Toronto, ON M2N 5S1,5441 Yonge St
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Toronto, ON M2N 5S1,5441 Yonge St
Toronto, ON M2N 5S1,5441 Yonge St
Toronto, ON M2N 5S1,5441 Yonge St
Toronto, ON M2N 5S1,5441 Yonge St

$3,975,000

Est. payment /mo

$3,975,000

Est.Price: ?

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5441 Yonge St Toronto, ON M2N 5S1

2,872 SqFt

SOLD DATE : 06/16/2024

Key Details

Sold Price $3,975,000

Property Type Investment

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

Square Footage 2,872 sqft

Price per Sqft $1,384

Subdivision Toronto C14

MLS Listing ID C8203250

Annual Tax Amount $33,007

Tax Year 2023

Lot Size 2,872 Sqft

Property Sub-Type Investment

Property Description

Commercial retail and residential asset located at 5441 Yonge Street, strategically situated in the heart of North York, the Property showcases 22 feet of prime Yonge Street frontage, with direct access to Finch TTC station located just 300 meters to the north. 5441 Yonge Street is improved with a two (2) storey mixed-use asset, totalling 2,872 square feet (SF), comprised of two (2) commercial units and one (1) residential unit. The Property is 100% occupied by a mix of local businesses, with a weighted average lease term (WALT) of 2.8 years, offering stable in-place income with significant rental upside upon lease expiries and long-term assembly and redevelopment potential.

Location

Province ON

County Ontario

Community Willowdale East

Area Toronto

Zoning CR (Commercial Residential)

Interior

Heating Gas Forced Air Open

Cooling Y

Exterior

Parking Features Lane

Building

Water Municipal

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Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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