For Sale · Commercial Retail
640 Yonge Street, Toronto, ON M4Y 1Z8
Toronto C01 · Bay Street Corridor
0
Beds
—
Baths
0
Parking
968.75 sq ft
Sq ft
—
Built
The honest picture
Listed 384% above the Bay Street Corridor benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Rare opportunity to acquire a mixed-use building on Yonge Street near Wellesley. The property features a ground-floor retail unit with excellent street exposure and two self-contained residential apartments, including one 1-bedroom and one 3-bedroom unit.Located in a high-demand downtown Toronto neighbourhood with strong pedestrian traffic, transit access, and excellent rental appeal. An ideal income-producing asset for investors or owner-operators.
Property details
Listed on
June 5, 2026
Days on market
49 days
Property tax
$31,627 (2025)
Lot
12.5 × 78 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C13247254
Full details
Parking
GarageStreet
Property & sold history
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$57,725
Toronto municipal LTT$57,725
Legal · title · inspection$2,800
Closing costs$118,250
Down payment$570,000
Total cash to close$688,250
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
