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For saleMLS® C13768688

186-188 Strachan Avenue, Toronto, ON M6J 2S9

Niagara · C01 · M6J 2S9

$4,450,000

$890 / sq ft

1 months on market

Total area
5,000 sf
Lot
52.95 × 65.39 ft
Age
51-99 years

What's special

  • Boulevard garage
  • Yes

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About this property

That yellow brick building you've always admired at 186-188 Strachan is officially on the market. The selling of this coveted building presents a rare opportunity to acquire a prominent mixed-use commercial property in one of Toronto's most desirable urban neighbourhoods. Located just South of Queen Street West & steps from the Gates of Trinity Bellwoods Park, the property benefits from exceptional exposure, flexible CR3 zoning, & strong appeal to investors, owner-users, & developers alike. The property features an approximate 5,000 sq. ft. two-storey mixed-use commercial building situated on a 52.95 ft x 65.39 ft lot with approximately 3,462sq. ft. of site area. Currently used as one retail space and with two office spaces above. Positioned within the highly sought-after Queen West/Trinity Bellwoods corridor, the area is surrounded by busy retail, hospitality, residential, and creative commercial uses, with excellent connectivity to the downtown core, King West, Liberty Village, and Ossington districts. Ideal for investors seeking stable long-term income from a mixed-use asset with retail and upper-floor commercial or studio leasing potential. The property also offers an exceptional opportunity for owner-users, including creative office, hospitality, wellness, fitness, design studio, and boutique retail operators seeking flagship space with operational flexibility in a high-profile urban location. Flexible CR3 zoning further supports long-term intensification and adaptive reuse potential, adding significant value for redevelopment-minded purchasers. Exceptional opportunity for repositioning, long-term growth, and value appreciation in one of Toronto's most dynamic commercial and residential areas. Currently vacant except for one of the upper Architect's office that is on a month to month lease.See attached feature sheet.

Property details

Property

Property type
retail
Interior size
5,000 sq ft
Year built
51-99
Lot size
52.95 × 65.39 ft
Zoning
CR3 (c1.5; 2.5*1770), R(d1*868)
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Boulevard
Sewer
Sanitary+Storm

Costs

List price
$4,450,000
Property taxes
$46,829 / year (2025)
Price per sq ft
$890

Listing

MLS® number
C13768688
Status
For sale
Listed
September 10, 2026
Days on market
55
Last updated
September 10, 2026
Listing brokerage
BOSLEY REAL ESTATE 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 above most comparable listings — about 88% of comparable retail listings in Niagara are asking less.

$1.62MMedian $2.92M$6.55M
This home
$890 / sq ft
Comparable median
$1,066 / sq ft

Based on 8 comparable active retail listings in Niagara. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $890,000
$890,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,683.85
Property tax (est.)
$3,902.44
Estimated monthly
$23,586

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
$97,725
Toronto municipal
$116,725
Total due on closing
$214,450

An estimate on the asking price of $4,450,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BOSLEY REAL ESTATE 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.

$4,450,000

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