$3,300/mo
For rent: Other

Discover this versatile commercial space available for lease at 420 Royal York Road in the heart of Mimico Village, a vibrant and growing neighbourhood along Toronto's bustling Royal York Road corridor. Situated at Royal York and Evans, the property enjoys high foot traffic, proximity to Mimico GO Station, and easy access to TTC routes and major highways like the QEW and Gardiner Expressway. Nestled in a thriving retail strip surrounded by popular local favourites such as Sanremo Bakery, Jimmy's Coffee, and more, it offers exceptional visibility and community appeal. The space supports diverse uses including retail shops, professional services like salons or offices, studios, or creative ventures. Ideal for businesses seeking exposure in an area with ongoing development, strong demand, and proven retail success, this turnkey opportunity promises growth potential. The unit is 1980 sq feet, split as 960 retail on the ground floor and 1015 in the basement.
Sold data
Other homes in Toronto (Mimico) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 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
Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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