Ossington Avenue Retail Booms Amid Unprecedented Demand

Toronto’s Ossington Avenue is experiencing a retail surge, establishing itself as one of the city’s most vibrant and sought-after shopping and dining corridors. Once dominated by auto garages, the stretch between Queen and Dundas Streets now pulses with independent retailers, stylish eateries, and lifestyle-driven businesses that reflect Toronto’s evolving urban identity.
“Ossington is on fire,” said Arlin Markowitz, Executive Vice President at CBRE, in an interview with Retail Insider. “There’s virtually no availability. I can’t think of another street in Toronto with such a low vacancy rate.”
A Growing Force in Canadian Retail
CBRE’s Urban Retail Team (URT) recently published its Summer 2025 report, underscoring Ossington Avenue’s ascent as a premier retail destination. With a walkable streetscape and a carefully cultivated mix of fashion, food, and beauty concepts, the area draws comparisons not to international strips, but to some of Toronto’s most charming shopping districts.
“There’s a certain cachet that’s grown around Ossington,” said Markowitz. “It started with a creative, artsy crowd and has evolved into a polished but still cool retail hub. It’s increasingly being talked about in the same breath as Yorkville Avenue or Hazelton, not in size but in terms of appeal.”
Destination Openings Add Momentum