About 508 Yonge Street

Institutionally owned and managed, three (3) storey retail and multi-residential asset, situated on a 1,927 sf parcel of land. The property features 15.6 feet of frontage along Yonge Street and offers direct access to higher order transit with the Wellesley TTC subway station a short walk away. This asset provides stable cash flow with immediate upside through lease-up of the vacant, 'turnkey' residential units, which have recently been renovated. Additionally, if there is interest in vacating the current commercial tenant, the retail lease contains a landlord-favorable termination option.

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