640 YONGE STREET, Toronto (Bay Street Corridor)
$2,500,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® C13247254
- Neighbourhood
- Bay Street Corridor
Rare opportunity to acquire a mixed-use building on Yonge Street near Wellesley. The property features a ground-floor retail unit with excellent street exposure and two self-contained residential apartments, including one 1-bedroom and one 3-bedroom unit.Located in a high-demand downtown Toronto neighbourhood with strong pedestrian traffic, transit access, and excellent rental appeal. An ideal income-producing asset for investors or owner-operators.
Sold data
Homes in Bay Street Corridor — recent sold market
Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $554,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 30
- Median sale price
- $554,000
- Sale-to-list ratio
- 96.3%
- Sold above asking
- 16%
Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Bay Street Corridor)
Toronto (Bay Street Corridor) 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 (Bay Street Corridor)
- 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 640 YONGE STREET
$2,499,000
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