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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 640 Yonge Street
Rare opportunity to acquire a mixed-use building on Yonge Street near Wellesley. The property features a ground-floor retail unit with excellent street exposure and two self-contained residential apartments, including one 1-bedroom and one 3-bedroom unit.Located in a high-demand downtown Toronto neighbourhood with strong pedestrian traffic, transit access, and excellent rental appeal. An ideal income-producing asset for investors or owner-operators.
Toronto retail priced at $2,500,000 — book a tour to see if it fits your search.
Inside 640 Yonge 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
640 Yonge St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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 ratio4931.9%On average, homes sold at or above asking.
Active listings12,239Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
640 Yonge St is listed at $2,500,000 (MLS® C13247254). Summitly updates the price as soon as the MLS® record changes.
Has the price of 640 Yonge St changed?
Yes — it was first listed at $2,850,000 and is now $2,500,000, a drop of $350,000 (12.3%).
How many bedrooms and bathrooms does 640 Yonge St have?
The listing for 640 Yonge St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 640 Yonge St close to transit?
The nearest rapid-transit station is Wellesley Station (Line 1), about 170 m (about a 2-minute walk) in a straight line. Bloor-Yonge Station is about 480 m (about a 6-minute walk), and Bay Station is about 570 m (about a 7-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 640 Yonge St compare with other homes in Toronto?
Its asking price of $2,500,000 is about 196% above the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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 640 Yonge St been sold before?
Summitly has no earlier MLS® sale or lease of 640 Yonge St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 640 Yonge St?
640 Yonge St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 640 Yonge St been on the market?
142 days — 640 Yonge St was listed on June 5, 2026.
What is the land transfer tax on 640 Yonge St?
About $97,950 at the asking price of $2,500,000: $48,975 Ontario land transfer tax plus $48,975 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 640 Yonge 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 640 Yonge St?
The listing for 640 Yonge 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 640 Yonge St built?
The listing for 640 Yonge St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.