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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Connect Asset Management. All rights reserved.

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MLS# C12711600Lansing-Westgate, Toronto · M2N 5N2
For SaleCommercial Retail

4854 Yonge Street

$5,000,000
3,060 sqft$1,634/sq ft91d on market
MLS# C12711600Lansing-Westgate, Toronto · M2N 5N2
For SaleCommercial Retail

4854 Yonge Street

$5,000,000

$1,634/sq ft · 91 days on market

Bedrooms
—
Size
3,060 sq ft
Parking
2 None

Listing History — This Unit

Jan 19, 2026(3mo ago)·91 DOM
$5,000,000
Active
JAMES SO REALTY LTD.
C12711600Current

About This Listing

Exceptional investment opportunity along Yonge Street corridor in North York. 4854 Yonge Street is strategically positioned steps away from Sheppard - Yonge Subway Station in one of Toronto's most high-demand commercial nodes. This property boasts unparalleled exposure on Yonge Street, consistent pedestrian & vehicular traffic, Green P parking at the back and immediate proximity to TTC subway access. Surrounded by dense high-rise residential development, established retail, professional services, cuisines of the world at its doorstep, the area continues to attract users seeking transit-oriented locations. With flexible CR zoning and strong underlying land value, the asset provides multiple investment angles, including stable income generation, future rent growth, and potential redevelopment or repositioning upside. The surrounding neighbourhood's ongoing intensification and limited supply of well-located commercial properties further support long-term appreciation. The building boasts 2 storeys plus a roof top patio with The Frog and Firkin as a long standing commercial tenant.

Property Details

MLS NumberC12711600
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size3,060 sq ft
Parking Spaces2
Parking TypeNone
Property Tax$34,815/yr
Days on Market91
Listed2026-01-19
Possession2026-03-01
CommunityLansing-Westgate
MunicipalityToronto
Cross StreetElmhurst Ave /Harlandale Ave

Location & Scores

Nearby schools

Closest publicly funded schools — within 5km of this address.

Elementary

  • Cardinal Carter ESCatholic
    Toronto CDSB · 7-8
    195 m
  • Claude Watson School for the ArtsPublic
    Toronto DSB · 1-8
    369 m
  • Avondale Alternative Elementary SchoolPublic
    Toronto DSB · JK-8
    970 m

Secondary

  • Cardinal Carter Academy for the ArtsCatholic
    Toronto CDSB · 9-12
    188 m
  • Earl Haig Secondary SchoolPublic
    Toronto DSB · 9-12
    856 m
  • Loretto Abbey Catholic Secondary SchoolCatholic
    Toronto CDSB · 9-12
    2.4 km

Source: Ontario Ministry of Education. Distances are straight-line.

Transit access

Nearest rapid transit and bus stops

M
Nearest subway
Sheppard-Yonge Station - Northbound Platform
128 m · every 3 min at peak
1

Bus stops within 800 m

5 stops
  • Yonge St at Elmhurst Ave
    32097
    71 m
  • Yonge St at Sheppard Ave East North Side - Sheppard Station
    32097
    74 m
  • Sheppard-Yonge Station
    185385
    106 m
  • Sheppard-Yonge Station
    98
    118 m
  • Sheppard-Yonge Station
    98
    118 m

Source: TTC GTFS · straight-line distances · routes shown are short names

Nearby amenities

171 within a 10-min walk · 266 within 20 min

Daily essentials

🏦
Bank / ATM
12within 800 m
+4more by 1.6 km
7 within a 5-min walk
🛒
Grocery
8within 800 m
+5more by 1.6 km
7 within a 5-min walk
🏪
Convenience
6within 800 m
+3more by 1.6 km
1 within a 5-min walk
💊
Pharmacy
6within 800 m
+2more by 1.6 km
3 within a 5-min walk
📮
Post
1within 800 m
1 within a 5-min walk

Food & drink

🍽️
Restaurants
67within 800 m
+58more by 1.6 km
48 within a 5-min walk
☕
Coffee
16within 800 m
+5more by 1.6 km
9 within a 5-min walk
🍺
Bars & pubs
1within 800 m
1 within a 5-min walk

Recreation

🏋️
Fitness
7within 800 m
+1more by 1.6 km
3 within a 5-min walk
🎭
Entertainment
4within 800 m
🌳
Parks
2within 800 m
+1more by 1.6 km
📚
Libraries
1within 800 m
🏛️
Community

Services & shops

🏥
Healthcare
27within 800 m
+10more by 1.6 km
8 within a 5-min walk
🛍️
Shops
11within 800 m
+2more by 1.6 km
5 within a 5-min walk
🧸
Daycare
1within 800 m
+3more by 1.6 km
⛽
Gas / EV
1within 800 m

© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance

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Listing provided by JAMES SO REALTY LTD.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 19, 2026 at 09:43 p.m.

1within 1.6 km