5169&5171 Yonge Street
Toronto C14, ON
- 5,521 sqft
- Commercial Retail
- 110 days on market
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.
Listing Details
- Taxes (2025)
- $71,508
- Listed
- May 15, 2026
Price History
Property
- Age
- 51-99
- Lot Size
- 46.3 x 120.1 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Yonge/Empress
- Zoning
- CR (Commercial and Residential)
- Parcel Number
- 100820177
- Possession
- Other
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Retail Store Related
- Office / Apartment Area
- 600 Sq Ft
Community
Postal area M2N
- Population
- 75,100
- Private dwellings
- 36,968
- Median age
- 38
- Average household size
- 2.2
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C14 · last 12 months
- Median sold price
- $661,500
- Homes sold
- 854
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 854 recorded sales of commercial properties in Toronto C14 over the last 12 months.
Listed by
CENTURY 21 HERITAGE GROUP LTD.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 5,521 sq ft
- Price per sq ft
- $2,153.39
- Annual property tax
- $71,508
- Tax per sq ft
- $12.95
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?