3187 Yonge St
Toronto, ON M4N 2K9
Retail Property For Sale

3187 Yonge Street presents a compelling investment opportunity in one of Toronto’s most established corridors. This mixed-use building spans approximately 3,000 square feet above grade on a lot measuring 20 feet by 125 feet, ideal for investors or owner-users seeking both stability and upside potential. The property includes a fully built-out commercial space with a complete commercial kitchen, walk-in refrigeration, and supporting infrastructure, providing immediate functionality for food service operators or creative repositioning projects.
Above the retail component, the asset features a recently updated two-bedroom, two-bathroom residential unit comprising approximately 2,507 square feet, offering an additional income stream or live-work versatility. Located steps from TTC Lawrence Station and the Yonge-University subway line, the property benefits from exceptional transit connectivity, ensuring strong long-term demand for both commercial and residential uses. High-visibility frontage along Yonge Street amplifies branding potential, while nearby amenities, highways, and retail destinations reinforce its strategic positioning.
With flexible zoning (CR3 and R designations), ample configuration options, and two dedicated on-site parking spaces, this property delivers a rare combination of location, infrastructure, and adaptability within Toronto’s prestigious Lawrence Park North neighborhood. Long-term income growth is supported by the ability to lease available surplus space at prevailing market rents in a high-demand trade area.