574-576 Yonge St - Storefront Retail/Residential FOR SALE


Toronto, ON M4Y 1J6- Bay Street Corridor
$5,900,000 CAD
416-236-1871
574-576 Yonge St, Toronto, ON for Sale
$5,900,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

574-576 Yonge St
Toronto, ON M4Y 1J6
Bay Street Corridor


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,900,000 CAD

PRICE/SF

$1,388 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,420 SF

ZONING

CR

APN/PARCEL ID

190406830002400

ASK ABOUT THIS PROPERTY

Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

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Ian WilsonRoyal LePage Real Estate Services LtdMore Info
416-236-1871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.