Commercial Real Estate in Church-Yonge Corridor available for sale
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More details for 501 Yonge St, Toronto, ON - Multifamily for Sale

Teahouse Condominiums - 501 Yonge St

Toronto, ON M4Y 1Y4

  • Retail for Sale
  • $18,975,000 CAD
  • 26,548 SF
  • 1 Unit Available
  • Fitness Center
  • Controlled Access

Toronto Multifamily for Sale - Downtown North

CBRE is pleased to present a rare opportunity to acquire 501 Yonge Street, a full city block of prime retail space in the podium of Teahouse Condominiums, located in the heart of Toronto’s Downtown Yonge corridor. This high-profile property offers exceptional frontage along Yonge Street between Maitland and Alexander Streets, delivering unparalleled visibility in one of Canada’s most dynamic urban markets. The asset is fully leased to a curated mix of 10 reputable tenants, including national brands and strong local operators such as Fit4Less, Firehouse Subs, HeyTea, and Me Va Me. With units designed for food uses and robust contractual rent escalations, investors benefit from secure, diversified cash flow and long-term income stability. The property’s strategic positioning near Toronto Metropolitan University, Yonge-Dundas Square, and the Eaton Centre ensures consistent foot traffic and sustained demand. Connectivity is unmatched, with Wellesley and College subway stations just steps away and multiple streetcar lines nearby. The surrounding area is experiencing exponential growth, with over 21,000 new residential units planned or under construction along the Yonge corridor, reinforcing the property’s future upside. This offering represents a rare chance to own a trophy retail asset in a market characterized by strong fundamentals, high barriers to entry, and enduring appeal.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2025-11-25
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More details for 89 Church St, Toronto, ON - Multifamily for Sale

The Saint - 89 Church St

Toronto, ON M5C 2G3

  • Retail for Sale
  • $650,000 CAD
  • 613 SF
  • 1 Unit Available
  • Air Conditioning
  • Bicycle Storage
  • Car Charging Station
  • Fitness Center
  • Kitchen

Toronto Multifamily for Sale - Downtown East

Own a prime retail asset in the heart of downtown Toronto at 89 Church Street, a rare opportunity located at the base of the newly built The Saint Condos by Minto. Positioned steps from Toronto’s most iconic destinations—including the Eaton Centre, Yonge-Dundas Square, St. Lawrence Market, and the Financial Core—the property benefits from exceptional pedestrian traffic and proximity to major transit routes. Queen subway station is just a short walk away, and easy access to the Gardiner Expressway ensures connectivity across the city. The surrounding area is experiencing explosive growth, with over 8,700 new residential units under construction within 0.5 km, guaranteeing a steady influx of customers and long-term demand. Delivered vacant and ready for immediate possession, this property is ideal for investors seeking a high-demand leasing opportunity or owner-users looking to establish a flagship presence in one of Toronto’s most dynamic neighborhoods. With dedicated loading and garbage facilities, plus a location anchored by dense urban activity, 89 Church Street represents a strategic investment in a thriving retail corridor.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-11-24
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