116 1/2 Sherbourne Street, Toronto, ON M5A 2R2
Moss Park, Toronto · Near Sherbourne St. & Richmond St. · View map
About this home
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.
The home
- Type
- Commercial retail
- Square footage
- 900 sq ft
- Bathrooms
- 1
- Lot size
- 13.3 x 99.6 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $18,530/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Sherbourne St. & Richmond St.
- Neighbourhood
- Moss Park
More
- MLS® number
- C14131208
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
116 1/2 Sherbourne Street, Toronto, ON M5A 2R2
Moss Park, Toronto · Near Sherbourne St. & Richmond St.
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Listing history for 116 1/2 Sherbourne Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 116 1/2 Sherbourne Street
Answers come straight from this home’s MLS® listing.
How much is 116 1/2 Sherbourne Street listed for, and what would it cost each month?
116 1/2 Sherbourne Street is listed for $3,600. With 20% down ($720), the mortgage payment would be roughly $15 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,559 a month, all in. That figure is an illustration, not a quote.
Is 116 1/2 Sherbourne Street freehold or a condo, and is there a monthly fee?
116 1/2 Sherbourne Street is a commercial retail in Moss Park, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 116 1/2 Sherbourne Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 116 1/2 Sherbourne Street?
116 1/2 Sherbourne Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 116 1/2 Sherbourne Street, and what is the lot size?
The lot is listed as 13.3 x 99.6 ft.
How is 116 1/2 Sherbourne Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 116 1/2 Sherbourne Street?
Property taxes are $18,530 a year (2025), or about $1,544 a month.
Where is 116 1/2 Sherbourne Street?
116 1/2 Sherbourne Street is in the Moss Park community of Toronto. The nearest main intersection is Sherbourne St. & Richmond St.. The postal code is M5A 2R2.
Is 116 1/2 Sherbourne Street still for sale?
Yes. It is an active listing (MLS® C14131208). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 116 1/2 Sherbourne Street asking?
Similar properties for sale nearby right now include 112 (Basement) Sherbourne Street at $4,000, 706 - 600 Sherbourne Street at $2,850 and 112 Sherbourne Street at $4,500. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 116 1/2 Sherbourne Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 116 1/2 Sherbourne Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Moss Park, picked by style, size and price.
Commercial retail$4,000112 (Basement) Sherbourne Street, TorontoWaterfront CommunitiesCourtesy of: Canadian Living Realty Inc.View home →
Office$2,850706 - 600 Sherbourne Street, Toronto1 bath · North St. James TownCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →
Commercial retail$4,500112 Sherbourne Street, TorontoWaterfront CommunitiesCourtesy of: Canadian Living Realty Inc.View home →Courtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADA
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.