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For saleMLS® W13767900

237 Park Lawn Road, Toronto, ON M8Y 3J3

Stonegate-Queensway · W07 · M8Y 3J3

$2,198,000

$458 / sq ft

1 months on market

Total area
4,800 sf
Lot
40 × 120 ft

What's special

  • Yes

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About this property

PRIME COMMERCIAL PROPERTY & ESTABLISHED CONVENIENCE STORE FOR SALEExceptional opportunity to acquire both a prime commercial property and a well-established convenience store business that has served the local community for over 25 years.Situated on a prominent 40' x 120' corner lot, this income-producing property offers excellent exposure, strong visibility, and consistent pedestrian and vehicle traffic. The property features a main-floor retail space, a spacious 3-bedroom residential unit of approximately 1,300 sq. ft. on the second floor, a full-sized basement, and an additional detached 2-bedroom unit at the rear, providing multiple potential income streams.Surrounded by high-density residential development and located within a desirable school district, the property offers convenient access to public transit, The Queensway, Gardiner Expressway, QEW, and downtown Toronto. Street parking is available directly in front of the property.

Property details

Property

Property type
retail
Interior size
4,800 sq ft
Lot size
40 × 120 ft
Zoning
RD (f13.5;a510;d0.45)
Possession
tba

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Sanitary+Storm

Costs

List price
$2,198,000
Property taxes
$15,000 / year (2026)
Price per sq ft
$458

Listing

MLS® number
W13767900
Status
For sale
Listed
September 10, 2026
Days on market
55
Last updated
October 22, 2026
Listing brokerage
HOMECOMFORT REALTY INC.

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 in line with comparable listings — about 71% of comparable retail listings in Stonegate-Queensway are asking less.

$700Median $1.04M$3.67M
This home
$458 / sq ft
Comparable median
$664 / sq ft

Based on 14 comparable active retail listings in Stonegate-Queensway. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $439,600
$439,600
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$9,722.50
Property tax (est.)
$1,250.00
Estimated monthly
$10,972

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
$41,425
Toronto municipal
$41,425
Total due on closing
$82,850

An estimate on the asking price of $2,198,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMECOMFORT REALTY INC.. 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.

$2,198,000

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