$2,500,000
Toronto
447 Church Street, Toronto (Church-Yonge Corridor), Ontario, M4Y2C5
This retail property in Toronto is for sale offering roughly 3,600 sq ft of space. It has been on the market 56 days, fresher than the Toronto average of 63 days.
Exceptional Mixed-Use Investment in the Heart of The Village ***** Positioned in the vibrant core of Church Street, this versatile mixed-use property offers a rare opportunity for investors and owner-users alike. Located just two blocks south of Wellesley, the building benefits from unrivaled street visibility and high pedestrian traffic counts, making it a premier destination for commercial success. ***** The main floor and lower level comprise two distinct commercial units totaling over 900 sq. ft. These high-exposure spaces are perfectly suited for flagship retail, food/cafe services, professional services, or creative office use. ***** The second and third floors feature two spacious, well-appointed two-bedroom apartments, offering high rental demand or comfortable urban living. Separate hydro meters. Two car parking at rear ***** This property is an ideal "Live/Work" solution, allowing an owner to operate a business on-site while generating significant supplementary income from the residential units. Located on one of Toronto's most iconic and energetic neighborhoods, the property is surrounded by established local businesses, transit options, and a dense residential population. ***** Whether you are looking for an addition to your portfolio or a signature location for your business, this property delivers the perfect blend of commercial prominence and residential stability. ***** An exceptional opportunity to own a piece of Church Street's iconic commercial landscape. ***** SELLER FINANCING AVAILABLE. Competitive terms offered for a first mortgage back to qualified buyers. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This retail in Toronto (Church-Yonge Corridor) has been listed for 56 days, which is 7 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,500,000, about 40.1× the local median household income of $62,400.
Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 683% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →