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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514
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5 / 5 stars – based on 121 reviews
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REDEVELOPMENT SITE WITH UP TO 65-STOREY POTENTIAL-YONGE ST, NORTH YORK CENTRE FOR SALE! A rare opportunity to acquire a fully tenanted commercial office and retail building on a high-profile site along Yonge Street, in the heart of North York Centre. The property is identified under the revised North York Centre Secondary Plan as potentially eligible for development of up to 65 storeys, making it one of the few remaining sites in the area suitable for significant high-density, mixed-use redevelopment. KEY ATTRIBUTES: STRATEGIC LOCATION WITH DIRECT TRANSIT ACCESS Located steps from North York Centre Subway Station, North York Civic Centre, and the Toronto Central Library, the site offers seamless integration into Toronto’s public transit network. It is also within minutes of Highway 401, facilitating access for both regional and citywide commuters. The area functions as Toronto’s largest employment node outside the downtown core, supporting both commercial and residential intensification. REDEVELOPMENT COMPATIBILITY: The property at 5169& 5171 Yonge St. is situated within a section of Yonge Street already surrounded by high-rise residential buildings, Class-A office towers, and major retail developments, making it an ideal candidate for additional density in line with the City of Toronto’s growth and intensification objectives. INCOME-PRODUCING ASSET WITH INTERIM VALUE: The existing structure is fully leased to a mix of long-standing commercial and professional tenants, providing reliable holding income during the planning and development process. The property includes 11 on-site parking spaces, with ample public and street parking available in the immediate vicinity. SCARCE REDEVELOPMENT INVENTORY IN CORE LOCATION: Most comparable sites in the area have already been developed, making this property one of the last large-scale parcels along this stretch of Yonge Street, offering a unique opportunity for long-term strategic development. Do Not Contact Tenants Directly.
Posted on ABHI D'OrricoTrustindex verifies that the original source of the review is Google. Great office vibe, greà t staff, including all home buying services. Your one stop shop for your realty needsPosted on Angela QarizadhaTrustindex verifies that the original source of the review is Google. Sold by angelaq.... get your real estate portfolio started... contact me for all your inquiriesPosted on tony miceliTrustindex verifies that the original source of the review is Google. I love the location and the friendly service you get is always been a pleasure and I've always been greeted with a fantastic cup of expresso and lovely girls over at the reception always willing to give a helping hand.Load more
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