3248 Yonge ST new Save Request In-Person Tour Request Virtual Tour
Toronto C04,ON M4N 2L4
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,215 sqft
Price per Sqft $1,182
Subdivision Lawrence Park North
MLS Listing ID C12400483
Annual Tax Amount $25,922
Tax Year 2024
Property Sub-Type Investment
Property Description
3248 Yonge Street presents a rare opportunity to acquire a fully upgraded, turnkey commercial asset in the heart of the highly coveted Yonge & Lawrence neighbourhood. Vendor Take-Back (VTB) financing is available, offering flexibility for purchasers. This two-storey mixed-use commercial building features three fully leased retail units two at grade and one on the second floor offering diversified and stable rental income. All tenants are secured under triple net leases, providing passive, landlord-friendly cash flow. Additionally, the property benefits from a rooftop billboard, generating supplementary advertising revenue.
Location
Province ON
County Toronto
Community Lawrence Park North
Area Toronto
Zoning CR - Commercial Residential
Interior
Cooling Partial
Exterior
Utilities Available Available
Others
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