2485 - 2489 Yonge Street

2485 - 2489 Yonge Street
Toronto ON

2485 - 2489 Yonge Street View1

Property Type

Retail
Property Size
6 675 Sq Ft
Available Space
6 675 Sq Ft
Opportunity Type
Sale
Price
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DescriptionClick Here To View Mapped Property

Click Here To View Mapped Property

Jones Lang LaSalle Real Estate Services Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in 2485 - 2489 Yonge Street (the “Property”). The Property represents a rarely available opportunity to acquire four contiguous retail storefronts on Yonge Street, positioned a short distance north of Eglinton Avenue. Fully occupied by a variety of long-term tenants, the Property offers both uninterrupted frontage on Yonge Street and direct exposure at the T-intersection of Yonge Street & Castlefield Avenue. Positioned immediately north of the rapidly intensifying Yonge & Eglinton intersection, the Property provides prospective purchasers with an opportunity to capitalize on stable holding income, a growing retail scene, and long-term development potential.


Features

Key Highlights

  • Prime positioning within an exclusive Midtown neighbourhood
  • Nearly 50 feet of frontage on Yonge Street north of Eglinton Avenue, offering exceptional transit amenities
  • Encompassed by a rapidly expanding residential market at Yonge & Eglinton, driving commercial demand
  • Stable holding income with long-term assembly and development potential

Interested parties will be required to execute and submit the Vendor's form of a Confidentiality Agreement (attached) prior to receiving detailed information about the Property.

Property Details
  • Site Area: 6,675 s.f.
  • Total Building Area: 4,000 s.f.
  • Frontage: 48 ft.
  • Depth: 140 ft. (irregular)
  • Total # of Storefronts: Four (4)
  • Occupancy: 85%
  • Zoning: CR 3.0 (C2.0; R2.5)
  • Official Plan: Mixed Use Area


Contact a Broker
Elliot Medoff_Commercial Real Estate Broker
Elliot Medoff

Sales Representative | Vice President

JLL

Toronto

+1 416 238 9768

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