$ 2,500,000

640 Yonge Street, Toronto

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. (id:1945)
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Property details for 640 Yonge Street, Toronto

Type
Commercial
Living Area
969 square feet
Lot Size
12.5 x 78 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$31,627 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 640 Yonge Street

Active Listings
1572
Min Price
$1
Max Price
$23,423,423
Avg Price
$1,207,411
Days on Market
69
days
Sold Listings
575
Min Sold Price
$1
Max Sold Price
$8,950,000
Avg Sold Price
$964,210
Days until Sold
67
days

Neighbourhood Census Data

Toronto, Ontario

Population
772
Median Age
29.4
Median Income
$31,680
Dwelling Value
$501,096

Housing Tenure

Owners 16%
Renters 86%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.5
Pop. Density: 22,639.3/km²
Avg Shelter Cost: $1,695/mo
Owners with Mortgage: 85.7%
Owners Spending 30%+: 78.6%
Tenants Spending 30%+: 61%
English only: 84.4%
English and French: 14.9%
Neither: 0.6%
Median Household Income: $47,019
Median Employment Income: $40,064

Price History

Listed
June 5, 2026
by RIGHT AT HOME REALTY
Current Price
$2,500,000
-12.3% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $2,500,000 $350,000 (-12.3%)
Aug 26, 2026 $2,850,000 Listed

Contact Agent Get in touch about 640 Yonge Street, Toronto

CHRISTOPHER NGUYEN
RIGHT AT HOME REALTY