1556 Avenue Rd is a retail in Toronto, listed for $2,200,000.
1Exceptional west side exposure with strong daily traffic and excellent visibility.
2Large front display window provides outstanding street presence and natural light.Approximately 1,200 sq ft of main floor retail space plus 776 sq ft basement.
3Convenient access to Highway 401 and public transit.
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Commercial Property in Toronto
About 1556 Avenue Road
Prime retail opportunity on busy Avenue Road just north of Lawrence in one of Toronto's most established commercial corridors. Exceptional west side exposure with strong daily traffic and excellent visibility. Large front display window provides outstanding street presence and natural light.Approximately 1,200 sq ft of main floor retail space plus 776 sq ft basement. High main floor ceilings create an open, flexible layout suitable for a variety of uses including retail, professional office, or medical services. Basement includes two washrooms and additional storage or workspace.Located in a rapidly evolving area with nearby and upcoming condominium developments bringing continued residential density and customer traffic to the corridor.Very clean space available immediately. Convenient access to Highway 401 and public transit. One parking space included at the rear of the building. Property now legally severed.
Toronto retail priced at $2,200,000 — book a tour to see if it fits your search.
Inside 1556 Avenue Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
1556 Avenue Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12867292$2,200,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1556 Avenue Rd 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.
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 ratio5192.3%On average, homes sold at or above asking.
Active listings11,710Homes for sale here right now.
Median vs prior 90 days+0.5%Compared with May 11 – Aug 9, 2026: prices up.
Based on 9,129 sales from Aug 9 – Nov 7, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1556 Avenue Rd is listed at $2,200,000 (MLS® C12867292). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1556 Avenue Rd changed?
No — 1556 Avenue Rd is still listed at its original asking price of $2,200,000.
How many bedrooms and bathrooms does 1556 Avenue Rd have?
The listing for 1556 Avenue Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 1556 Avenue Rd close to transit?
The nearest rapid-transit station is Lawrence Station (Line 1), about 1.2 km (about a 15-minute walk) in a straight line. Avenue Station is about 2.2 km, and Chaplin Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1556 Avenue Rd compare with other homes in Toronto?
Its asking price of $2,200,000 is about 161% above the median sold price in Toronto over the last 90 days, $844,000, across 9,129 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 1556 Avenue Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1556 Avenue Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1556 Avenue Rd?
1556 Avenue Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1556 Avenue Rd been on the market?
243 days — 1556 Avenue Rd was listed on March 9, 2026.
What is the land transfer tax on 1556 Avenue Rd?
About $82,950 at the asking price of $2,200,000: $41,475 Ontario land transfer tax plus $41,475 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.
How do I book a viewing of 1556 Avenue Rd 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 1556 Avenue Rd?
The listing for 1556 Avenue Rd 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 1556 Avenue Rd built?
The listing for 1556 Avenue Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.