waxon since 2012, is being offered for sale and presents an opportunity to acquire a well-located retail investment in the heart of Summerhill. The property is leased to a long-standing tenant that has recently executed a new long-term lease, providing stable and predictable income. Positioned on a prominent corner at Yonge Street and Walker Avenue, the property benefits from strong pedestrian traffic, direct access to Summerhill Subway Station, and close proximity to Yorkville, Rosedale, and the Yonge/Bloor corridor. The surrounding area is characterized by affluent residential neighbourhoods, established retail amenities, and ongoing residential intensification, supporting the long-term fundamentals of the location. Opportunities to acquire corner retail properties with newly renewed long-term tenancy along this stretch of Yonge Street are infrequent, making 1242 Yonge Street a noteworthy offering within one of Toronto's most established retail corridors.
Full Listing Details
Address1242 Yonge Street, Toronto, ON M4T 1W5
MLS#C13446128
Listing StatusNew
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateJun 15, 2026
Days on Market132
Annual Tax$15 (2026)
Possession DetailsImmediate
StyleMixed Use
CityToronto
ProvinceOn
Postal CodeM4T 1W5
ZoningMCR T3.0 C3.0 R1.5
CoolingPartial
SecurityYes
UtilitiesAvailable
Annual Tax$15 (2026)
Business TypeRetail Store Related
Yonge St & Summerhill Ave
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