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$ 4,450,000
Est. payment | /mo
5,000 SqFt
$ 4,450,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $890
Municipality Toronto C01
Subdivision Niagara
MLS Listing ID C13768688
Annual Tax Amount $46,829
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
That yellow brick building you've always admired at 186-188 Strachan is officially on the market. The selling of this coveted building presents a rare opportunity to acquire a prominent mixed-use commercial property in one of Toronto's most desirable urban neighbourhoods. Located just South of Queen Street West & steps from the Gates of Trinity Bellwoods Park, the property benefits from exceptional exposure, flexible CR3 zoning, & strong appeal to investors, owner-users, & developers alike. The property features an approximate 5,000 sq. ft. two-storey mixed-use commercial building situated on a 52.95 ft x 65.39 ft lot with approximately 3,462sq. ft. of site area. Currently used as one retail space and with two office spaces above. Positioned within the highly sought-after Queen West/Trinity Bellwoods corridor, the area is surrounded by busy retail, hospitality, residential, and creative commercial uses, with excellent connectivity to the downtown core, King West, Liberty Village, and Ossington districts. Ideal for investors seeking stable long-term income from a mixed-use asset with retail and upper-floor commercial or studio leasing potential. The property also offers an exceptional opportunity for owner-users, including creative office, hospitality, wellness, fitness, design studio, and boutique retail operators seeking flagship space with operational flexibility in a high-profile urban location. Flexible CR3 zoning further supports long-term intensification and adaptive reuse potential, adding significant value for redevelopment-minded purchasers. Exceptional opportunity for repositioning, long-term growth, and value appreciation in one of Toronto's most dynamic commercial and residential areas. Currently vacant except for one of the upper Architect's office that is on a month to month lease.See attached feature sheet.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 52.95
Lot Depth 65.39
Building
Building Age 51-99
Others
Security Features Yes
ParcelsYN No
Listed by BOSLEY REAL ESTATE LTD.
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