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$13,890,000
Available - For Sale
Listing ID: C12373526
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 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. 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. 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. 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. 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. Please call listing agents for any questions and showings. Please do not contact tenants directly. Thank you for your interest.
Price $13,890,000
Taxes: $71,508
Tax Type: Annual
Occupancy by: Owner+T
Address: 5171 Yonge Stre , Toronto, M2N 5P5, Toronto
Postal Code: M2N 5P5
Province/State: Toronto
Legal Description: PT LT 232-233 PL 1790 TWP OF YORK AS IN
Directions/Cross Streets: Yonge/Empress
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Retail
Use: Retail Store Related
Building Percentage: F
Total Area: 5,521
Total Area Code:  Square Feet
Office/Appartment Area: 600
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: Part
Rail: N
Clear Height Feet: 7
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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CENTURY 21 HERITAGE GROUP LTD.

5171 Yonge Stre , Toronto, M2N 5P5, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C14
Neighbourhood: Willowdale East
Style:
Lot Size: x 120.10(Feet)
Approximate Age: 51-99
Tax: $71,508
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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