1/172ND FLOOR - 4844 YONGE STREET, Toronto (Lansing-Westgate)
2ND FLOOR - 4844 YONGE STREET, Toronto (Lansing-Westgate), ON M2N5N2
Price on request
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
97%
About this property
Exceptional Second-Floor Commercial Space Opportunity on Prime Yonge Street! Rare chance to lease approximately 1,614 sq. ft. in a high-demand corner location in the heart of Yonge & Sheppard. Currently operating as a personal fitness gym and Pilates studio, offering a great opportunity for a variety of commercial uses. Prime Yonge Street location with excellent accessibility and convenient Green P public parking at the rear of the building. Just steps to Sheppard-Yonge TTC Subway Station, Yonge Sheppard Centre, and minutes to Highway 401. $5,000/Month Net Rent + $1,500/Month TMI + HST + Utilities. One surface parking space available at the rear of the property. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$2K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
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.
Area demographics
Trade area within 3 miles of the property.
Population
113,732
Households
44,303
Median income
$66,500
Median age
41.2
Daytime population
171,814
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2ND FLOOR - 4844 YONGE STREET, Toronto (Lansing-Westgate).
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.