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574-576 Yonge St 4,250 SF Vacant Retail Building Toronto, ON M4Y 1J6 $4,291,627 USD ($1,009.79 USD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy foot traffic
  • Extra-wide store front
  • Prime Yonge St location with high foot traffic and extra-wide storefront
  • High density neighbourhood
  • Great transit options
  • Natural light

EXECUTIVE SUMMARY

A fantastic opportunity to buy and invest in a piece of Toronto’s iconic Yonge St. Exceptionally vibrant, historically profitable and currently under transformation, Yonge St has consistently been an excellent investment for both end users and investors alike. Supported by a strong pedestrian traffic, solid income demographics, high density neighborhoods, one of a kind street exposure and great transit options, this stretch of Yonge St is expected to continue to thrive and outperform. This 3-storey mixed use building consists of approximately 4250 sq ft of rentable area plus basement, extra wide frontage of 25’ and a total lot size of 1927 sq ft. Situated in Toronto’s “Mixed Use” Official plan area this building has a favorable CR (Commercial Residential)zoning which permits a broad range of use.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,250 SF
Building Class
B
Year Built
1900
Price
$4,291,627 USD
Price Per SF
$1,009.79 USD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
8’
Building FAR
2.99
Lot Size
0.03 AC
Zoning
CR - Commercial Residential (C2.0 An R3.0)
Frontage
25’ on Yonge St

AMENITIES

  • Bus Line
  • Signalized Intersection
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (95)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

YMCA of Greater Toronto
Fit 4 Less
Tim Hortons
Second Cup Cafe
Rabba Fine Foods
BMO
Scotiabank
TD Bank
Royal Bank of Canada
freshii
  • Listing ID: 27498106

  • Date on Market: 1/12/2023

  • Last Updated:

  • Address: 574-576 Yonge St, Toronto, ON M4Y 1J6

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