71–75 Front Street East and 98 The Esplanade present a rare opportunity to acquire a 100% leased, institutionally managed freehold retail asset in Toronto’s highly sought-after Downtown East. Located in the heart of the St. Lawrence neighbourhood, the Property benefits from immediate proximity to the Financial Core and key transit nodes, including Union Station and King Station, ensuring exceptional connectivity and consistent pedestrian traffic.
The Property comprises three retail units totaling approximately 18,390 square feet and is fully occupied by a strong mix of national and established tenants. The tenancy includes Duke’s Refresher, a SIR Corp restaurant concept; Civilian House of Cannabis, a Toronto-based boutique retailer; and Dollarama, a leading national discount retailer scheduled to open at 98 The Esplanade.
This high-quality urban retail asset offers a stable and diversified income stream anchored by recognized brands, with Dollarama and SIR Corp contributing a significant portion of total rental income. The Property is well positioned within a vibrant mixed-use node characterized by dense residential development, high employment concentration, and strong demographic growth, attracting professionals, students, and tourists alike.
Surrounded by prominent amenities, including the St. Lawrence Market, numerous restaurants, retail destinations, and cultural attractions, the Property enjoys sustained foot traffic and long-term tenant demand. Its location at the intersection of the Financial Core and St. Lawrence Market ensures continued relevance as one of Toronto’s most dynamic retail corridors.
Offered for sale with a fully leased rent roll and long-term upside potential, this asset represents a compelling opportunity to acquire a stabilized retail investment in one of downtown Toronto’s most established and high-performing neighbourhoods.