Toronto Office/Medical, Retail for Lease - Midtown
The Gloucester on Yonge at 591 Yonge Street, offers a premier opportunity to lease flexible retail, office, and medical space within a modern, high-profile mixed-use development on one of Toronto’s most prominent commercial corridors.
The offering includes street-level retail and second-level medical/professional office space, with a mix of fully built-out and shell configurations that allow tenants to reimagine space to suit operational needs. Highlights include direct access to Wellesley TTC Subway Station, secured underground commercial parking stalls, floor-to-ceiling windows, exceptional ceiling heights, and abundant natural light. The Gloucester on Yonge supports a wide range of uses, including food and medical concepts, with flexible demising and innovative building systems that elevate the tenant experience.
Street-level retail units start at 2,371 square feet, featuring up to 21-foot finished ceilings, ability to accommodate kitchen exhaust and venting and strong visibility along Yonge Street. The second-level medical and office suites range from 2,844 to 2,875 square feet, with up to 17-foot finished ceilings, city views, and the Innovative Concord BioSpace air filtration system, making the space particularly well suited for healthcare and wellness users.
Situated just 500 metres south of Yonge and Bloor, The Gloucester on Yonge benefits from one of Toronto’s most dynamic and transit-rich neighbourhoods. Yonge Street is a historic and highly trafficked commercial spine, delivering unparalleled visibility and access. The Gloucester on Yonge is an 8-minute drive to the Don Valley Parkway, approximately 14 minutes to Billy Bishop Toronto City Airport, and 28 minutes to Toronto Pearson International Airport. The immediate area offers exceptional walkability, with nearby retailers including Tim Hortons, RBC, Dollarama, and proximity to luxury brands such as Gucci, Louis Vuitton, and Hermès.
The surrounding mixed-use residential environment includes over 500 residential units on-site and serves a population of more than 85,000 residents within one kilometre, with an average household income of $121,965, plus an additional 130,000 daytime employees. The location also draws from a highly educated workforce, with 68% holding university degrees, and sits within blocks of the University of Toronto and Toronto Metropolitan University. The Gloucester on Yonge delivers a prime leasing opportunity for retailers, medical users, and professional services seeking long-term growth in Toronto’s urban core.