$5,000/mo - 212 Avenue Road, Yorkville
Commercial for Rent in Yorkville
61 days on marketNeighbourhood: Annex
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- MLS Number
- C13652324
- Property Type
- Commercial
- Status
- active
- Days on Site
- 61
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Annex / Yorkville / Summerhill
- Taxes (2026)
- $800
- Listing Brokerage
- SOLTANIAN REAL ESTATE INC.
Position your brand at one of Toronto's most prestigious retail destinations. A rare opportunity to lease a prominent high-exposure corner location at 212 Avenue Road, just steps from the internationally renowned Yorkville shopping district. Featuring the highly sought-after advantage of dedicated on-site parking, this exceptional commercial space offers outstanding visibility in the vibrant Yorkville-Annex corridor, surrounded by luxury retailers, acclaimed restaurants, boutique hotels, prestigious residential buildings, and an affluent, style-conscious clientele.Situated in one of Toronto's most desirable commercial corridors, this premium location combines exceptional pedestrian and vehicular exposure with the sophistication and exclusivity that define Avenue Road and Yorkville. Flexible zoning accommodates a variety of upscale customer-facing businesses that complement the neighbourhood's refined character.Ideal uses include luxury fashion boutiques, designer apparel, jewelry and watch retailers, art galleries, home décor showrooms, premium beauty salons, medical aesthetics clinics, day spas, boutique fitness or Pilates studios, interior design firms, wealth management offices, real estate professionals, and other boutique services. Specialty gourmet food retailers, artisan bakeries, cafés, and beverage concepts with limited seating of up to 15 patrons (subject to approvals) are also permitted.Permitted uses have been carefully selected to preserve the elegant residential character of the area by excluding high-traffic, high-noise, and industrial operations. An exceptional opportunity for established brands and emerging luxury concepts seeking a presence in one of Toronto's most affluent and design-forward neighbourhoods. A landmark Yorkville address where prestige, visibility, accessibility, and long-term brand value come together.
Discover Annex
Annex is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Annex
- •Convenient location in Annex / Yorkville / Summerhill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Annex offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
212 Avenue Road, Annex / Yorkville / Summerhill
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $5/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 61 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Yorkville transactions.