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Shops On Yonge 7181 Yonge St 647 - 1,308 SF of Retail Space Available in Markham, ON L4J 8J2
Highlights
- Situated within the acclaimed World on Yonge complex featuring retail, residential, office, and hospitality components.
- Excellent connectivity to Yonge Street, Steeles Avenue, and major highways, plus ample underground and visitor parking.
- High foot traffic environment supported by on-site residential towers, office spaces, and hotel accommodations.
- Fully finished retail unit with private washroom, ready for immediate occupancy.
- Close proximity to public transit and the planned TTC subway extension, enhancing accessibility for customers.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 13 | 661 SF | Negotiable | $63.54 CAD/SF/YR $5.30 CAD/SF/MO $42,000 CAD/YR $3,500 CAD/MO | Full Service | ||
| 1st Floor, Ste 18 | 647 SF | Negotiable | $64.91 CAD/SF/YR $5.41 CAD/SF/MO $41,997 CAD/YR $3,500 CAD/MO | Full Service |
1st Floor, Ste 13
Located in the vibrant Shops on Yonge development, Unit 13 offers a fully finished retail condominium perfectly suited for a variety of businesses. Part of the renowned World on Yonge mixed-use complex, the property benefits from a built-in customer base with direct connectivity to four residential towers, offices, and a hotel. This unit features its own washroom, contemporary finishes, and a functional layout designed for retail or service uses.
- Rate includes utilities, building services and property expenses
1st Floor, Ste 18
Located in the vibrant Shops on Yonge development, Unit 13 offers a fully finished retail condominium perfectly suited for a variety of businesses. Part of the renowned World on Yonge mixed-use complex, the property benefits from a built-in customer base with direct connectivity to four residential towers, offices, and a hotel. This unit features its own washroom, contemporary finishes, and a functional layout designed for retail or service uses.
- Rate includes utilities, building services and property expenses
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 Shops On Yonge
- Tenant
- Description
- CAN Locations
- Reach
- Bbb spa
- -
- 1
- -
- Discount Car Rental
- Retailer
- 1
- -
- Drapery depot canada
- -
- 1
- -
- Herald group
- -
- 1
- -
- Nailism&Lume
- -
- 1
- -
- Seasons Foodmart
- Supermarket
- 2
- Local
| Tenant | Description | CAN Locations | Reach |
| Bbb spa | - | 1 | - |
| Discount Car Rental | Retailer | 1 | - |
| Drapery depot canada | - | 1 | - |
| Herald group | - | 1 | - |
| Nailism&Lume | - | 1 | - |
| Seasons Foodmart | Supermarket | 2 | Local |
Property Facts
| Total Space Available | 1,308 SF | Gross Leasable Area | 349,456 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Freestanding | Parking Ratio | 6/1,000 SF |
| Total Space Available | 1,308 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 349,456 SF |
| Year Built | 2013 |
| Parking Ratio | 6/1,000 SF |
About the Property
The property is a retail condominium located at 7181 Yonge Street in Markham. It is part of a mixed-use development known as World on Yonge, which includes residential, retail, and commercial components. The complex provides connectivity to surrounding transportation routes including Yonge Street and Steeles Avenue and features underground parking. The retail condominium units are designed for commercial use within an enclosed shopping atmosphere and are supported by neighboring office and hospitality facilities.
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Food Court
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- On-Site Security Staff
Nearby Major Retailers
Presented by
Shops On Yonge | 7181 Yonge St
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