3263 Yonge St

3263 Yonge Street is a fully occupied three-storey mixed-use building at Yonge and Lawrence, with one ground-floor commercial unit and four residential apartments above. Total leasable area is 4,777 SF: 1,859 SF of commercial at grade, 2,768 SF of residential across four suites, and a 150 SF third-floor office, on a 19.75 x 136 ft lot zoned CR 3.0 with two parking spaces at the rear. The commercial unit is leased to Gabby’s Roadhouse at $47.00/SF, stepping to $49.00/SF in February 2028, with the term running to January 2031 and an option to 2036. The four apartments rent at $5,161 per month combined against an estimated $8,900 at market. Current NOI is $134,836, a 4.62% cap rate at the $2,920,000 list price and 6.15% at market rents. A short walk to Lawrence subway station. Offering memorandum available.