Toronto, ON M4P 2J1,2577 Yonge ST
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Toronto, ON M4P 2J1,2577 Yonge ST
Toronto, ON M4P 2J1,2577 Yonge ST
Toronto, ON M4P 2J1,2577 Yonge ST
Toronto, ON M4P 2J1,2577 Yonge ST
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$ 9,250,000
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Price Dropped by $645K

2577 Yonge ST Toronto, ON M4P 2J1

12,785 SqFt


UPDATED:

01/08/2025 01:55 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,785 sqft

Price per Sqft $723

MLS Listing ID C9367121

Annual Tax Amount $63,996

Tax Year 2023

Property Description

Three (3) retail/mixed-use properties, totaling 12,785 SF, comprised of 6,030 SF of retail, occupied by strong tenant covenants, four (4) oversized apartments averaging more than 1,400 SF that are currently 100% vacant and one (1) 1,100 sf second-floor office/retail space currently owner occupied. Situated on a large 9,655 SF parcel of land with 57 feet of frontage and 173 feet of depth. Stabilized annual net income of approximately $600,000 once fully leased. Development plans up to 10-storeys are available for review.

Location

Province ON

County Toronto

Community Mount Pleasant East

Area Toronto

Zoning CR 3.0

Region Mount Pleasant East

City Region Mount Pleasant East

Interior

Cooling Yes

Exterior

Community Features Public Transit, Subways

Utilities Available Yes

Lot Frontage 56.7

Lot Depth 173.2

Others

Security Features Yes


Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
agent

Salim Walji

Agent | License ID: 9627394

+1(647) 242-3480

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2577 Yonge ST