508 Yonge Street Sold Invalid date

Toronto, Bay Street Corridor, M4Y 1X9

$3,050,000$000000

Description

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC..

Institutionally owned and managed, three (3) storey retail and multi-residential asset, situated on a 1,927 sf parcel of land. The property features 15.6 feet of frontage along Yonge Street and offers direct access to higher order transit with the Wellesley TTC subway station a short walk away. This asset provides stable cash flow with immediate upside through lease-up of the vacant, 'turnkey' residential units, which have recently been renovated. Additionally, if there is interest in vacating the current commercial tenant, the retail lease contains a landlord-favorable termination option.

Buyers to confirm all information independently.

Location

View Map
  • Address: 508 Yonge Street
  • Neighborhood: Bay Street Corridor
  • City: Toronto
  • State: Ontario
  • Postal Code: M4Y 1X9

Property Details

  • Property ID: C9758918
  • Property Price: $3,050,000
  • Style: Commercial/Retail, Retail
  • Garage: Lane
  • A/C: Y
  • Heating: Gas Forced Air Open
  • Taxes: $52,958.36 (2024)
  • Lot: 126.50x15.60 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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