Exceptional investment opportunity along Yonge Street corridor in North York. 4854 Yonge Street is strategically positioned steps away from Sheppard - Yonge Subway Station in one of Toronto's most high-demand commercial nodes. This property boasts unparalleled exposure on Yonge Street, consistent pedestrian & vehicular traffic, Green P parking at the back and immediate proximity to TTC subway access. Surrounded by dense high-rise residential development, established retail, professional services, cuisines of the world at its doorstep, the area continues to attract users seeking transit-oriented locations. With flexible CR zoning and strong underlying land value, the asset provides multiple investment angles, including stable income generation, future rent growth, and potential redevelopment or repositioning upside. The surrounding neighbourhood's ongoing intensification and limited supply of well-located commercial properties further support long-term appreciation. The building boasts 2 storeys plus a roof top patio with The Frog and Firkin as a long standing commercial tenant.