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3248 Yonge Street
Lawrence Park North Toronto M4N 2L4

$2,620,000 /For Sale
Commercial

Main Photo: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 1: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 2: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 3: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 4: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 5: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 6: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 7: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 8: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 9: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 10: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 11: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 12: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 13: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 14: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 15: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 16: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 17: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 18: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 19: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 20: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 21: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 22: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 23: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Photo 24: 3248 Yonge Street in Toronto: Lawrence Park North Commercial for sale (Toronto C04)  : MLS®# C12400483
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12400483
3248 Yonge Street presents a rare opportunity to acquire a fully upgraded, turnkey commercial asset in the heart of the highly coveted Yonge & Lawrence neighbourhood. Vendor Take-Back (VTB) financing is available, offering flexibility for purchasers. This two-storey mixed-use commercial building features three fully leased retail units two at grade and one on the second floor offering diversified and stable rental income. All tenants are secured under triple net leases, providing passive, landlord-friendly cash flow. Additionally, the property benefits from a rooftop billboard, generating supplementary advertising revenue.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2215 sq. ft. Square Feet
Total Area:
2,215 sq. ft.
Retail Area:
2215 sq. ft. Sq Ft
Depth:
122'3"
Frontage:
19'
Bathrooms:
3.0
Water supply:
Municipal
Zoning:
CR - Commercial Residential
Heating type:
Water Radiators
Garage:
Other
Parking Spaces:
2
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$25,922.44 / 2024
Assessment:
$- / -
Toronto C04
Lawrence Park North
Toronto
No
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Sep 12, 2025
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Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Data was last updated September 12, 2025 at 11:15 PM (UTC)
DARYL  KING
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Explore Commercial Space for Sale in Toronto

Toronto’s diverse commercial property market includes everything from retail units and office suites to industrial spaces and mixed-use buildings. Whether you’re looking in downtown, midtown, or outer suburbs, our listings offer:

Strategic Locations – Proximity to TTC, highways, and business hubs
Variety of Property Types – Office, retail, warehouse, and flex space
Investment-Ready Units – Tenanted spaces with income potential
Zoning Options – Tailored for professional, retail, industrial, or hospitality use

Why Invest in Commercial Space in Toronto?

Canada’s Economic Capital – High demand, strong ROI, and business growth
Steady Appreciation – Limited inventory in key neighborhoods fuels long-term value
Flexible Usage – Buy for your own business or lease it for consistent revenue
Financing Support – Various mortgage options for commercial buyers

Navigating the Commercial Real Estate Market in Toronto

Buying commercial space in Toronto involves important considerations, such as zoning laws, financing options, and long-term investment potential. Our expert team is here to guide you through each step of the process, offering personalized advice on market trends, property inspections, and negotiations to ensure a seamless and successful transaction.

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FAQs – Commercial Space for Sale Toronto

1. What types of commercial properties are available in Toronto?
Office spaces, retail storefronts, warehouses, industrial units, and mixed-use buildings.

2. Is now a good time to buy commercial space in Toronto?
Yes. With ongoing development and population growth, demand remains high in key business districts.

3. Can I lease out the space if I’m not using it?
Absolutely. Many buyers purchase commercial property solely as an income-generating investment.

4. What areas are best for commercial real estate in Toronto?
Downtown Core, Liberty Village, North York, Scarborough, and Etobicoke are all strong markets.