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662 Yonge St 1,546 SF of Retail Space Available in Toronto, ON M4Y 2A6
Highlights
- Excellent street frontage in a high-density, high foot traffic corridor.
- Flexible space suitable for retail, service, or boutique operations.
- Located in a rapidly growing urban node with more than 21,000 new residential units planned.
- Immediate access to Bloor-Yonge and Wellesley subway stations.
- Surrounded by national and local tenant mix creating consistent draw.
- Within walking distance of Yonge-Dundas Square and Toronto Eaton Centre.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,546 SF | Negotiable | $62.00 CAD/SF/YR $5.17 CAD/SF/MO $95,852 CAD/YR $7,988 CAD/MO | Full Service |
1st Floor
Situated in the vibrant Downtown Yonge corridor, 662 Yonge Street presents a sought-after retail opportunity in one of Toronto’s most active pedestrian and transit hubs. This property features excellent street frontage and visibility along a high-traffic retail corridor connecting Bloor Street to Dundas Square. Its location within steps of the Bloor-Yonge and Wellesley subway stations ensures exceptional accessibility for both local shoppers and destination visitors. The building offers 1,546 square feet of retail space plus a basement, allowing for flexible merchandising layouts. Its open configuration and adaptable design accommodate a range of potential uses, including retail, boutique concepts, service providers, or specialty operators. The surrounding area is anchored by diverse retailers, popular food destinations, and leading national chains such as Neo Coffee Bar, Popeye’s Chicken, Hone Fitness, and Shoppers Drug Mart. Downtown Yonge continues to experience rapid residential and commercial growth, with over 21,000 condominium units under construction or planned along the corridor. This thriving environment, complemented by strong tourism activity near Yonge-Dundas Square and the Eaton Centre, creates a dynamic market for businesses seeking exposure in Toronto’s core retail district.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Monthly gross rent: $8,000
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 662 Yonge St, Toronto, ON M4Y 2A6
- Tenant
- Description
- CAN Locations
- Reach
- ABC Books
- Retailer
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| ABC Books | Retailer | 1 | Local |
Property Facts
| Total Space Available | 1,546 SF | Gross Leasable Area | 2,750 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,546 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,750 SF |
| Year Built | 1946 |
About the Property
The property is located on Yonge Street between Bloor Street and Dundas Square in downtown Toronto. It provides frontage on a major commercial corridor with access to two nearby subway stations: Bloor-Yonge and Wellesley. The surrounding area includes retail, dining, and service-oriented businesses. Large-scale residential developments totaling over 21,000 units are under construction or proposed in the immediate area.
- Bus Line
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
662 Yonge St
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