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Investment Highlights

  • Heavy foot traffic
  • Extra-wide store front
  • Prime Yonge St location with high foot traffic and extra-wide storefront
  • High density neighbourhood
  • Great transit options
  • Natural light

Executive Summary

A fantastic opportunity to buy and invest in a piece of Toronto’s iconic Yonge St. Exceptionally vibrant, historically profitable and currently under transformation, Yonge St has consistently been an excellent investment for both end users and investors alike. Supported by a strong pedestrian traffic, solid income demographics, high density neighborhoods, one of a kind street exposure and great transit options, this stretch of Yonge St is expected to continue to thrive and outperform. This 3-storey mixed use building consists of approximately 4250 sq ft of rentable area plus basement, extra wide frontage of 25’ and a total lot size of 1927 sq ft. Situated in Toronto’s “Mixed Use” Official plan area this building has a favorable CR (Commercial Residential)zoning which permits a broad range of use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,250 SF
Building Class
B
Year Built
1900
Price
$5,900,000 CAD
Price Per SF
$1,388.24 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
8’
Building FAR
2.99
Lot Size
0.03 AC
Zoning
CR - Commercial Residential (C2.0 An R3.0)
Frontage
25’ on Yonge St

Amenities

  • Bus Line
  • Signalized Intersection
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Fit 4 Less
Tim Hortons
Second Cup Cafe
Rabba Fine Foods
Scotiabank
TD Bank
Royal Bank of Canada
BMO
freshii
Hero Certified Burgers
  • Listing ID: 27498106

  • Date on Market: 2023-01-12

  • Last Updated:

  • Address: 574-576 Yonge St, Toronto, ON M4Y 1J6

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