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4854 Yonge Street
Lansing-Westgate Toronto M2N 5N2

$5,000,000 /For Sale
Commercial

Main Photo: 4854 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12711600
Photo 1: 4854 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12711600
Photo 2: 4854 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12711600
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12711600
Exceptional investment opportunity along Yonge Street corridor in North York. 4854 Yonge Street is strategically positioned steps away from Sheppard - Yonge Subway Station in one of Toronto's most high-demand commercial nodes. This property boasts unparalleled exposure on Yonge Street, consistent pedestrian & vehicular traffic, Green P parking at the back and immediate proximity to TTC subway access. Surrounded by dense high-rise residential development, established retail, professional services, cuisines of the world at its doorstep, the area continues to attract users seeking transit-oriented locations. With flexible CR zoning and strong underlying land value, the asset provides multiple investment angles, including stable income generation, future rent growth, and potential redevelopment or repositioning upside. The surrounding neighbourhood's ongoing intensification and limited supply of well-located commercial properties further support long-term appreciation. The building boasts 2 storeys plus a roof top patio with The Frog and Firkin as a long standing commercial tenant.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
3060 sq. ft. Square Feet
Total Area:
3,060 sq. ft.
Retail Area:
3060 sq. ft. Sq Ft
Lot Depth:
125'¼"
Lot Frontage:
19'6"
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
2
Possession Details:
30 Days TBA
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$34,815 / 2025
Assessment:
$- / 2025
Toronto
Toronto C07
Lansing-Westgate
Partial
Chattels owned by the Tenant
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Jan 20, 2026
  • Photo 1: 4854 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12711600
    Photo 1 of 2
  • Photo 2: 4854 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12711600
    Photo 2 of 2
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Listed by JAMES SO REALTY LTD.
Data was last updated January 20, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.