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184 Willowdale Ave
Toronto, ON M2N 4Y8
Retail Property For Sale


Investment Highlights
- Two street-level commercial units and two residential apartments.
- Walking distance to Sheppard-Yonge and North York Centre subway stations.
- Freehold mixed-use building in Willowdale East.
- Reported annual gross income of $171,270.
- Front and rear parking accommodate up to 10 vehicles.
- Located within a major North York residential and commercial district.
Executive Summary
180-184 Willowdale Avenue presents an opportunity to acquire a freehold mixed-use asset in Toronto’s Willowdale East neighbourhood. The two-storey property includes two street-level commercial units and two residential apartments above, creating a blend of retail and residential income within one asset. The property is reported as fully leased and generates annual gross income of $171,270.
Located near the Willowdale and Sheppard Avenue corridor, the property benefits from proximity to the Sheppard-Yonge and North York Centre subway stations, providing direct access to Toronto’s transit network. The surrounding area is characterized by a mix of high-density residential development, established retail services, office users, restaurants, and community amenities that support both commercial and residential demand.
The site includes approximately 46.83 feet of frontage and a depth of 140 feet, with parking available at both the front and rear of the property. The combination of on-site parking, transit accessibility, and a mixed-use configuration offers flexibility for investors, owner-occupiers, and future repositioning considerations, subject to applicable approvals.
Willowdale East remains one of North York’s most established urban nodes, benefiting from ongoing residential intensification and strong connectivity throughout the Greater Toronto Area. The property's existing income stream, mixed-use tenancy profile, and central location contribute to its long-term investment appeal.
Located near the Willowdale and Sheppard Avenue corridor, the property benefits from proximity to the Sheppard-Yonge and North York Centre subway stations, providing direct access to Toronto’s transit network. The surrounding area is characterized by a mix of high-density residential development, established retail services, office users, restaurants, and community amenities that support both commercial and residential demand.
The site includes approximately 46.83 feet of frontage and a depth of 140 feet, with parking available at both the front and rear of the property. The combination of on-site parking, transit accessibility, and a mixed-use configuration offers flexibility for investors, owner-occupiers, and future repositioning considerations, subject to applicable approvals.
Willowdale East remains one of North York’s most established urban nodes, benefiting from ongoing residential intensification and strong connectivity throughout the Greater Toronto Area. The property's existing income stream, mixed-use tenancy profile, and central location contribute to its long-term investment appeal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,530 SF
Building Class
B
Year Built
1975
Price
$2,884,011 USD
Price Per SF
$521.52 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.15 AC
Zoning
CR1.0 - Commercial residential
Parking
6 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
37’ on Willowdale Ave
Amenities
- Corner Lot
- Signage
1 of 3
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