378 Markham Street, Toronto, ON M6G 2K9, Toronto C01, ON
13000.0 sqft
Positioned in one of Toronto's most sought-after neighbourhoods, 378 Markham St is surrounded by exceptional restaurants, cafés and retail. The building features individually metered hydro, on-site laundry, and 13-1br and 5-2br units. There are 8 vacant suites, providing a rare opportunity for immediate renovation and lease-up at full market rates. Potential to convert some 1Br to 2Br units based on SF. Upside in rental income is approximately 92% on turnover across tenanted suites. Over $1.6 million spent on capex in last 5 years on structural restoration, mechanical systems, and upgrades required to meet current building code standards.
Property Highlights
For Sale
MLS NO.
C13170040
Type
Commercial
Sub Type
Investment
Square Footage
13000.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active Under Contract
Contract Status
Available
MLS® Number
C13170040
Security Features
Yes
Lot Width
49.5
Lot Size Units
SquareFeet
Garage Type
None
Cooling
No
Heat Type
Gas Hot Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
378 Markham Street, Toronto, ON M6G 2K9
City
Toronto C01
Neighbourhood
Trinity-Bellwoods
County / Region
Toronto
Province / State
ON
Postal Code
M6G 2K9
Cross Street
Bathurst St & College St
Directions
Bathurst St & College St
Country
CA
List Price
$3,500,000
Annual Taxes
$38,529
Tax Year
2025
Legal Description
PT LT 264 BLK B PL 574 CITY WEST AS IN CA346924 S/T CA346924 EXCEPT THE EASEMENT THEREIN; CITY OF TORONTO
Possession Type
Immediate
Possession Details
Immediate
Listing Office
LENNARD COMMERCIAL REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-25T15:54:40Z
Media Updated
2026-05-25T15:54:41Z
Photos Updated
2026-05-25T15:54:41Z
Last Modified
2026-07-09T18:31:29Z
System Modified
2026-07-27T22:01:14.372051Z
MLS Status
Sold Conditional
Basement Yn
Yes
Co List Office Name
LENNARD COMMERCIAL REALTY
Ddfyn
No
Expiration Date
2026-10-31
Heat Type Multi
Gas Hot Water
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
212530420
Public Remarks
Positioned in one of Toronto's most sought-after neighbourhoods, 378 Markham St is surrounded by exceptional restaurants, cafés and retail. The building features individually metered hydro, on-site laundry, and 13-1br and 5-2br units. There are 8 vacant suites, providing a rare opportunity for immediate renovation and lease-up at full market rates. Potential to convert some 1Br to 2Br units based on SF. Upside in rental income is approximately 92% on turnover across tenanted suites. Over $1.6 million spent on capex in last 5 years on structural restoration, mechanical systems, and upgrades required to meet current building code standards.
