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 4 Bay Street 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 Austin Jones* Austin Sales Representative +1 416 855 0939 [email protected] Brandon Gorman* Brandon President Senior Vice +1 415 855 0907 [email protected] its for necessary extent the to only authorized is document this of part any © 2019 Jones Inc. Lang LaSalle Allof rights IP, reserved. The information contained in this document is proprietary to Jones Lang LaSalleReproduction and shallconfidential. be used solely for the purposes of evaluating kept this proposal. be All such documentation and information remains the shall property of Jones and LaSalle Lang 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; no representation however, or warranty is made as to the accuracy thereof. *Sales Representstive N Client: KingSett Capital Gross Leasable Area Common Area Ancillary Area Unenclosed Area Non-Leasable Area Parking Area Version Created: 01/14/2020 FP2A Measured: 12/23/2019 502-504 Yonge Street Toronto, Ontario, Canada Floor 01 Please refer to corresponding BOMA Retail 2010 Area Chart: 502-504yonge-br10-2a.pdf UP LIMITED ACCESS UNDER STAIRCASE STORAGE YONGE STREET YONGE DN NO ACCESS PROVIDED This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 13 feet 1.877.963.2787 [email protected] www.xmeasures.com Ground Floor | 1,853 SF Ground Floor plan.
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