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For saleMLS® C12886734

598-600 Yonge Street, Toronto, ON M4Y 1Z3

Bay Street Corridor · C01 · M4Y 1Z3

$6,300,000

$1,125 / sq ft

7 months on market

Total area
5,600 sf
Lot
26.5 × 112 ft

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About this property

The property is a three-storey mixed use building comprised of two ground floor retail/commercial units (both vacant) and 9 rooming house residential units on the upper floors. Six of the rooming house units are occupied, and have common area kitchen and sitting areas, and washrooms. Located along busy Yonge Street, and within walking distance to subway station, the property has excellent street exposure. Property being sold "as is" by Court-appointed Receiver. Seller name continued: *of all of the assets, undertakings and properties of 1656977 Ontario Inc.

Property details

Property

Property type
retail
Interior size
5,600 sq ft
Lot size
26.5 × 112 ft
Zoning
CR 3.0 (c2.0; r3.0) SS1 (x2546)
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
No

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$6,300,000
Property taxes
$94,251 / year (2025)
Price per sq ft
$1,125

Listing

MLS® number
C12886734
Status
For sale
Listed
March 16, 2026
Days on market
234
Last updated
August 10, 2026
Listing brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Price & sale history

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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 91% of comparable retail listings in Bay Street Corridor are asking less.

$69KMedian $99K$2.80M
This home
$1,125 / sq ft
Comparable median
$398 / sq ft

Based on 11 comparable active retail listings in Bay Street Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,260,000
$1,260,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$27,867.02
Property tax (est.)
$7,854.24
Estimated monthly
$35,721

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
$143,975
Toronto municipal
$212,975
Total due on closing
$356,950

An estimate on the asking price of $6,300,000. 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.

$6,300,000

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Comparable sales nearby

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