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For Lease

420 Royal York Road

Mimico, Toronto, ON
$3,300
0Bd
0Ba
sqft
31.89 x 120 ftlot
CommercialMLS# W13035532Listed 2026-04-2366 DOM

On the market for 66 days — longer than average. The seller may be open to negotiation.

About this home

Discover this versatile commercial space available for lease at 420 Royal York Road in the heart of Mimico Village, a vibrant and growing neighbourhood along Toronto's bustling Royal York Road corridor. Situated at Royal York and Evans, the property enjoys high foot traffic, proximity to Mimico GO Station, and easy access to TTC routes and major highways like the QEW and Gardiner Expressway. Nestled in a thriving retail strip surrounded by popular local favourites such as Sanremo Bakery, Jimmy's Coffee, and more, it offers exceptional visibility and community appeal. The space supports diverse uses including retail shops, professional services like salons or offices, studios, or creative ventures. Ideal for businesses seeking exposure in an area with ongoing development, strong demand, and proven retail success, this turnkey opportunity promises growth potential. The unit is 1980 sq feet, split as 960 retail on the ground floor and 1015 in the basement.

Features

  • No

Financials

Annual Taxes
$0

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield909.1% – 2909.1%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market66 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$3,300
420 Royal York Road, Toronto
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