1
$8,500,000
112 & 114 Sherbourne Street, Toronto, ON M5A 2R2
Waterfront Communities · C01
3,918.06 sf
8 months on marketMLS® C12820438
Listing courtesy of Canadian Living Realty Inc.
For saleMLS® C12861744
111 Wellington Street W Floor 1-5, Toronto, ON M5J 2S7
Waterfront Communities · C01 · M5J 2S7
$9,480,000
$360 / sq ft8 months on market
- Total area
- 26,363 sf
- Lot
- 50 × 50 ft
What's special
- Underground parking
- Yes
About this property
Situated at the southwest corner of Wellington and York in Toronto's financial core, this five-story commercial condominium is a unique opportunity for single or multi-tenant commercial uses such as office, medical or education. Along with incredible exposure and signage potential the space features ceiling heights up to 18 feet with 50 feet of frontage along Wellington and York. Steps from Union Station and The PATH. Underground parking spaces F38 and F39.
Property details
Property
- Property type
- retail
- Interior size
- 26,363 sq ft
- Lot size
- 50 × 50 ft
- Zoning
- CR 12.0 (c.8, R11.7)
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Underground
- Sewer
- Sanitary+Storm
Costs
- List price
- $9,480,000
- Property taxes
- $189,142 / year (2026)
- Price per sq ft
- $360
Listing
- MLS® number
- C12861744
- Status
- For sale
- Listed
- March 9, 2026
- Days on market
- 241
- Last updated
- October 26, 2026
- Listing brokerage
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 94% of comparable retail listings in Waterfront Communities are asking less.
$42KMedian $2.10M$6.05M
- This home
- $360 / sq ft
- Comparable median
- $911 / sq ft
Based on 18 comparable active retail listings in Waterfront Communities. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $1,896,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $41,933.24
- Property tax (est.)
- $15,761.83
- Estimated monthly
- $57,695
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $223,475
- Toronto municipal
- $387,875
- Total due on closing
- $611,350
An estimate on the asking price of $9,480,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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