2460 YONGE STREET, Toronto (Yonge-Eglinton)2460 YONGE STREET, Toronto (Yonge-Eglinton) — photo 22460 YONGE STREET, Toronto (Yonge-Eglinton) — photo 32460 YONGE STREET, Toronto (Yonge-Eglinton) — photo 4
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For Lease · Retail

2460 YONGE STREET, Toronto (Yonge-Eglinton)

2460 YONGE STREET, Toronto (Yonge-Eglinton), ON M4P2H5

$75 per sq ft / yr

2,200 SF

Asset Class

Retail

Size

2,200 SF

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

$0

Occupancy

86%

About this property

An exceptional opportunity to secure a prominent commercial space in the heart of Toronto's highly sought-after Yonge & Eglinton neighbourhood. Boasting an impressive 33 feet of direct frontage along Yonge Street, this property offers outstanding visibility, exposure, and accessibility along one of Toronto's most established commercial corridors. The property features a full-size, finished 2,155 sq. ft. basement, providing valuable additional space and flexibility for a variety of business uses. Surrounded by a vibrant mix of established retailers, restaurants, professional offices, residential developments, and transit options, this unbeatable location offers excellent exposure to consistent pedestrian and vehicular traffic. A rare opportunity for businesses seeking a high-profile Yonge Street address in one of Toronto's premier destinations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75
Down payment30% · $23
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$4

Annual cash flow

$-0

Cash-on-cash

-0.83%

DSCR

0.96

Going-in cap

5.29%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.676 SF2033-03
Cascade Foods Inc.1,214 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

85,421

Households

31,017

Median income

$135,500

Median age

38.7

Daytime population

98,171

5-yr growth

8.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2460 YONGE STREET, Toronto (Yonge-Eglinton).

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.