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Commercial Property in Toronto
About 112 Sherbourne Street
Prime commercial leasing opportunity in the heart of downtown Toronto! Located on high-traffic Sherbourne Street, this versatile commercial building offers excellent street exposure, strong pedestrian and vehicle traffic, and flexible layout options suitable for retail, office, medical, studio, or service-based businesses. Steps to TTC, residential towers, and major amenities. Surrounded by ongoing redevelopment and dense urban population. A rare opportunity to establish your business in a rapidly growing downtown corridor.
Toronto retail priced at $50 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 112 Sherbourne St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
112 Sherbourne St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12820548$50
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 112 Sherbourne St Compares to the Toronto Market
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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 112 Sherbourne St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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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.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4967.5%On average, homes sold at or above asking.
Active listings12,581Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 9,551 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
112 Sherbourne St is listed at $50 (MLS® C12820548). Summitly updates the price as soon as the MLS® record changes.
Has the price of 112 Sherbourne St changed?
No — 112 Sherbourne St is still listed at its original asking price of $50.
How many bedrooms and bathrooms does 112 Sherbourne St have?
The listing for 112 Sherbourne St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 112 Sherbourne St close to transit?
The nearest rapid-transit station is Queen Station (Line 1), about 800 m (about a 10-minute walk) in a straight line. King Station is about 830 m (about a 10-minute walk), and TMU Station is about 980 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 112 Sherbourne St compare with other homes in Toronto?
Its asking price of $50 is about 100% below the median sold price in Toronto over the last 90 days, $850,000, across 9,551 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.
Has 112 Sherbourne St been sold before?
Summitly has no earlier MLS® sale or lease of 112 Sherbourne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 112 Sherbourne St?
112 Sherbourne St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 112 Sherbourne St been on the market?
226 days — 112 Sherbourne St was listed on February 25, 2026.
What is the land transfer tax on 112 Sherbourne St?
About $1 at the asking price of $50: $0 Ontario land transfer tax plus $0 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.
How do I book a viewing of 112 Sherbourne St or make an offer?
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.
What is the property tax for 112 Sherbourne St?
The listing for 112 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.
When was 112 Sherbourne St built?
The listing for 112 Sherbourne St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.