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For saleMLS® C12867292

1556 Avenue Road, Toronto, ON M5M 3X5

Bedford Park-Nortown · C04 · M5M 3X5

$2,200,000

$1,118 / sq ft

8 months on market

Total area
1,967 sf
Lot
19.7 × 104 ft

What's special

  • Yes

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About this property

Prime retail opportunity on busy Avenue Road just north of Lawrence in one of Toronto's most established commercial corridors. Exceptional west side exposure with strong daily traffic and excellent visibility. Large front display window provides outstanding street presence and natural light.Approximately 1,200 sq ft of main floor retail space plus 776 sq ft basement. High main floor ceilings create an open, flexible layout suitable for a variety of uses including retail, professional office, or medical services. Basement includes two washrooms and additional storage or workspace.Located in a rapidly evolving area with nearby and upcoming condominium developments bringing continued residential density and customer traffic to the corridor.Very clean space available immediately. Convenient access to Highway 401 and public transit. One parking space included at the rear of the building. Property now legally severed.

Property details

Property

Property type
retail
Interior size
1,967 sq ft
Lot size
19.7 × 104 ft
Zoning
CR3(c2;r2.8)*1543)
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$2,200,000
Property taxes
$25,299 / year (2025)
Price per sq ft
$1,118

Listing

MLS® number
C12867292
Status
For sale
Listed
March 10, 2026
Days on market
240
Last updated
March 10, 2026
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.

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 in line with comparable listings — about 71% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$1,118 / sq ft
Comparable median
$665 / sq ft

Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $440,000
$440,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$9,731.34
Property tax (est.)
$2,108.25
Estimated monthly
$11,840

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
$41,475
Toronto municipal
$41,475
Total due on closing
$82,950

An estimate on the asking price of $2,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.. 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.

$2,200,000

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