1242 Yonge Street
Yonge-St. ClairToronto, ONM4T 1W5Near Yonge St & Summerhill Ave
- 1700 sqft
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
1242 Yonge Street, occupied by Waxon since 2012, is being offered for sale and presents an opportunity to acquire a well-located retail investment in the heart of Summerhill. The property is leased to a long-standing tenant that has recently executed a new long-term lease, providing stable and predictable income. Positioned on a prominent corner at Yonge Street and Walker Avenue, the property benefits from strong pedestrian traffic, direct access to Summerhill Subway Station, and close proximity to Yorkville, Rosedale, and the Yonge/Bloor corridor. The surrounding area is characterized by affluent residential neighbourhoods, established retail amenities, and ongoing residential intensification, supporting the long-term fundamentals of the location. Opportunities to acquire corner retail properties with newly renewed long-term tenancy along this stretch of Yonge Street are infrequent, making 1242 Yonge Street a noteworthy offering within one of Toronto's most established retail corridors.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Compact 0-bedroom layout — best for individuals, couples, or investors, works out to roughly $1,053 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this commercial retail fits your budget and timing.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jun 15, 2026 | ListedCurrent | For sale | $1,790,000 | — | C13446128 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
3- Heating
- Gas Forced Air Open
- Air conditioning
- Partial
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Toronto market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Toronto market right now
Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.
- Avg sold price$1,103,613Last 30 days
- Median sold price$868,241Middle of the market
- Days on market28 dAvg from list to close
- Closed last 30d6,731MLS® transactions
We'll get you into 1242 Yonge Street — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1242 Yonge Street and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 1242 Yonge Street listed for?
1242 Yonge Street is listed at $1,790,000 on the MLS® (listing C13446128). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 1242 Yonge Street have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.
