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Active
1242 Yonge ST Toronto C02, ON M4T 1W5
1,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,700 sqft
Municipality Toronto C02
Subdivision Yonge-St. Clair
MLS Listing ID C13446128
Annual Tax Amount $14
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Toronto
Community Toronto C02
Area Toronto
Zoning MCR T3.0 C3.0 R1.5
Interior
Cooling Partial
Exterior
Utilities Available Available
Others
Security Features Yes
ParcelsYN No
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.