229 Yonge Street, Toronto Retail for Lease
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229 YONGE STREET, TORONTO RETAIL FOR LEASE DIVISIBLE FLAGSHIP RETAIL OPPORTUNITY AT YONGE STREET AND SHUTER STREET FOR MORE INFORMATION PLEASE CONTACT ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS CLARKE STRUTHERS* JOEL GOULDING GRAHAM SMITH* BRANDON GORMAN Vice President Sales Representative Vice President Sales Representative 416 205 9222 ext 254 416 205 9222 ext 251 416 205 9222 ext 225 416 205 9222 ext 239 [email protected] [email protected] [email protected] [email protected] Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc. *Sales Representative 229 YONGE STREET PROPERTY SUMMARY Located directly across from Toronto Eaton Centre on the northeast corner of Yonge Street and Shuter Street, 229 Yonge Street features 16,571 square feet of prime retail space over three levels. Sitting directly between Uniqlo and Nordstrom to the north (Fall 2016) and Saks Fifth Avenue to the south, 229 Yonge Street boasts amazing ground floor ceiling heights and unmatched wrap-around frontage in the heart of Yonge Street’s busiest retail node. HIGHLIGHTS • Over 200 FT of wrap-around frontage on Yonge Street and Shuter Street • Located between Uniqlo, Nordstrom and Saks Fifth Avenue, across the street from Toronto Eaton Centre (over 1 million visitors per week), and steps from Yonge-Dundas Square, Ryerson University and Atrium on Bay • Incredible branding and signage opportunity with corner exposure • 20 FT ceiling heights on the ground floor, 12 FT ceilings heights on the second floor • Neighbouring businesses include: Urban Outfitters, Payless ShoeSource, Burger King, Vans, Footlocker, Tim Hortons, HomeSense and Forever 21 • Steps to Queen and Dundas Subway Stations DETAILS ASKING RATE Call agents to discuss ADDITIONAL RATE $17.00 PSF (est. 2016) TERM Flexible OCCUPANCY Call agents to discuss AVAILABLE SPACE OPTION 1: Lower Level: 5,935 SF Ground Floor: 5,223 SF Second Floor: 5,413 SF TOTAL: 16,571 SF OPTION 2: Lower Level: 5,935 SF Ground Floor: 5,223 SF TOTAL: 11,158 SF OPTION 3 (Office): Second Floor Only: 5,413 SF TRANSPORTATION MAP YONGE STREET OVERVIEW • 565,000 people work and 175,000 live within a 10 minute walk of Yonge and Dundas • Ryerson University brings close to 115,000 students and faculty to the district, while the three subways stations in Downtown Yonge: College, Queen and Dundas represent more than one third of all the downtown subway traffic on any weekday and transport around 50 million people a year into the area • 41,000 office workers come into Downtown Yonge every day for work, with retail sales potential estimated at $265 million a year • Foot traffic on the corner of Yonge and Dundas Streets peaks at 53,000 pedestrians a day • In 2013, the total retail sector in Downtown Yonge was approxi- mately 4.2 million square feet for both street-front and shopping centre space. The largest retail categories are restaurants, bar and bistros, fashion and services • Pedestrian traffic represented 68% of traffic in Downtown Yonge, while vehicles represented 32% (2014) LOCATION MAP Pedestrian Walkway Pedestrian Walkway Nail Salon Bagel Time Entrance to Aura Sweet & Natural Vitamins Aura Condos City Dental Bed Bath & Beyond, BMO Starbucks Marshalls RBC Available Duke's Banh Mi Boys Sandwiches Refresher Scaddabush Reds Tavern All Leather Bar Barclay Jewellery Gerrard Street Gerrard Street Ateaze Elephant & Castle The Big Slice Pizza (378 Yonge Street) Doner Kebab House Instaloan VIP Billards Sushi Tower Noori Extension Jackson's Burger Evergreen Mission Thai Express / Villa Mad. Walton Street Remington's Canada Gifts Money Mart Tea Shop 168 Sports Centre Aden Love Shop Made in China Swiss Chalet Korean Grill House XTC Salon Liberte McDonald's U l t im ate Tatoo Fido Katie Buffet Palace Glass Head Tattoo Wanda's Waffles Shoe Tree Zanzibar The Accessory Bar Play De Record Perfect Threading t Cash Money e e Aden Camera r t House of Kebobs S (348 Yonge Street) Ginger e Elm Street g n o Pizza Pizza Y Ryerson University Student Champs Centre American Apparell Available Gould Street Ardene / Mamma's Aldo Marble Slab 7-Eleven Available Panera Bread (322 Yonge Street) HMV Five Guys Burgers & Fries Edward Street David's Tea Boathouse Future Shop GoodLife Chipotle Mexican Grill Fitness, Shark Pickle Barrel Rogers Club, Jack Atrium on Bay Available Watch It! Astor's, 595 Bay Street Milestone's Adidas Forever 21 Dundas Street East Dundas Street East H&M Yonge / Dundas Square Uniqlo Hard Rock Café Three Brewers Popeyes Louisiana Chicken Asian Bowl EB Games Ed Mirvish Theatre Nordstrom Tim Hortons Downtown Jewellery Mart Paramount Fine Foods Footlocker E R Vans T N Burger King E t C Roots e Money Mart e N r t Available O S T Payless ShoeSource A e g E n o O Urban Outfitters T Y N O R City Kitchen Available O T Shuter Street Tangerine Natural Solutions 211 Yonge Street Starbucks Firkin on Yonge Heritage Building Baton Rouge The Massey Tower HomeSense Danier Smart Set Elgin Theatre Armani Exchange Addition Elle Bank of Montreal Atmosphere La Prep Queen Street West Queen Street East CIBC The Bay Saks Fifth Avenue Yonge Pharmacy Patient Networks Clinic Richmond Street West Richmond Street East DEVELOPMENT MAP YONGE STREET 6 A 8 RETAIL DEVELOPMENTS GERRARD STREET 250 Yonge Street 1 - Uniqlo (28,000 SF) 2 - Nordstrom (231,000 SF) 3 - Saks Fifth Avenue (150,000 SF) 4 - Commercial Redevelopment (35,000 SF) 335 Yonge Street ELM STREET 5 - Commercial Redevelopment (65,000 SF) 7 388 Yonge Street GOULD STREET E 6 - Aura (185,310 SF) 5 • Bed Bath & Beyond EDWARD STREET STREET YONGE • Marshalls • Reds, Scaddabush and Duke’s Refresher Bar DUNDAS STREET WEST Yonge & Gould Street 7 - Ryerson Learning Centre (2,676 SF) • Retail - 2,676 SF • Commercial - 155,464 SF B 401 Yonge Street 1 8 - Commercial Redevelopment (11,200 SF) 2 YONGE STREET RESIDENTIAL DEVELOPMENTS 388 Yonge Street A - 78 storeys / 985 units (AURA) SHUTER STREET 19-21 Dundas Square B - 39 storeys / 245 units YONGE STREET YONGE 197 Yonge Street C - 60 storeys / 699 units C 2 Queen Street West 4 D D - 65 storeys / 580 units QUEEN STREET WEST QUEEN STREET EAST 20 Edward Street 3 E - Large Scale Redevelopment Application RICHMOND STREET WEST RICHMOND STREET EAST DEMOGRAPHICS 0.5 KILOMETER 1.5 KILOMETER 3 KILOMETER SUMMARY 2009 Total Population 7,645 87,622 234,536 2014 Total Population 10,005 108,879 272,335 2019 Total Population 12,378 127,173 303,959 2014-2019 Annual Rate 4.35% 3.15% 2.22% 2009 Households 4,492 51,037 127,401 2009 Average Household Size 1.64 1.64 1.77 2014 Households 5,980 64,770 153,283 2014 Average Household Size 1.61 1.61 1.71 2019 Households 7,518 76,981 175,124 2019 Average Household Size 1.58 1.59 1.67 2014-2019 Annual Rate 4.68% 3.51% 2.70% 2009 Families 1,565 16,693 48,790 2009 Average Family Size 2.42 2.42 2.53 2014 Families 2,047 21,060 56,844 2014 Average Family Size 2.45 2.44 2.50 2019 Families 2,521 24,918 63,682 2019 Average Family Size 2.55 2.51 2.54 2014-2019 Annual Rate 4.25% 3.42% 2.30% 2009 DWELLINGS 4,492 51,037 127,401 Owned Dwellings 1,732 18,008 46,844 Rented Dwellings 2,760 33,029 80,557 Band Housing 0 0 0 2014 DWELLINGS 5,980 64,770 153,283 Owned Dwellings 2,169 23,592 58,457 Rented Dwellings 3,811 41,178 94,826 Band Housing 0 0 0 2019 DWELLINGS 7,518 76,981 175,124 Owned Dwellings 2,801 28,914 68,692 Rented Dwellings 4,718 48,067 106,433 Band Housing 0 0 0 AVERAGE HOUSEHOLD INCOME 2009 $83,632 $71,222 $86,111 2014 $96,183 $89,636 $104,943 2019 $114,972 $110,748 $126,431 PER CAPITA INCOME 2009 $49,140 $41,484 $46,776 2014 $57,489 $53,323 $59,067 2019 $69,831 $67,039 $72,842 MEDIAN AGE 2009 32.94 34.48 34.73 2014 34.84 35.79 36.15 2019 37.73 38.27 38.51 FLOOR PLANS OPTION #1: Lower Level - 5,935 SF | Ground Floor - 5,223 SF | Second Floor - 5,413 SF Lower Level Ground Floor Second Floor 5,935 SF 5,223 SF 5,413 SF YONGE STREET N FLOOR PLANS OPTION #2: Lower Level - 5,935 SF | Ground Floor - 5,223 SF Lower Level Ground Floor 5,935 SF 5,223 SF YONGE STREET N FLOOR PLANS OPTION #3 (OFFICE) – Second Floor Only - 5,413 SF Second Floor 5,413 SF YONGE STREET N TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS.