2150 YONGE STREET
Toronto (Yonge-Eglinton), Ontario
MLS® C14102746
$2,999,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C14102746
- Bedrooms
- —
- Bathrooms
- 6
- Year built
- —
Listing description
Prime mixed-use investment opportunity in the heart of Midtown Toronto, just south of Yonge and Eglinton. Featuring approximately 20 feet of frontage on Yonge Street, this property benefits from exceptional visibility and exposure along one of Toronto's busiest pedestrian and vehicular corridors. Across the street is home to over 1,800 condominium units, including Minto Midtown with 891 units, Y&S Condos with over 300 units, and The Art Shoppe with over 625 units, creating a substantial nearby residential population and strong demand for local retail and services.
Directly across the street is Farm Boy and Staples. Just a short block from Eglinton subway station and the Eglinton Crosstown LRT, the property offers outstanding transit accessibility. The first-floor retail space is leased to a high-quality tenant.
The second floor features two renovated, two-bedroom apartments in like-new condition, both currently vacant and ready for occupancy or leasing. Each two bedroom apartment features a three-piece bathroom with a stand-up shower, its own dedicated laundry equipment, a fridge and stove, and abundant natural light from numerous windows and skylights. The electrical system has been recently upgraded, with separate hydro meters for each apartment and the ground-floor retail space.
One rear parking space adds further convenience. In addition to its strong income potential, the property offers potential long-term redevelopment value in a rapidly intensifying Midtown corridor surrounded by high-density residential projects and excellent transit infrastructure. Buyers are encouraged to investigate future development possibilities, subject to applicable zoning, planning approvals and municipal requirements.
An exceptional opportunity for investors seeking a versatile income-producing property with potential long-term upside in a premier Yonge Street location. Please do not approach the retail store or contact staff.
Property summary
- MLS® number
- C14102746
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Size
- 3,320 sq ft
- Land size
- 20.16 x 89.83 FT
- Annual property taxes
- $29,463.00
- Parking
- 1 space
- Days on market
- 18 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $2,999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.