Retail For Lease 502 Yonge Street Yonge-Dundas Square Overview 502 Yonge Street is located on the west side of Yonge Street between College Street and Wellesley Street. This opportunity offers a spacious lower level with high ceilings, perfect for storage or an office, an excellent mechanical system, and ample frontage on bustling Yonge Street. Located in between Wellesley and College Subway Stations, the property is accessible from various downtown and midtown neighbourhoods.
The property presents a rare opportunity to secure retail space in a rapidly gentrifying neighborhood. With over 15,000 residential units and 400,000 SF of office space under construction or proposed in the immediate area, the residential and daytime population is expected to increase significantly over the next few years, transforming Yonge Street Toronto Eaton Centre Ryerson University into one of Canada’s best live-work nodes.
100 100 Walk Score Transit Score
College Park Property details GROUND FLOOR | 1,853 SF AVAILABLE | Immediately TERM | 5 - 10 Years NET RENT | Contact Listing Agents ADDITIONAL RENT | $28.00 PSF (est. 2021) Highlights
• Abundant lower level space included for office/storage requirements • Mechanical systems to suit a variety of retail users • Excellent opportunity for signage and branding • Direct loading access off rear laneway • Steps from Wellesley and College Subway Stations • High pedestrian and vehicular traffic • Neighbouring tenants include: LCBO, McDonald’s, Starbucks, and Tim Hortons Saint Nicholas Street N Phipps Street Nearby tenants & developments
1 McDonald’s 14 LBCO Wellesley Street East 2 Pizzaiolo 15 Dollarama 12 3 Le Chanceux 16 Public Mobile 13 1 4 A&W 17 Tea House Condos Yonge Street Wellesley Street West (608 Residential Units) 14 5 Proposed 45 Storey Mixed-Use Development (423 Residential 18 Wendy’s 2 15 Units) Maribeth Avenue 19 Courtyard by Marriott 6 Menchies 16 20 Second Cup 7 Wine Rack Maitland Street 21 Pizza Pizza 8 McDonald’s 22 Shoppers Drug Mart 9 YC Condos (600 Residential Units) 10 Starbucks 3 Breadalbane Street 11 W Burger Bar
17 12 Scotiabank 502 YONGE STREET 13 Tim Hortons
5 18 Demographics Grosvenor Street 69,727 153,249 6 19 Population Daytime Population 7 $91,898 $92,365 8 20 Avg. HH Income Avg. HH Annual Spending Wood Street 9 21 34 Median Age
Grenville Street
22 10
Carlton Street Within 1KM | Statistics Canada, 2021 11 College Street
150 yd Aug 15 2019 © Stepmap, 123map • Data: OpenStreetMap, License ODbL 1.0 Floor plan Gross Leasable Area Ground Floor | 1,853 SF Common Area Ancillary Area
Unenclosed Area DN Non-Leasable Area NO ACCESS PROVIDED Parking Area STORAGE UNDER STAIRCASE LIMITED ACCESS
Brandon Gorman* Austin Jones* Senior Vice President Sales Representative +1 415 855 0907 +1 416 855 0939 [email protected] [email protected] 0
UP © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. The information contained in this document is proprietary to Jones Lang LaSalle and shall be used solely for the purposes of evaluating this proposal. All such documentation and information remains the property of Jones Lang LaSalle and shall be kept confidential. Reproduction of any part of this document is authorized only to the extent necessary for its feet 13 evaluation. It is not to be shown to any third party without the prior written authorization of Jones Lang LaSalle. All information contained herein is from sources deemed reliable; however, no representation or warranty is made as to the accuracy thereof. N *Sales Representstive YONGE STREET letter from Extreme Measures Inc. rel y sol e Measure s Thi s 502-504yonge-br10-2a.pdf BOMA Retail 2010 Area Chart: Please refer to corresponding Client: o n benefi t Version wor k Toronto , FP2A KingSett Capital thi s 502-504 Yonge Street Inc . wor k o f produc t pursuan t an d produc t Floor 01 us e ha s Ontario, t o b y withou t Measured : Created : a bee n th e contrac t Client . th e www.xmeasures.com [email protected] 1.877.963.2787 prepare d wit h Canada receip t N o th e 12/23/2019 01/14/2020 thir d Clien t o f b y part y a Extreme reliance fo r may the