
Listed For $17,900,000
Added 1 month ago
21746 Square Feet
Commercial Retail
$204,831 Tax / yr
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Bedrooms
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Bathrooms
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Garages
21746
Square Feet
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Rare opportunity to acquire a 100% freehold interest in a recently retrofitted, mixed-use commercial building at one of Downtown Toronto's most recognized addresses. Situated on Yonge Street at the intensifying Yonge & Wellesley intersection, the Property offers 21,746 SF of gross leasable area across 9,085 SF of retail and 12,661 SF of office space on a 5,533 SF site with 44 feet of frontage. The Property is 100% occupied by four complementary tenants operating across the hospitality, entertainment, and technology sectors, generating stable, diversified income with a weighted average lease term of 6.0 years. The tenant mix provides durable cash flow while minimizing concentration risk. The Site controls a compelling future mixed-use development opportunity ranging between 214,000 to 553,0
Census area 35204592; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.