Located in the heart of Toronto’s prestigious Bloor-Yorkville district, Unit 53 at 162 Cumberland Street offers a rare opportunity to lease boutique retail space in one of the world’s top ten luxury shopping destinations. The neighborhood is undergoing a notable shift in retail gravity, with Harry Rosen relocating its Canadian flagship directly across the street from 162 Cumberland. This move is expected to significantly increase foot traffic and reinforce Cumberland Street’s role as a central axis of luxury retail in Toronto.
Retail sales in the Bloor-Yorkville corridor regularly exceed $2,500 per square foot, and the area commands the highest net rental rates in Canada. With over 2.3 million square feet of retail space—1.5 million of which is street-front—this location offers unmatched visibility and prestige for brands seeking to establish or elevate their presence.