Toronto, ON · M5A 2R2 · MLS® C12820438Updated
$8,500,000
112 & 114 Sherbourne St is a retail in Toronto, listed for $8,500,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Prime downtown Toronto commercial building located on high-traffic Sherbourne Street. Excellent exposure with strong pedestrian and vehicular traffic. Ideal opportunity for investors or end-users. Surrounded by residential condos, retail, and mixed-use developments. Steps to TTC, Dundas & Queen East corridor. Flexible zoning allows for a variety of permitted uses (buyer to verify). Rare opportunity to own in a rapidly evolving neighbourhood with strong future growth potential. Price reflects air rights for future build up potential. Potential annual rent $480k .
Toronto retail priced at $8,500,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: Canadian Living Realty Inc., BrokerageMLS® C12820438 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Toronto around $8.5M.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
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Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
112 & 114 Sherbourne St is listed at $8,500,000 (MLS® C12820438). Summitly updates the price as soon as the MLS® record changes.
No — 112 & 114 Sherbourne St is still listed at its original asking price of $8,500,000.
The listing for 112 & 114 Sherbourne St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Queen Station (Line 1), about 810 m (about a 10-minute walk) in a straight line. King Station is about 840 m (about a 11-minute walk), and TMU Station is about 990 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $8,500,000 is about 910% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 112 & 114 Sherbourne St on record from the last two years. Older records aren't shown under TRREB rules.
112 & 114 Sherbourne St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
240 days — 112 & 114 Sherbourne St was listed on February 25, 2026.
About $586,450 at the asking price of $8,500,000: $198,975 Ontario land transfer tax plus $387,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 112 & 114 Sherbourne St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 112 & 114 Sherbourne St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
