Prime Yonge-Lawrence investment opportunity. Exceptional lot depth offers potential for future redevelopment. Excess land currently used as parking. Steps to Lawrence TTC Station and surrounded by shops, amenities, and multiple nearby development projects. Existing leases provide steady income with potential to increase rental rates and reposition the property for added value. Outstanding Yonge Street exposure.
Address
3221 Yonge Street
List Price
$2,495,000
MLS® Status
New
Expiration Date
2026-09-14
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Lawrence Park North
Region
Toronto
Lot Depth
149
Lot Type
Lot
Lot Size Units
Feet
Lot Width
15.09
Parcel Number
211410005
Total Building Area
2010
Occupant Type
Owner+Tenant
Cross Street
North of Lawrence Eastside of Yonge Street
MLS® Number
C12929448
Listing Brokerage
PROPERTY.CA INC.
Basement
No
Postal Code
M4N 2L3
Posession Details
Other
Parking Spaces
3
Tax Amount
$25,277.84
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
PCL 2439 SEC N TORONTO; PT LT 3 PL M260 TORONTO; PT LT 4 PL M260 TORONTO COMM AT A POINT IN THE ELY LIMIT OF YONGE ST (WHICH IS ALSO THE WLY LIMITS OF SAID LOTS 3 AND 4) WHERE IT IS INTERSECTED BY THE SLY LIMIT OF THE NLY 4 FT 10 INCHES THROUGHOUT FROM FRONT TO REAR OF SAID LT 3; THENCE ELY ALONG THE LAST MENTIONED SLY LIMIT, 149 FT 2 1/2 INCHES MORE OR LESS TO THE ELY LIMIT OF SAID LOTS; THENCE NLY ALONG THE ELY LIMITS OF LOTS 3 AND 4 A DISTANCE OF 15 FT 1/2 INCH; THENCE WLY IN A STRAIGHT LINE
Security Features
No