2577 Yonge Street, Toronto | Image 1

2577 Yonge Street

Toronto, Mount Pleasant West

  • Commercial

$1
For Sale

Added 3 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 62132

  • MLS®#: C8203368

  • Added: Apr 04, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX ATRIUM HOME REALTY

LOCATION! LOCATION! LOCATION! ATTENTION INVESTOR HIGH POTENTIAL LAND VALUE. Presenting an exceptional 100% Freehold 2577, 2579 & 2581 Yonge Street an unrivaled retail land assembly situated in the coveted Yonge Street Midtown Corridor of Toronto, just north of Yonge and Eglinton. Comprising three fully modernized mixed-use buildings on generously sized lots totaling nearly 10,000 square feet of land, this offering boasts over 12,785 square feet of existing usable gross floor area (plus basement) alongside ample parking facilities. First floor Fully Leased to high-end retail stores, $$$ leasehold improvement. Complemented by vacant 2nd and 3rd floors residential, simple renovation can turn this property to (5) Five of 3 Bedroom residential rental market. Supported by a favorable planning opinion indicating significant development potential and density, or the possibility of a large-scale tower development with further consolidation.

Extras

3 property portfolio sale. Rare deep lots with lane way access. Buildings have been completely retrofitted with institutional grade infrastructure. Properties include 2577, 2579 & 2581 Yonge Street.

Property

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Retail

  • Area: Toronto

  • Community: Mount Pleasant West

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: See Schedule

  • Taxes: $62,132

  • Taxes Type: Annual

Land

  • Cross Street: Yonge & Eglinton

  • Municipality District: Toronto C10

  • Parcel Number: 211370259

  • Sewer: San+Storm

  • Lot Depth: 164 Feet

  • Lot Frontage: 57.3 Feet

  • Zoning: Commercial

Commercial Specific

  • Retail Area: 6030

  • Retail Area Metric: Sq Ft

  • Total Area: 12785

  • Total Area Metric: Sq Ft

  • Office Size: 6755

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

JK-8

St Monica Catholic School

Elementary: Catholic
0.50 km
JK-6

Blythwood Junior Public School

Elementary: Public
1.04 km
JK-6

John Fisher Junior Public School

Elementary: Public
0.31 km
JK-6

Eglinton Junior Public School

Elementary: Public
1.01 km
JK-6

John Ross Robertson Junior Public School

Elementary: Public
0.87 km
7-8

Glenview Senior Public School

Elementary: Public
1.02 km
9-12

Msgr Fraser College (Midtown Campus)

Secondary: Catholic
0.85 km
9-12

Forest Hill Collegiate Institute

Secondary: Public
2.13 km
9-12

Marshall McLuhan Catholic Secondary School

Secondary: Catholic
1.10 km
9-12

North Toronto Collegiate Institute

Secondary: Public
0.56 km
9-12

Lawrence Park Collegiate Institute

Secondary: Public
1.24 km
9-12

Northern Secondary School

Secondary: Public
0.87 km
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