186-188 Strachan Ave is a commercial in Toronto, listed for $4,450,000.
1That yellow brick building you've always admired at 186-188 Strachan is officially on the market.
2The property features an approximate 5,000 sq. ft. two-storey mixed-use commercial building situated on a 52.95 ft x 65.39 ft lot with approximately 3,462sq. ft. of site area.
3Currently used as one retail space and with two office spaces above.
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Commercial Property in Toronto
About 186-188 Strachan Avenue
That yellow brick building you've always admired at 186-188 Strachan is officially on the market. The selling of this coveted building presents a rare opportunity to acquire a prominent mixed-use commercial property in one of Toronto's most desirable urban neighbourhoods. Located just South of Queen Street West & steps from the Gates of Trinity Bellwoods Park, the property benefits from exceptional exposure, flexible CR3 zoning, & strong appeal to investors, owner-users, & developers alike. The property features an approximate 5,000 sq. ft. two-storey mixed-use commercial building situated on a 52.95 ft x 65.39 ft lot with approximately 3,462sq. ft. of site area. Currently used as one retail space and with two office spaces above. Positioned within the highly sought-after Queen West/Trinity Bellwoods corridor, the area is surrounded by busy retail, hospitality, residential, and creative commercial uses, with excellent connectivity to the downtown core, King West, Liberty Village, and Ossington districts. Ideal for investors seeking stable long-term income from a mixed-use asset with retail and upper-floor commercial or studio leasing potential. The property also offers an exceptional opportunity for owner-users, including creative office, hospitality, wellness, fitness, design studio, and boutique retail operators seeking flagship space with operational flexibility in a high-profile urban location. Flexible CR3 zoning further supports long-term intensification and adaptive reuse potential, adding significant value for redevelopment-minded purchasers. Exceptional opportunity for repositioning, long-term growth, and value appreciation in one of Toronto's most dynamic commercial and residential areas. Currently vacant except for one of the upper Architect's office that is on a month to month lease.See attached feature sheet.
Toronto commercial priced at $4,450,000 — book a tour to see if it fits your search.
Inside 186-188 Strachan Ave
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
3462.4
Listing & possession
Property class
Store W Apt/Office
186-188 Strachan Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13768688$4,450,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 186-188 Strachan Ave 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.
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How long is your commute?
From 186-188 Strachan Ave. 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.
Similar homes for sale nearby in Toronto
Other 2–5 bed homes for sale in Toronto around $4.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5185.0%On average, homes sold at or above asking.
Active listings12,092Homes for sale here right now.
Median vs prior 90 days−0.2%Compared with May 8 – Aug 6, 2026: prices down.
Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
186-188 Strachan Ave is listed at $4,450,000 (MLS® C13768688). Summitly updates the price as soon as the MLS® record changes.
Has the price of 186-188 Strachan Ave changed?
No — 186-188 Strachan Ave is still listed at its original asking price of $4,450,000.
How many bedrooms and bathrooms does 186-188 Strachan Ave have?
The listing for 186-188 Strachan Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 186-188 Strachan Ave close to transit?
The nearest rapid-transit station is Exhibition GO Station (Lakeshore West GO), about 990 m (about a 12-minute walk) in a straight line. Osgoode Station is about 2.3 km, and St. Andrew Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 186-188 Strachan Ave compare with other homes in Toronto?
Its asking price of $4,450,000 is about 430% above the median sold price in Toronto over the last 90 days, $840,000, across 9,142 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 186-188 Strachan Ave been sold before?
Summitly has no earlier MLS® sale or lease of 186-188 Strachan Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 186-188 Strachan Ave?
186-188 Strachan Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 186-188 Strachan Ave been on the market?
55 days — 186-188 Strachan Ave was listed on September 10, 2026.
What is the land transfer tax on 186-188 Strachan Ave?
About $227,725 at the asking price of $4,450,000: $97,725 Ontario land transfer tax plus $130,000 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 186-188 Strachan Ave 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 186-188 Strachan Ave?
The listing for 186-188 Strachan Ave 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 186-188 Strachan Ave built?
The listing for 186-188 Strachan Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
