Retail Property Sold
Urban Streetfront Retail Offering
CBRE Limited (“CBRE”) on behalf of the vendor is pleased to offer for sale a 100% freehold interest in four streetfront retail buildings located at 685 Yonge Street, 695 Yonge Street, 1525 Yonge Street & 1918 Avenue Road (collectively the “Properties”). The Properties are being offered with no formal asking price and the Vendor will consider offers for individual or groups of Properties. Interested parties are required to sign a Confidentiality Agreement (“CA”) prior to receiving additional information on this offering.
- An opportunity to acquire four sites in the most affluent parts of Toronto; Yonge & Bloor, Yonge & St. Clair and Avenue Rd. & Lawrence.
- With the ongoing and projected growth of the city’s population and demand to live in close proximity to public transit, the Yonge & Bloor, Yonge & St. Clair and Avenue Rd. & Lawrence areas are all prime locations for high density residential development.
- All four Properties are surrounded by residential, office and retail amenities with excellent access to public transportation. There are TTC subway stations within 200 metres of three of the properties, making these highly coveted sites for both retail as well as future residential development.
- All of the Properties are 100% occupied, with significant upside in rents.