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CBRE Limited, Real Estate Brokerage | 145 King Street West | Suite 1100| Toronto, ON M5H 1J8 | 416 362 2244 | www.cbre.ca
PREMIUM URBAN RETAIL | YONGE & BLOORFOR SALE
817yonge street
THE OFFERINGCBRE Limited (“CBRE”) on behalf of 817 Yonge Street Inc. is pleased to offer for sale 817 Yonge Street, Toronto (the “Property”). The Property is comprised of 9,067 sq.ft. of leasable retail space, with over 70 feet of frontage on Yonge Street. 817 Yonge Street is strategically located on Yonge, just north of Yorkville Avenue in the prestigious Bloor-Yorkville neighbourhood.
The Property has corner exposure and is steps from the luxury shops, restaurants and amenities of Bloor-Yorkville. Bloor-Yorkville is Canada’s premier luxury retail corridor and a rapidly intensifying node. 817 Yonge Street is poised to benefit from the node’s transformative growth, with numerous high profile developments both completed and under construction surrounding the Property. There are more than 8,000 units in various stages of the development process, complemented by more than 7.4 million sq. ft. of office space.
BLOOR STREET WEST
YONGE STREET
YORKVILLE AVENUEBAY STREET
TENANT 2
TENANT 3
TOTAL AREA
29.3M [96'-2"] TENANT 1
COMMONAREA
STORAGE
ArchitectsPoint.
ww
w.pointarchitects.ca
mail@
pointarchitects.caFax: (416) 440-1404Tel.: (416) 440-0058
M4S
2M3
Toronto, Ontario
Suite 200
522 Mt. P
leasant Road
YON
GE STR
EET
UNIT 11,996 SF
UNIT 22,440 SF
UNIT 32,183 SF
Mezzanine1,637 SF
66'-7"
84'-7
"
50'-10"
26'-5"
6'-11"
10'-7
"
6'-11"
9'-9
"
20'-9"
64'-1
1"
18'-4
"
21'-1"7'-10"
12'-6
"
8'-0"
12'-6
"
15'-6"
12'-6
"
11'-7"
12'-6
"
31'-10" 4'-0
"
13'-9
"
9'-6"
25'-4"
18'-11"
23'-9
"
21'-11 34 "
8'-2"
7'-29 16
"
13'-5
"
11'-21516"
16'-2
1516
"
11'-4
"
6'-11"
14'-4
"
4'-11"
8'-1
1"
11'-5"
9'-1"
11'-1
1"
PROJECT: DRAWN BY: CHECKED BY:
DATE SITE DATE DRAWN:
PROJECT #: SCALE: NTS
FLOOR: 1 & Mezzanine UNIT #: na
AREA:
MEASURED:
COMPANY:
817 Yonge St., Toronto KW KO
August 20 2017 August 28, 2017
ANSI/BOMA Z65.5-2010,RETAIL BUILDINGS STANDARD OF MEASUREMENT
Main Floor GLA: 7,430 SFMezzanine GLA: 1,637 SF
Ground Floor7,430 SF
Storage811 SF
Sizes are approximate, Buyer to verify
Ground Floor: 7,430 sq.ft. (potentially divisible into 3 units)
Mezzanine: 1,637 sq.ft.Total Size: 9,067 sq.ft.
Frontage: 70 feet (approx)
THE PROPERTY
Price: $9,000,000
Potential Demising Options:
FLOOR PLANS
66'-7"
84'-7
"
50'-10"
26'-5"
6'-11"
10'-7
"
6'-11"
9'-9
"
20'-9"
64'-1
1"
18'-4
"
21'-1"7'-10"
12'-6
"
8'-0"
12'-6
"
15'-6"
12'-6
"
11'-7"
12'-6
"
31'-10" 4'-0
"
13'-9
"
9'-6"
25'-4"
18'-11"
23'-9
"
21'-11 34 "
8'-2"
7'-29 16
"
13'-5
"
11'-21516"
16'-2
1516
"
11'-4
"
6'-11"
14'-4
"
4'-11"
8'-1
1"
11'-5"
9'-1"
11'-1
1"
PROJECT: DRAWN BY: CHECKED BY:
DATE SITE DATE DRAWN:
PROJECT #: SCALE: NTS
FLOOR: 1 & Mezzanine UNIT #: na
AREA:
MEASURED:
COMPANY:
817 Yonge St., Toronto KW KO
August 20 2017 August 28, 2017
ANSI/BOMA Z65.5-2010,RETAIL BUILDINGS STANDARD OF MEASUREMENT
Main Floor GLA: 7,430 SFMezzanine GLA: 1,637 SF
Ground Floor7,430 SF
Mezzanine1,637 SF
Yonge Street
Existing f loor plans and the condition of the premises on closing
Toronto’s Most Exclusive Residential MarketThe Bloor-Yorkville node has experienced un-paralleled residential intensification, with over 14 active projects in various stages of development and featuring some of the most contemporary architecture in Toronto. With an average sale price of over $1,709 per sq. ft., these new residential projects will reinforce the node’s retail appeal with a significantly intensified immediate trade area. There is a burgeoning condominium inventory of more than 8,000 units in various stages of the development process, complemented by more than 7.4 million sq. ft. of office space.
THE ONE RENDERING
Transformative Mixed-Use Developments Further Strengthening Node
Intensification of the node with high-end residential and retail uses in the immediate vicinity of 817 Yonge continues to enhance the Property’s long-term profile and positioning. Most notably, the $100 million redevelopment of Manulife Centre will include Canada’s first Eataly location (50,000 sq. ft.) and an additional 35,000 sq. ft. of innovative and upscale retail concepts. Additional high-profile tenants including Apple and Nordstrom Rack at the corner of Bloor Street West and Yonge Street will continue to further establish the area as Canada’s preeminent luxury retail and tourist destination.
MANULIFE CENTRE
MANULIFE CENTRE
DEVELOPMENT OVERVIEW
1 BLOOR ST EAST
1 YORKVILLE RENDERING
ACTIVE CONDO DEVELOPMENTS# Address Units
1 42 Charles Street E 470
2 50 Charles Street E 6183 825 Church Street 2854 94 Cumberland St 201
5 1 Yorkville Avenue 570
6 1 Bloor Street E 788
7 1027 Yonge Street 15
TOTAL UNITS: 2,947
PROPOSED CONDO DEVELOPMENTS# Address Units
1 50 Bloor Street W 600
2 80 Bloor Street W 5653 1 Bloor Street W 415
4 48 Scollard Street 112
5 100 Davenport Rd 53
6 771 Yonge Street 257
7 + an additional 9 proposed projectsTOTAL UNITS: 5,156
1 Bloor St West
50 Bloor St West
100 Davenport Rd
1027 Yonge Street
7
3
5
1
2 3
4
5
6
64
12
~8,103 New Condo Units in the Immediate
Area
yorkville Avenue
CumberlAnd street
bloor street West
sCollArd street
dAvenPort roAd
bA
y str
eet
HA
zelto
n Av
enu
e
yo
ng
e str
eet
Bloor-YorkvilleCanada’s Most Prestigious Neighbourhood
SORR
Y CO
FFEE
KASA
M
OTO
FREE
PEO
PLE
OFF
WH
ITE
AM
BER
REST
AU
RAN
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CH
RIST
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UTI
N
PIN
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J C
REW
FIO
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UY
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PLANTA
CALII LOVE
ARCHIVES
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E SP
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OO
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PPLE
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DEVELOPMENT SITE
SEPH
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ABB
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A 1 BLOOR EAST
NORDSTROM RACK
MCEWAN’S
HUDSON’S BAY
YONGE STREET
817 Yonge Street
BLOOR STREET
BAY STREET
49,019 peoplelive within 1 km of 817 Yonge Street
11 % increasein population between 2018-2023,
bringing the population up to 54,416*
$158,905average household income, and expected to
increase to $188,548 by 2023*
*1 km radius (2018)
BLU
RES
TAU
RAN
T
AJI SAI SUSHIPETALS
SUBJECT PROPERTY
1 YORKVILLEDEVELOPMENT
SITE
TORONTOREFERENCE LIBRARY
CANADIAN TIRE
bA
y str
eet
CumberlAnd street
yorkville Avenue
BALZ
AC
’S C
OFF
EE
MARRIOTTHOTEL
STARBUCKS
TEMPLE & TEMPLE
dAvenPort roAd
33 YORKVILLEDEVELOPMENTSITE
bellA
ir street
HIGH END RESIDENTIAL
HIGH-END RESIDENTIAL
CH
ABR
OL
DIE
SEL
LOLE
AN
THRO
POLO
GIE
THE REGENCY
RESIDENCES
MINTO YORKVILLE
DEVELOPMENT
SALO
N D
EW
BRO
WH
OU
SE
THE PLASTIC SURGERY CLINIC
JIM
MY
CH
OO
VERS
AC
E
BRU
NEL
LOC
UC
INEL
LI
KITO
N
TORONTOCORPORATE
SUITESBB BUGGY
YORKVILLE CREPES
OG
GI S
ALO
N
CA
NA
DIA
N F
INE
ART
S G
ALL
ERY
CU
STO
M T
AIL
ORS
YORK
VILL
EBA
RBER
SHO
PVERA WANGMINDHAM JEWELLERY
GIO
VAN
NI
SATO
RIH
EALT
H
LA C
URE
SOKO
LOFF
LAW
YERS
DEC
O D
EM
OD
E
GRA
ND
JEW
EL-
LERY
DEMOGRAPHICSToronto’s Bloor-Yorkville area exhibits among the best figures in terms of economic prosperity and growth in the GTA. The 1 kilometer radius surrounding the Property supports a total population of 49,019 as of 2018. This is projected to increase 11% in 5 years vastly outpacing the average for the City of Toronto at 5.1%. There is also a trend towards increasing affluence, as strong demand for dwellings continues to drive exceptional growth in condominium values to an average of more than $1,709 per sq.ft. The 2018 average household income of $158,905 is well above Toronto’s average of $107,541.
Arlin Markowitz*Senior Vice President 416 815 2374 [email protected]
Alex Edmison*Vice President 416 874 7266 [email protected]
Jackson Turner**Senior Sales Associate 416 815 2394 [email protected]
Teddy TaggartSales Representative 416 847 3254 [email protected]
*Sales Representative, **Broker
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
Offers will be reviewed on an as received basis