property-description
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. (id:38686)
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Property Tax
: $62,132Last Updated
: Sun, April 28, 2024Mls Num
: C8203368Listing Date
: Apr 4, 2024
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Property Type
: detailsSection.listingTypeId.112Sq Ft Raw
: detailsSection.sqft
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