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Shops On Yonge 7181 Yonge St 241 - 1,107 SF of Retail Space Available in Markham, ON L4J 8J2
Highlights
- Located within the established World on Yonge mixed-use project featuring retail, residential, office, and hotel components.
- Direct access to high-traffic areas including central courtyards and mall entrances.
- Strong on-site consumer base with approximately 1,200 condo units connected to the retail podium.
- Excellent transit connectivity and visibility near Yonge Street and Steeles Avenue with proximity to major highways and future subway access.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 276 | 295 SF | Negotiable | $43.02 USD/SF/YR $3.59 USD/SF/MO $12,691 USD/YR $1,058 USD/MO | Full Service | ||
| 1st Floor, Ste 54 | 299 SF | Negotiable | $42.64 USD/SF/YR $3.55 USD/SF/MO $12,751 USD/YR $1,063 USD/MO | Full Service | ||
| 1st Floor, Ste 89 | 272 SF | Negotiable | $43.89 USD/SF/YR $3.66 USD/SF/MO $11,939 USD/YR $994.95 USD/MO | Full Service | ||
| 2nd Floor, Ste 213 | 241 SF | Negotiable | $49.12 USD/SF/YR $4.09 USD/SF/MO $11,838 USD/YR $986.47 USD/MO | Full Service |
1st Floor, Ste 276
Situated at the prime intersection of Yonge Street and Steeles Avenue within the prestigious World on Yonge complex, this property offers a versatile retail and/or space within a vibrant multi-use environment. Boasting four residential towers, along with retail, restaurant, food court, office, and hotel components, this corner unit on the second floor presents an exceptional opportunity for retail or service-related businesses. Conveniently located near TTC, Viva, Highway 407, and the forthcoming subway extension. **EXTRAS** Thanks for showing, 24 hours notice for showings,
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
1st Floor, Ste 54
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
1st Floor, Ste 89
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
2nd Floor, Ste 213
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
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 Shops On Yonge
- Tenant
- Description
- CAN Locations
- Reach
- Goobok Dumpling House
- Accommodation and Food Services
- 1
- Local
- Natural Sense Wellness
- Services
- 1
- Local
- ReMax Realtron Realty Inc
- Real Estate
- 529
- International
- Seasons Foodmart
- Supermarket
- 2
- Local
- Shops on Yonge Management Office
- Real Estate
- 1
- Local
- Tirajeh Jewllery
- Retailer
- 1
- Local
| Tenant | Description | CAN Locations | Reach |
| Goobok Dumpling House | Accommodation and Food Services | 1 | Local |
| Natural Sense Wellness | Services | 1 | Local |
| ReMax Realtron Realty Inc | Real Estate | 529 | International |
| Seasons Foodmart | Supermarket | 2 | Local |
| Shops on Yonge Management Office | Real Estate | 1 | Local |
| Tirajeh Jewllery | Retailer | 1 | Local |
Property Facts
| Total Space Available | 1,107 SF | Gross Leasable Area | 349,456 SF |
| Property Type | Retail | Year Built | 2013 |
| Property Subtype | Freestanding | Parking Ratio | 6/1,000 SF |
| Total Space Available | 1,107 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 349,456 SF |
| Year Built | 2013 |
| Parking Ratio | 6/1,000 SF |
About the Property
Situated within the acclaimed World on Yonge development, this property offers a dynamic retail and office investment opportunity at one of Markham’s most prominent intersections—Yonge Street and Steeles Avenue. The complex comprises a vibrant mix of residential towers, office components, a hotel, and an indoor shopping mall, creating a built-in customer base of over 1,200 condominium units. Retail units are strategically located on the ground floor of the retail podium and benefit from immediate access to the central courtyard and side entrances connecting to high-rise residences.
- 24 Hour Access
- Bus Line
- Dedicated Turn Lane
- Food Court
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- On-Site Security Staff
Nearby Major Retailers
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Shops On Yonge | 7181 Yonge St
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