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5171 Yonge St 2,486 SF 100% Leased Retail Building Toronto, ON M2N 5P5 $8,647,533 USD ($3,478.49 USD/SF)
Executive Summary
A rare opportunity to acquire a fully tenanted commercial office and retail building on a high-profile site along Yonge Street, in the heart of North York Centre. The property is identified under the revised North York Centre Secondary Plan as potentially eligible for development of up to 65 storeys, making it one of the few remaining sites in the area suitable for significant high-density, mixed-use redevelopment.
KEY ATTRIBUTES
STRATEGIC LOCATION WITH DIRECT TRANSIT ACCESS
Located steps from North York Centre Subway Station, North York Civic Centre, and the Toronto Central Library, the site offers seamless integration into Toronto's public transit network. It is also within minutes of Highway 401, facilitating access for both regional and citywide commuters. The area functions as Toronto's largest employment node outside the downtown core, supporting both commercial and residential intensification.
REDEVELOPMENT COMPATIBILITY
The property at 5169 & 5171 Yonge St. is situated within a section of Yonge Street already surrounded by high-rise residential buildings, Class-A office towers, and major retail developments, making it an ideal candidate for additional density in line with the City of Toronto's growth and intensification objectives.
INCOME-PRODUCING ASSET WITH INTERIM VALUE
The existing structure is fully leased to a mix of long-standing commercial and professional tenants, providing reliable holding income during the planning and development process. The property includes 11 on-site parking spaces, with ample public and street parking available in the immediate vicinity.
SCARCE REDEVELOPMENT INVENTORY IN CORE LOCATION
Most comparable sites in the area have already been developed, making this property one of the last large-scale parcels along this stretch of Yonge Street, offering a unique opportunity for long-term strategic development.
Address: 5169 and 5171 Yonge St, Toronto
Price: $11,888,888
Please call listing agents Anzi or Ann for any questions and showings. Please do not contact tenants directly. Thank you for your interest.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
The brand Haidilao was founded in 1994. With over 20 years of development, Haidilao International Holding Ltd. has become a world-renowned catering enterprise. By the end of June 30, 2021 ,Haidilao has chain restaurants in China, Singapore, U.S., South Korea, Japan, Canada ,the United Kingdom, Malaysia , Vietnam,Indonesia and Australia. Over the years, Haidilao has withstood the challenges of the market as well as customers, and has successfully forged a quality hot pot brand which has earned a reputation for itself. Haidilao combines kinds of characteristics of hot pot in many places of China. As a large-scale chain catering enterprise with operations all over the world, Haidilao adheres to integrity in business. It gives the highest priority to continuously improving the quality and safety of its food products, providing more thoughtful services to its customers while delivering healthier, safer and more nutritious food.
- Shawarma Max
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - | ||
| Shawarma Max | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,200 SF | Retail | - | Jun 2026 |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jun 2026 |
1st Floor
| Size | 1,200 SF |
| Space Use | Retail |
| Position | - |
| Available | Jun 2026 |
Nearby Major Retailers
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5171 Yonge St
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