About Unit 1421

2,319 square feet on main floor plus 3,000 square feet finished basement.
  • Est. Monthly Rent: Undisclosed
  • Size 2,319 SF
  • Type Retail (Street front)
  • Gross Rent Undisclosed
  • Base Rent $42.00/SF
  • Additional Rent Undisclosed
  • Lease Direct
  • Availability Now
  • Last Updated Aug 23, 2017
  • Verified On Aug 23, 2017
  • Source Melissa Germain

About 1421 Yonge Street

TerraCap purchased a store at 1429 Yonge Street in 1978 for $250,000 and purchased adjacent stores for $1.6 million in 1982. This property is located just south of the south- east corner of Yonge & St. Clair which is part of an exceptional residential neighbourhood in Toronto, between Rosedale and Forest Hill with subway access.
Over the years, it has assembled the majority of the block and now controls the addresses from 1417 to 1429 Yonge Street.
The assembly is intended for redevelopment as a mixed use condominium. Planning work is currently underway to gain approval for over 225,000 sq.ft. of residential and a further 15,000 sq. ft. of retail. The land value today is approximately $10 million and a further $10 million in development profit could be realized by constructing the condominium.
  • Transit friendly
  • Outdoor signage
  • Property Type Retail
  • Status Existing
  • Total Available Space 2,319 SF
  • Direct Available Space 2,319 SF
  • Sublet Available Space 0 SF
  • Min Divisible 2,319 SF
  • Max Contiguous 2,319 SF
  • Building Size 5,319 SF
  • Number Of Floors 1
  • Parking Ratio 1 per 500 SF
  • Managed By Terracap Management Inc.
Icon
Name, Phone and Eamil are required.

By sending, you agree to SpaceList's   Terms of Use

Congrats! Your message was sent. Keep track of your messages here

Melissa Germain

Click To Call
By clicking "Start the Call" you agree to the
Terms & Conditions
Connecting...
Success!
Call Failed. Try again later
x
Flat-mac-favourites

Organize your favourite listings

Sign up to keep track of your favourite spaces and revisit them later.

x
Flat-mac-inquiries

Manage your inquiries

Login

Resend Confirmation

Create my account