186-188 STRACHAN AVENUE, Toronto (Niagara)

$4,995,000

For sale: Other

Other at 186-188 STRACHAN AVENUE, Toronto (Niagara)
Property type
Store W Apt/Office
MLS®
MLS® C13421522
Neighbourhood
Niagara

That Yellow Brick Building You've Always Admired At 186-188 Strachan Is Officially On The Market. The Selling Of This Coveted Building Presents A Rare Opportunity To Acquire A Prominent Mixed-Use Commercial Property In One Of Toronto's Most Desirable Urban Neighborhoods. Located Just South Of Queen Street West And Steps From The Gates Of Trinity Bellwoods Park, The Property Benefits From Exceptional Exposure, Flexible CR3 Zoning, And Strong Appeal To Investors, Owner-Users And Developers Alike. The Property Features An Approximate 5000 Square Foot, Two-Storey, Mixed-Use Commercial Building Situated On A 52.95 Ft X 65.39 Ft Lot With Approximately 3462 Square Feet Of Site Area, 2 Car Boulevard Parking And Attached Garage. Currently Used As One Retail Space With Two Office Spaces Above. Positioned Within The Highly Sought-After Queen West/Trinity Bellwoods Corridor, The Area Is Surrounded By Busy Retail, Hospitality, Residential, And Creative Commercial Uses With Excellent Connectivity To The Downtown Core, King West, Liberty Village, And Ossington Districts. Ideal For Investors Seeking Stable Long-Term Income From A Mixed-Use Asset With Retail And Upper-Floor Commercial Or Studio Leasing Potential. The Property Also Offers An Exceptional Opportunity For Owner-Users, Including Creative Office, Hospitality, Wellness, Fitness, Design Studio, And Boutique Retail Operators Seeking Flagship Space With Operational Flexibility In A High Profile Urban Location. Flexible CR3 Zoning Further Supports Long Term Intensification And Adaptive Reuse Potential, Adding Significant Value For Redevelopment-Minded Purchasers. Exceptional Opportunity For Repositioning, Long Term Growth, And Value Appreciation In One Of Toronto's Most Dynamic Commercial And Residential Areas. Vacant Possession By The End Of August. (Retail August 31/26, Front Office June 30/26, And Back Office Is Month To Month And Requires 30 Days Notice). See Attached Feature Sheet For Floor Plans & Survey

Sold data

Other homes in Toronto (Niagara) — recent sold market

Other homes in Toronto (Niagara) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.

The median sale price was $67,500.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
91.8%
Sold above asking
6%

Based on 32 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Niagara)

Toronto (Niagara) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Niagara)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 186-188 STRACHAN AVENUE