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1240 Yonge Street

1240 Yonge Street

Toronto C02, ON

  • 2,233 sqft
  • Commercial Retail
  • 83 days on market
$1,690,000

1240 Yonge Street, currently occupied by Nutbar, is being offered for both sale and lease and represents an ideal opportunity for end-users seeking high-profile Yonge Street frontage in ahighly affluent and densely populated Midtown Toronto neighbourhood. The property occupies a highly visible corner position at Yonge Street and Walker Avenue and benefits from exceptional pedestrian traffic, direct subway accessibility via Summerhill Station, and immediate proximity to Yorkville, Rosedale, and the Yonge/Bloorcorridor. The unit features modern improvements and is well-suited for a broad range of retail, wellness, medical, beauty, fitness, service commercial, and professional uses. Located within an established mixed-use neighbourhood characterized by affluent residential density, boutique retail, and continued intensification, the offering represents a rare opportunity to acquire irreplaceable high-street retail real estate along one of Toronto's most proven and historically resilient retail corridors.

Listing Details

Taxes (2026)
$8
Listed
June 15, 2026

Price History

Listing history

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Parking

Garage
None

Location & Legal

Cross Street
Yonge St & Summerhill Ave
Zoning
MCR T3.0 C3.0 R1.5
Parcel Number
126810001
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Retail Store Related
Office / Apartment Area
0 Sq Ft
Rental Term
60-120 months

Community

Postal area M4T

Population
10,332
Private dwellings
5,619
Median age
46.8
Average household size
2
Median household income
$114,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C02 · last 12 months

Median sold price
$1,250,000
Homes sold
729
Median days on market
25
Sale-to-list price
97.1%

Based on 729 recorded sales of commercial properties in Toronto C02 over the last 12 months.

Listed by

JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,233 sq ft
Price per sq ft
$756.83
Annual property tax
$8
Tax per sq ft
$0.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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