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    For Sale - 5169&5171 Yonge Street, Toronto, Ontario

    Est payment $57,089/mo
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    Views   1
    Time on Jump  10 day

    AI Summary *

    • High-profile redevelopment site with potential for up to 65 storeys.
    • Fully tenanted building providing reliable income during planning phases.
    • Prime location with direct access to North York Centre Subway.
    • Surrounded by existing high-rises, ideal for mixed-use development.
    • One of the last large-scale parcels available along Yonge Street.




    Redevelopment site with up to 65-storey potential-yonge st, north york centre for sale! A rare opportunity to acquire a fully tenanted commercial office and retail building on a high-profile site along yonge street, in the heart of north york centre. The property is identified under the revised north york centre secondary plan as potentially eligible for development of up to 65 storeys, making it one of the few remaining sites in the area suitable for significant high-density, mixed-use redevelopment. Key attributes: strategic location with direct transit access located steps from north york centre subway station, north york civic centre, and the toronto central library, the site offers seamless integration into toronto's public transit network. It is also within minutes of highway 401, facilitating access for both regional and citywide commuters. The area functions as toronto's largest employment node outside the downtown core, supporting both commercial and residential intensification. Redevelopment compatibility: the property at 5169& 5171 yonge st. Is situated within a section of yonge street already surrounded by high-rise residential buildings, class-a office towers, and major retail developments, making it an ideal candidate for additional density in line with the city of toronto's growth and intensification objectives. Income-producing asset with interim value: the existing structure is fully leased to a mix of long-standing commercial and professional tenants, providing reliable holding income during the planning and development process. The property includes 11 on-site parking spaces, with ample public and street parking available in the immediate vicinity. Scarce redevelopment inventory in core location: most comparable sites in the area have already been developed, making this property one of the last large-scale parcels along this stretch of yonge street, offering a unique opportunity for long-term strategic development. Do not contact tenants directly.
    Listing IDC13134996
    Address5169&5171 Yonge Street
    CityToronto, Ontario
    Price$11,888,888
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm Available

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    Listing Agency:  CENTURY 21 HERITAGE GROUP LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    5169&5171 Yonge Street
    Toronto , Ontario
    $11,888,888
    Get more info