Prime mixed-use investment opportunity in the heart of Midtown Toronto, just south of Yonge and Eglinton. Featuring approximately 20 feet of frontage on Yonge Street, this property benefits from exceptional visibility and exposure along one of Toronto's busiest pedestrian and vehicular corridors. Across the street is home to over 1,800 condominium units, including Minto Midtown with 891 units, Y&S Condos with over 300 units, and The Art Shoppe with over 625 units, creating a substantial nearby residential population and strong demand for local retail and services. Directly across the street is Farm Boy and Staples. Just a short block from Eglinton subway station and the Eglinton Crosstown LRT, the property offers outstanding transit accessibility. The first-floor retail space is leased to a high-quality tenant. The second floor features two renovated, two-bedroom apartments in like-new condition, both currently vacant and ready for occupancy or leasing. Each two bedroom apartment features a three-piece bathroom with a stand-up shower, its own dedicated laundry equipment, a fridge and stove, and abundant natural light from numerous windows and skylights. The electrical system has been recently upgraded, with separate hydro meters for each apartment and the ground-floor retail space. One rear parking space adds further convenience. In addition to its strong income potential, the property offers potential long-term redevelopment value in a rapidly intensifying Midtown corridor surrounded by high-density residential projects and excellent transit infrastructure. Buyers are encouraged to investigate future development possibilities, subject to applicable zoning, planning approvals and municipal requirements. An exceptional opportunity for investors seeking a versatile income-producing property with potential long-term upside in a premier Yonge Street location. Please do not approach the retail store or contact staff.
Address
2150 Yonge Street
List Price
$2,999,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto C03
Sub-Area
Yonge-Eglinton
Region
Toronto
Bathrooms
6
Lot Size Source
MPAC
Lot Depth
89.83
Lot Type
Lot
Lot Size Units
Feet
Lot Width
20.16
Parcel Number
211720260
Total Building Area
3320
Occupant Type
Owner+Tenant
Cross Street
Yonge St & Eglinton Ave
MLS® Number
C14102746
Listing Brokerage
RIGHT AT HOME REALTY
Basement
Yes
Postal Code
M4S 2A8
Posession Details
Flexable
Parking Spaces
1
Tax Amount
$29,463.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Baseboard
Cooling Features
Partial
Garage Type
Lane
Security Features
Partial
Waterfront
No