2449 Yonge Street, Toronto | Image 1

2449 Yonge Street

Toronto, Mount Pleasant West

  • Commercial

$8,100,000
For Sale

Added 1 month ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: CR3

  • Age: 100+ years

  • Taxes: 77797.94

  • MLS®#: C11911818

  • Days on Site: 31 Days

  • Added: Jan 07, 2025 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: COMMERCIAL FOCUS REALTY INC.

Flagship high profile corner site only offered for sale 3 times in its history. Prime corner with Starbucks as anchor tenant. Well maintained mixed use building with stable and growing cash flow. Great exposure and curb appeal. Almost $300,000 NOI per year - collect the money and realize the windfall once redevelopment occurs here. You can be the one to won this jewel.... **EXTRAS** This is the key corner to a future high rise development assembly with owners to the south. This block is the next one to go on Yonge... it is not IF but it is WHEN.

Extras

This is the key corner to a future high rise development assembly with owners to the south. This block is the next one to go on Yonge... it is not IF but it is WHEN.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Age: 100+

  • Net Income: 301795

  • Area: Toronto

  • Community: Mount Pleasant West

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2024

  • Tax Legal Description: PL 7, Plan 756

  • Taxes: $77,798

  • Expenses: Est

  • Operating Fees: 139440

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: Yonge and Erskine

  • Municipality District: Toronto C10

  • Parcel Number: 211360253

  • Lot Depth: 111.18 Feet

  • Lot Frontage: 21.62 Feet

  • Zoning: CR3

Commercial Specific

  • Retail Area: 2190

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 7180

  • Total Area Metric: Sq Ft

  • Office Size: 4990

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Subways

  • Lot Code: Lot

  • Survey: N

  • Building Percent: 100

  • Gross Income/Sales: 441235

Very Walkable

  • Most errands can be accomplished on foot.
83 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
87 /100

Very Bikeable

  • Most errands can be accomplished on bike.
70 /100
Map of 2449 Yonge Street, Toronto
7-8

Spectrum Alternative Senior School

Elementary: Public
1.33 km
JK-8

St Monica Catholic School

Elementary: Catholic
0.16 km
JK-6

John Fisher Junior Public School

Elementary: Public
0.16 km
JK-6

Davisville Junior Public School

Elementary: Public
1.33 km
JK-6

Eglinton Junior Public School

Elementary: Public
0.77 km
JK-6

John Ross Robertson Junior Public School

Elementary: Public
1.13 km
9-12

Msgr Fraser College (Midtown Campus)

Secondary: Catholic
0.49 km
9-12

Forest Hill Collegiate Institute

Secondary: Public
1.99 km
9-12

Marshall McLuhan Catholic Secondary School

Secondary: Catholic
0.96 km
9-12

North Toronto Collegiate Institute

Secondary: Public
0.27 km
9-12

Lawrence Park Collegiate Institute

Secondary: Public
1.54 km
9-12

Northern Secondary School

Secondary: Public
0.72 km

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