That yellow brick building you've always admired at 186-188 Strachan is officially on the market. The selling of this coveted building presents a rare opportunity to acquire a prominent mixed-use commercial property in one of Toronto's most desirable urban neighbourhoods. Located just South of Queen Street West & steps from the Gates of Trinity Bellwoods Park, the property benefits from exceptional exposure, flexible CR3 zoning, & strong appeal to investors, owner-users, & developers alike. The property features an approximate 5,000 sq. ft. two-storey mixed-use commercial building situated on a 52.95 ft x 65.39 ft lot with approximately 3,462sq. ft. of site area. Currently used as one retail space and with two office spaces above. Positioned within the highly sought-after Queen West/Trinity Bellwoods corridor, the area is surrounded by busy retail, hospitality, residential, and creative commercial uses, with excellent connectivity to the downtown core, King West, Liberty Village, and Ossington districts. Ideal for investors seeking stable long-term income from a mixed-use asset with retail and upper-floor commercial or studio leasing potential. The property also offers an exceptional opportunity for owner-users, including creative office, hospitality, wellness, fitness, design studio, and boutique retail operators seeking flagship space with operational flexibility in a high-profile urban location. Flexible CR3 zoning further supports long-term intensification and adaptive reuse potential, adding significant value for redevelopment-minded purchasers. Exceptional opportunity for repositioning, long-term growth, and value appreciation in one of Toronto's most dynamic commercial and residential areas. Currently vacant except for one of the upper Architect's office that is on a month to month lease.See attached feature sheet. (id:66096)
Property Details
MLS®
C13768688
Property Type
Retail
Zoning
CR3 (c1.5; 2.5*1770), R(d1*868)
Parking
2
Interior Size
5,000 ft²
Lot Size
53 × 65 ft (3,462 sq ft)
Frontage
52 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$46,829.34/yr
Listed
55 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
55d
Toronto (Niagara) listings, avg age
49d
Price / ft²
$890
List price
$4.45M
Long Listed: 55 days on market, against an average age of 49 days across the listings currently for sale in this city
Market timing · days on market0 → 49d avg age of current listings
Long Listed · day 55
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This retail in Toronto (Niagara) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M6J)
This home lists at $4,450,000, about 49.4× the local median household income of $90,000.
Carrying it typically needs a household income of about $869,241 (20% down, 25-yr amortization, stress-tested) — roughly 866% above the area median.
Median household income
$90,000
Population
32,111
Median age
36.8
Owner / renter
49% / 51%
Avg. household size
2
Source: Statistics Canada, 2021 Census (FSA M6J)
$4,450,000· $890/ft²
For sale
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