2449 Yonge St - Storefront Retail/Residential FOR SALE


Toronto, ON M4P 2E7
$8,100,000 CAD
416-417-9098
2449 Yonge St, Toronto, ON for Sale
$8,100,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | 3.75% Cap Rate

2449 Yonge St
Toronto, ON M4P 2E7


HIGHLIGHTS

  • Retail on main floor
  • Offices and apartments on upper floors
  • Flagship corner location on prime Yonge Street

OVERVIEW

Flagship corner location on prime Yonge Street. Over 7,000 sf building with Starbuck's as anchor tenant. Retail on the main floor with offices and apartments above. Strong in place income. Great condition always full. Rental upside in the apartment rents. Future development potential with assembly. Asking a 3.75% cap rate.

FOR SALE DETAILS

PRICE

$8,100,000 CAD

PRICE/SF

$1,124 CAD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CR

APN/PARCEL ID

190410419001600

ASK ABOUT THIS PROPERTY

Lorenzo DiGianfeliceCommercial Focus Realty Inc.More Info
416-417-9098

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Lorenzo DiGianfeliceCommercial Focus Realty Inc.More Info
416-417-9098

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.