116 1/2 Sherbourne St is a 1-bathroom retail in Toronto, listed for $3,600.
1An opportunity to establish or expand your business presence in downtown Toronto.
2Offering approximately 900 sq. ft. of main-floor retail space with high ceilings, the premises feature a main retail area and rear storage room, complemented by additional basement storage and staff space.
3A private washroom, rear exit, and rear laneway access provide added convenience for day-to-day operations.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bath Commercial Property in Toronto
About 116 1/2 Sherbourne Street
An opportunity to establish or expand your business presence in downtown Toronto. Positioned among residential condominiums and mixed-use buildings, this ground-floor retail space offers street-level visibility, convenient access to public transit, and a practical setting for entrepreneurs, independent retailers, and established businesses alike. Offering approximately 900 sq. ft. of main-floor retail space with high ceilings, the premises feature a main retail area and rear storage room, complemented by additional basement storage and staff space. A private washroom, rear exit, and rear laneway access provide added convenience for day-to-day operations. With approximately 13.5 feet of street frontage and consistent pedestrian and vehicle traffic in the surrounding area, the property offers an opportunity for businesses looking to establish a physical presence and connect with the local community. Whether launching a new venture or expanding an existing operation, this space offers a foundation for your next chapter. Offered at $3,600 per month gross, inclusive of realty taxes, maintenance, and insurance. Hydroand applicable HST are additional. Vacant and available for immediate occupancy.
Toronto retail priced at $3,600 — book a tour to see if it fits your search.
Inside 116 1/2 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
116 1/2 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® C14131208$3,600
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 116 1/2 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 116 1/2 Sherbourne St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Sherbourne Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 116 1/2 Sherbourne St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 116 1/2 Sherbourne St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,299Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
116 1/2 Sherbourne St is listed at $3,600 (MLS® C14131208). Summitly updates the price as soon as the MLS® record changes.
Has the price of 116 1/2 Sherbourne St changed?
No — 116 1/2 Sherbourne St is still listed at its original asking price of $3,600.
How many bedrooms and bathrooms does 116 1/2 Sherbourne St have?
116 1/2 Sherbourne St has 1 bathroom. It is a commercial property in Toronto.
Is 116 1/2 Sherbourne St close to transit?
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 850 m (about a 11-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 116 1/2 Sherbourne St compare with other homes in Toronto?
Its asking price of $3,600 is about 100% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 116 1/2 Sherbourne St been sold before?
Summitly has no earlier MLS® sale or lease of 116 1/2 Sherbourne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116 1/2 Sherbourne St?
116 1/2 Sherbourne St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116 1/2 Sherbourne St been on the market?
2 days — 116 1/2 Sherbourne St was listed on October 28, 2026.
What is the land transfer tax on 116 1/2 Sherbourne St?
About $36 at the asking price of $3,600: $18 Ontario land transfer tax plus $18 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 116 1/2 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 116 1/2 Sherbourne St?
The listing for 116 1/2 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 116 1/2 Sherbourne St built?
The listing for 116 1/2 Sherbourne St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
