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598-600 Yonge Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12286139

Looking for a commercial building for sale Toronto? From bustling retail plazas to mixed-use properties and standalone office spaces, Toronto offers strong investment potential in every corner of the city. Whether you’re expanding your portfolio or launching a new business, the commercial market here delivers long-term value and consistent demand.

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598-600 Yonge Street
Bay Street Corridor Toronto M4Y 1Z3

$9,999,999 /For Sale
Commercial

Main Photo: 598-600 Yonge Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12286139
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12286139
Located in the heart of Yonge Street just south of Bloor, this prime commercial property presents an exceptional investment,Future potential for Condo apartment building adjacent to Wesley Condo apartment building. The property features: Two ground-floor retailstores with excellent street visibility and foot traffic. A second-floor bookstore, offering stable tenancy and a unique cultural appeal. A thirdfloorapartment, providing additional rental income and mixed-use flexibility. This is a rare chance to own a fully tenanted, income-generatingproperty in one of Torontos most vibrant and sought-after neighborhoods. Located in the heart of Yonge Street just south of Bloor andadjecent to Wesley , this prime commercial property presents an exceptional investment opportunity. With a total net annual income of justover $500,000, the property features: Two ground-floor retail stores with excellent street visibility and foot traffic. A second-floor book store.,apartment & third floor apartments , offering stable tenancy and a unique cultural appea. l A third-floor apartment, providing additional rentalincome and mixed-use flexibility. This is a rare chance to own a fully tenanted, income-generating property in one of Toronto's most vibrant and sought-after neighborhoods.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
5600 sq. ft. Square Feet
Total Area:
5,600 sq. ft.
Retail Area:
3400 sq. ft. Sq Ft
Office/Apt Area:
900 sq. ft. Sq Ft
Depth:
112'
Frontage:
26'6"
Lot Details:
26.50 x 112.00 Feet
Bathrooms:
4.0
Water supply:
Municipal
Rooms:
0
Zoning:
Com & Res
Heating type:
Baseboard
Cooling:
No
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$9,000 / 2024
Assessment:
$- / -
Toronto C01
Bay Street Corridor
Toronto
No
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Jul 15, 2025
Original Price:
Previous Price:
  • Photo 1: 598-600 Yonge Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12286139
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated July 16, 2025 at 03:15 PM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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FAQs – Commercial Building for Sale Toronto

1. What types of commercial buildings are available in Toronto?
You’ll find retail storefronts, office buildings, mixed-use developments, and industrial spaces throughout the GTA.

2. How much does a commercial building cost in Toronto?
Prices vary based on location and size, ranging from $1M to over $20M for premium properties.

3. Is financing available for commercial properties?
Yes. Commercial mortgages are offered by banks and lenders with typical down payments of 25–35%.

4. Do I need a special permit to run a business from a commercial building?
Zoning laws apply. You must check with the City of Toronto to ensure your business use aligns with the building’s permitted zoning.

5. Are commercial buildings in Toronto a good investment?
Yes. With Toronto’s population growth, strong economy, and high business demand, commercial real estate remains a stable long-term investment.