Yonge and Ellerslie A prime retail investment opportunity is available at 5250 Yonge Street in the heart of North York, Toronto. This vacant retail condominium offers approximately 52,000 square feet on the second floor of a new mixed-use development, with the flexibility to be divided into smaller units. Situated within the Upper Market podium of Ellie Condos, a 31-storey residential tower, and adjacent to an 11-storey office building, the property is ideally positioned in a vibrant, high-density community. The space provides 21-foot clear ceiling heights and 22-foot column spacing, allowing for efficient and customizable layouts. Convenient underground parking is available for retailers and visitors, complemented by three drive-in loading bays and two large freight elevators that ensure smooth operations. With 309 residential units above and 120,000 square feet of office space next door, the property benefits from a strong built-in customer base and reliable daily traffic. Located just 250 metres from North York Centre subway station and minutes from Highways 401, 404 and 407, the site offers excellent regional accessibility. The surrounding five-kilometre trade area is home to more than 350,000 residents with strong household incomes, supporting consistent retail demand. Built to Tier 2 of the Toronto Green Standard, the building incorporates sustainable design features that help reduce operating costs and add long-term value. With scale, flexibility, and immediate leasing potential, 5250 Yonge Street is a compelling retail investment in one of Torontos most dynamic urban neighbourhoods. (id:27476)
