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$ 8,950,000
Est. payment | /mo
$ 8,950,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto C02
Subdivision Annex
MLS Listing ID C13053398
Annual Tax Amount $115,280
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Rare investment opportunity to acquire a 100% leased, medically anchored retail condo assembly in Toronto's prestigious Yorkville neighbuorhood. Ground floor retail with frontage on Yonge Street and McMurrich Street. Steps from Yonge-Bloor and Rosedale subway stations. Located in one of Toronto's most affluent and transit-connected corridors. Long-standing medical tenancy provides stable income. Contractual rent growth in place and attractive yield profile. The property forms a block of retail frontage within a professionally managed mixed-use complex. All inclusive condo fees (including all utilities, system repair and maintenance, 24/security, garbage disposal etc.) support passive ownership structure. Opportunities to secure retail frontage of this scale along the Yonge Street corridor in Yorkville are exceptionally limited. Large public underground garage in building supports demand for the retail.
Location
Province ON
County Toronto
Community Toronto C02
Area Toronto
Zoning CR-4.0(c 1.75 r 4.0)
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 209.0
Lot Depth 210.0
Others
Security Features Yes
ParcelsYN No
Listed by Peakhill Realty Inc.
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