116 Sherbourne Street, Toronto, ON M5A 2R2, Toronto C08, ON
1323.96 sqft
Well-located commercial unit offering a functional open-concept layout . The property provides street exposure along Sherbourne Street and represents an excellent opportunity for owner-users, developers, and investors seeking a flexible commercial asset in Toronto's downtown core.Surrounded by residential condominiums and mixed-use developments, the area continues to experience steady growth and urban intensification, making this a strong option for redevelopment, repositioning, or long-term investment. Close proximity to public transit and major downtown corridors enhances accessibility and long-term desirability. Ideal for a variety of commercial uses with solid potential for future value appreciation.
Property Highlights
For Sale
MLS NO.
C12777560
Type
Commercial
Sub Type
Commercial Retail
Square Footage
1323.96 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12777560
Security Features
Yes
Lot Width
13.5
Lot Size Units
SquareFeet
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
116 Sherbourne Street, Toronto, ON M5A 2R2
City
Toronto C08
Neighbourhood
Moss Park
County / Region
Toronto
Province / State
ON
Postal Code
M5A 2R2
Cross Street
Sherbourne St/Richmond St
Directions
Sherbourne St
Country
CA
List Price
$2,500,000
Annual Taxes
$18,530
Tax Year
2025
Possession Type
Flexible
Listing Office
Canadian Living Realty Inc.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-10T22:39:36Z
Media Updated
2026-04-22T19:32:48Z
Photos Updated
2026-03-27T18:59:52Z
Last Modified
2026-04-22T19:32:47Z
System Modified
2026-04-22T19:32:48.014116Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2027-02-09
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
210940141
Public Remarks
Well-located commercial unit offering a functional open-concept layout . The property provides street exposure along Sherbourne Street and represents an excellent opportunity for owner-users, developers, and investors seeking a flexible commercial asset in Toronto's downtown core.Surrounded by residential condominiums and mixed-use developments, the area continues to experience steady growth and urban intensification, making this a strong option for redevelopment, repositioning, or long-term investment. Close proximity to public transit and major downtown corridors enhances accessibility and long-term desirability. Ideal for a variety of commercial uses with solid potential for future value appreciation.