Space
Finished area and layout
- Building Area
- 21,746 sqft
+19 more
21,746 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- CR 3.0
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Toronto offers 21,746 sqft of building area. The property has zoned CR 3.0. The home features yes.
MLS Remarks
Rare opportunity to acquire a 100% freehold interest in a recently retrofitted, mixed-use commercial building at one of Downtown Toronto's most recognized addresses. Situated on Yonge Street at the intensifying Yonge & Wellesley intersection, the Property offers 21,746 SF of gross leasable area across 9,085 SF of retail and 12,661 SF of office space on a 5,533 SF site with 44 feet of frontage. The Property is 100% occupied by four complementary tenants operating across the hospitality, entertainment, and technology sectors, generating stable, diversified income with a weighted average lease term of 6.0 years. The tenant mix provides durable cash flow while minimizing concentration risk. The Site controls a compelling future mixed-use development opportunity ranging between 214,000 to 553,000 square feet of potential density based on various assembly scenarios.
Full Listing Details
Address577 Yonge Street, Toronto, ON M4Y 1Z2
MLS#C13794786
Listing StatusNew
Property TypeCommercial
Sub-TypeCommercial retail
TransactionSale
List DateSep 11, 2026
Days on Market44
Annual Tax$204,831 (2026)
StyleMixed Use
CityToronto
ProvinceOn
Postal CodeM4Y 1Z2
ZoningCR 3.0
CoolingYes
SecurityYes
UtilitiesYes
Annual Tax$204,831 (2026)
Northeast corner of Yonge Street & Wellesley Street
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