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C5864851
$6,500,000

576 Yonge St (Yonge St And Wellesley St W)

Price: $6,500,000

Status: For Sale 

MLS®#: C5864851

$6,500,000
  • Tax: $83,911.23/Annual (2022)
  • Community:Bay Street Corridor
  • City:Toronto
  • Type:Commercial
  • Style:Commercial/Retail
  • Bath:6
  • Size: 4,250 Sq Ft
  • Basement:Y

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

Description

A Fantastic Opportunity To Buy And Invest In A Piece Of Toronto's Iconic Yonge St. (Two Buildings 574-576 Yonge St) Exceptionally Vibrant, Historically Profitable And Currently Under Transformation, Yonge St Has Consistently Been An Excellent Investment For Both End Users And Investors Alike. Supported By A Strong Pedestrian Traffic, Solid Income Demographics, High Density Neighborhoods, One Of A Kind Street Exposure And Great Transit Options, This Stretch Of Yonge St Is Expected To Continue To Thrive And Outperform. This 3 Storey Mixed Use Building Consists Of 4250 Sq Ft Of Rentable Area Plus Basement, Extra Wide Frontage Of 25" And A Total Lot Size Of 1927 Ft. Situated In Toronto's "Mixed Use" Official Plan Area This Building Has A Favorable Cr (Commercial Residential) Zoning Which Permits A Broad Range Of Uses.


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Lisa Graham

Sales Representative

Royal LePage, Johnston & Daniel Division

Integrity. Expertise. Outstanding Results.

Web4Realty

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