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Highlights

  • Prime frontage on busy Yonge Street
  • Steps to TTC subway, shopping, offices, and residential towers
  • Excellent street presence and signage exposure

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,200 SF
  • 5-15 Years
  • $65.46 USD/SF/YR $5.45 USD/SF/MO $78,548 USD/YR $6,546 USD/MO
  • Plus All Utilities
Space Use
Retail
Availability
June 01, 2026
  • Listed lease rate plus proportional share of utilities
  • Central Air Conditioning
  • Freezer Space
  • Basement
  • Display Window
Space Size Term Rental Rate Rent Type
1st Floor 1,200 SF 5-15 Years $65.46 USD/SF/YR $5.45 USD/SF/MO $78,548 USD/YR $6,546 USD/MO Plus All Utilities

1st Floor

Size
1,200 SF
Term
5-15 Years
Rental Rate
$65.46 USD/SF/YR $5.45 USD/SF/MO $78,548 USD/YR $6,546 USD/MO
Rent Type
Plus All Utilities
Space Use
Retail
Availability
June 01, 2026

  • Listed lease rate plus proportional share of utilities
  • Central Air Conditioning
  • Freezer Space
  • Basement
  • Display Window

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 5171 Yonge St, Toronto, ON M2N 5P5

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Haidilao
  • Restaurant
  • 9
  • International
  • Puffs Haven
  • Tobacco
  • 1
  • -
  • Shawarma Max
  • Restaurant
  • 1
  • -
Tenant Description CAN Locations Reach
Haidilao Restaurant 9 International
Puffs Haven Tobacco 1 -
Shawarma Max Restaurant 1 -

Property Facts

Total Space Available 1,200 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 2,486 SF
Year Built 1950

About the Property

Prime Retail Space at Yonge & North York Centre For Lease! Rare opportunity to lease a prime main-floor restaurant space in the heart of North York - Yonge & North York Center! — one of Toronto’s busiest and most prestigious commercial destinations. This highly visible location offers exceptional pedestrian and vehicular exposure, surrounded by dense residential condos, major office towers, retail destinations, and established businesses. Direct TTC subway access and proximity to Highway 401 provide unmatched convenience and accessibility for customers. Why This Location Stands Out - Prime frontage on busy Yonge Street - Excellent street presence and signage exposure - Located in Toronto’s largest employment hub outside downtown - Steps to TTC subway, shopping, offices, and residential towers - Minutes to Highway 401 for convenient city-wide access - Strong daytime, evening, and late night customer base Property Features - Approx. 1,200 SF – Functional and efficient layout - Main floor retail restaurant space - Includes 2 dedicated parking spots - Ample public parking available at rear, side lots, and street parking - Excellent accessibility and customer convenience Lease Details ?? 5171 Yonge St – Main Floor, Toronto ?? Size: 1,200 SF ?? Net Rent: $9,000/month ?? TMI: $3,800/month (TMI Includes approximately $400/month water usage) An exceptional opportunity in one of North York’s most dynamic commercial locations. (Please call listing agents Anzi or Ann for any questions or to arrange a showing. Please do not contact tenants directly. ) Thank you for your interest. We look forward to speaking with you soon.

Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

F45 Training
Fit 4 Less
Tim Hortons
Starbucks
Coffee Time
Second Cup Cafe
Loblaw
Royal Bank of Canada
Scotiabank
BMO
  • Listing ID: 40600903

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 5171 Yonge St, Toronto, ON M2N 5P5

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