Unit B - 2nd floor - 26 Alexander Street, Toronto, ON M4Y 1B4
Church-Yonge Corridor, Toronto · Near Yonge & Carlton · View map
About this home
A Distinctive Second-Floor Space for Café, Dessert, or Event Concepts. Minimal Setup required. An established Turkish/Mediterranean restaurant in downtown Toronto is seeking a complementary business to occupy its second-floor space, offering an exciting opportunity for an independent operator to establish a presence in a unique setting. Set within a remarkable 19th-century building, the space offers a special blend of character and charm, with a touch of old-world elegance that gives it an atmosphere of its own. This inviting second-floor space presents a rare opportunity to create something distinctive alongside an established restaurant. The Opportunity: A separate upstairs space for independent operation, with shared washroom facilities and potential for collaborative marketing. Flexible lease, revenue-sharing, or partnership arrangements are open for discussion. Café, Dessert, or Specialty Beverage Concept: Ideal for a specialty coffee shop, bakery, dessert boutique, or bubble tea brand looking to establish a downtown presence. Create the perfect pairing with an established Turkish/Mediterranean restaurant downstairs, with opportunities for shared clientele, cross promotion and mutual growth. Events & Entertainment Concept: Perfect for comedy nights, cultural events, private gatherings, workshops, art shows and pop ups. Bring your audience and ideas, while the restaurant can support your events with food and catering. Seeking an established brand or creative entrepreneur with their own clientele and a concept that complements the restaurant. An opportunity to create something special in a distinctive downtown setting.
The home
- Type
- Commercial retail
- Square footage
- 910 sq ft
- Bathrooms
- 2
- Lot size
- 28.9 x 135.3 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Partial
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $54,621/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Yonge & Carlton
- Neighbourhood
- Church-Yonge Corridor
More
- MLS® number
- C14155230
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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.
26 Alexander Street, Toronto, ON M4Y 1B4
Church-Yonge Corridor, Toronto · Near Yonge & Carlton
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Listing history for 26 Alexander 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 Unit B - 2nd floor - 26 Alexander Street
Answers come straight from this home’s MLS® listing.
How much is Unit B - 2nd floor - 26 Alexander Street listed for, and what would it cost each month?
Unit B - 2nd floor - 26 Alexander Street is listed for $8,000. With 20% down ($1,600), the mortgage payment would be roughly $32 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,584 a month, all in. That figure is an illustration, not a quote.
Is Unit B - 2nd floor - 26 Alexander Street freehold or a condo, and is there a monthly fee?
Unit B - 2nd floor - 26 Alexander Street is a commercial retail in Church-Yonge Corridor, 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 Unit B - 2nd floor - 26 Alexander 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 Unit B - 2nd floor - 26 Alexander Street?
Unit B - 2nd floor - 26 Alexander Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is Unit B - 2nd floor - 26 Alexander Street, and what is the lot size?
The lot is listed as 28.9 x 135.3 ft.
How is Unit B - 2nd floor - 26 Alexander Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for Unit B - 2nd floor - 26 Alexander Street?
Property taxes are $54,621 a year (2026), or about $4,552 a month.
Where is Unit B - 2nd floor - 26 Alexander Street?
Unit B - 2nd floor - 26 Alexander Street is in the Church-Yonge Corridor community of Toronto. The nearest main intersection is Yonge & Carlton. The postal code is M4Y 1B4.
Is Unit B - 2nd floor - 26 Alexander Street still for sale?
Yes. It is an active listing (MLS® C14155230). Listings here update from the board through the day and come down once a home sells.
What are similar properties near Unit B - 2nd floor - 26 Alexander Street asking?
Similar properties for sale nearby right now include 501 - 36 Lombard Street at $6,400, 609 Church Street at $6,000 and 2-100 - 8 Wellesley Street W at $8,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 26 Alexander 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 Unit B - 2nd floor - 26 Alexander 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.
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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.