Post on 30-Jun-2020
FLAGSHIP RETAIL OPPORTUNITYAT YONGE STREET AND SHUTER STREET
229 YONGE STREET, TORONTORETAIL FOR LEASE
FOR MORE INFORMATIONPLEASE CONTACT
ASHLAR URBAN REALTY INC.Real Estate Brokerage
166 Pearl Street, Suite 300Toronto, ON Canada M5H 1L3T 416 205 9222 F 416 205 9228W ashlarurban.com
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc.**Sales Representative
CLARKE STRUTHERS*
Vice President416 205 9222 ext 254cstruthers@ashlarurban.com
JOEL GOULDING
Sales Representative416 205 9222 ext 251jgoulding@ashlarurban.com
GRAHAM SMITH*
Vice President416 205 9222 ext 225gsmith@ashlarurban.com
BRANDON GORMAN
Sales Representative416 205 9222 ext 239bgorman@ashlarurban.com
PROPERTY SUMMARY
Located directly across the street from Toronto Eaton Centre on the northeast corner of Yonge Street and Shuter Street, 229 Yonge Street features 16,571 square feet of prime retail space on three levels.
Sitting directly between Uniqlo and Nordstrom to the north (Fall 2016) and Saks Fifth Avenue to the south (Fall 2015), 229 Yonge Street boasts amazing ground floor ceiling heights and unmatched wrap-around frontage in the heart of Yonge Street’s busiest retail node.
HIGHLIGHTS
• Over 200 FT of wrap-around frontage on Yonge and Shuter Street
• Located between Uniqlo, Nordstrom and Saks Fifth Avenue, across the street from the Eaton Centre (over 1 million visitors per week), and steps from Yonge-Dundas Square, Ryerson University and Atrium on Bay
• Incredible branding and signage opportunity with corner exposure
• 20 FT ceiling heights on the ground floor, 12 FT ceilings heights on the second floor
• Neighbouring businesses include: Urban Outfitters, Payless ShoeSource, Burger King, Vans, Footlocker, Tim Hortons, HomeSense and Designer Shoe Warehouse
• Steps to Queen and Dundas Subway Stations
DETAILS
ASKING RATE Call agents to discuss
ADDITIONAL RATE $17.02 PSF (est. 2015)
TERM 10+ years
OCCUPANCY Immediately
AVAILABLE SPACE Ground Floor: 5,223 SF Second Floor: 5,413 SF Lower Level: 5,935 SF Total: 16,571 SF
229 YONGE STREET
TRANSPORTATION MAP | YONGE STREET OVERVIEW
• 565,000 people work and 175,000 live within a 10 minute walk of Yonge and Dundas
• Ryerson University brings close to 115,000 students and faculty to the district, while the three subways stations in Downtown Yonge: College, Queen and Dundas represent more than one third of all the downtown subway traffic on any weekday and transport around 50 million people a year into the area
• 41,000 office workers come into Downtown Yonge every day for work, with retail sales potential estimated at $265 million a year
• Foot traffic on the corner of Yonge and Dundas Streets peaks at 53,000 pedestrians a day
• In 2013, the total retail sector in Downtown Yonge was approximately 4.2 million square feet for both street-front and shopping centre space. The largest retail categories are restaurants, bar and bistros, fashion and services
• Pedestrian traffic represented 68% of traffic in Downtown Yonge, while vehicles represented 32% (2014)
LOCATIONMAP Pedestrian Walkway
Nail SalonBagel TimeSweet & Natural VitaminsCity DentalStarbucks
Banh Mi Boys SandwichesAll LeatherBarclay Jewellery
AteazeThe Big Slice PizzaDoner Kebab House
Instaloan VIP BillardsSushi Tower Noori Extension
Jackson's BurgerThai Express / Villa Mad.
Canada GiftsMoney Mart
Sports CentreAden Love Shop
Made in ChinaKorean Grill HouseXTCSalon LiberteUltimate TatooFido
Katie Buffet PalaceGlass Head Tattoo Wanda's Waffles
Shoe Tree ZanzibarThe Accessory BarPerfect Threading
House of KebobsGinger
Pizza Pizza
American ApparellAvailable
Ardene / Mamma'sAldo
Marble Slab7-Eleven
HMVFive Guys Burgers & FriesDavid's TeaFuture ShopChipotle Mexican Grill
Pickle Barrel RogersWatch It!
Three BrewersPopeyes Louisiana ChickenAsian BowlEB GamesEd Mirvish TheatreTim HortonsDowntown Jewellery MartParamount Fine Foods
VansBurger KingMoney MartAvailablePayless ShoeSource
Natural Solutions
Starbucks
Firkin on YongeHeritage Building
DanierSmart Set Elgin Theatre
Armani Exchange Addition ElleBank of MontrealLa Prep
CIBCYonge PharmacyPatient Networks Clinic
The Bay
Atmosphere
Queen Street East
Available
Shuter Street
Tangerine
Designer Shoe Warehouse
Baton Rouge
HomeSense
TOR
ON
TO E
ATO
N C
EN
TRE
H&M
Yon
ge S
tree
t
Yonge / Dundas Square
Hard Rock Café
Footlocker
Roots
Urban Outfitters
City Kitchen
The Massey Tower
Yon
ge S
tree
t
Tea Shop 168
Swiss Chalet
McDonald's
Play De RecordCash Money
Dundas Street East Dundas Street East
Aden Camera (348 Yonge Street)
Elm Street
Ryerson University Student Centre
Panera Bread (322 Yonge Street)
GoodLife Fitness, Shark Club, Jack Astor's, Milestone's
Richmond Street East
Saks Fifth Avenue
Pedestrian Walkway
Aura Condos Bed Bath & Beyond,
Marshalls
Entrance to Aura
BMO
RBC
Champs
Gould Street
Available
Edward Street
Atrium on Bay 595 Bay Street
Boathouse
Available
Nordstrom
Uniqlo
Available
Duke's Refresher
BarScaddabush Reds Tavern
AdidasForever 21
Elephant & Castle(378 Yonge Street)
Evergreen Mission
Walton StreetRemington's
Gerrard Street Gerrard Street
DEVELOPMENTMAP
GERRARD STREET
YO
NG
E S
TR
EE
TY
ON
GE
ST
RE
ET
RICHMOND STREET WEST
QUEEN STREET WEST
SHUTER STREET
DUNDAS STREET WEST
EDWARD STREET
ELM STREET
GOULD STREET
1
2
3
4
6 8A
B
C
D
7
YONGE STREET
RETAIL DEVELOPMENTS
250 Yonge Street1 - Uniqlo (28,000 SF)2 - Nordstrom (231,000 SF)3 - Saks Fifth Avenue (150,000 SF)4 - Commercial Redevelopment (35,000 SF)
335 Yonge Street5 - Commercial Redevelopment (65,000 SF)
388 Yonge Street6 - Aura (185,310 SF) • Bed Bath & Beyond • Marshalls • Reds, Scaddabush and Duke’s Refresher Bar
Yonge & Gould Street7 - Ryerson Learning Centre (2,676 SF) • Retail - 2,676 SF • Commercial - 155,464 SF
401 Yonge Street8 - Commercial Redevelopment (11,200 SF)
YONGE STREET
RESIDENTIAL DEVELOPMENTS
388 Yonge StreetA - 78 storeys / 985 units (AURA)
19-21 Dundas SquareB - 39 storeys / 245 units
197 Yonge StreetC - 60 storeys / 699 units
2 Queen Street WestD - 65 storeys / 580 units
20 Edward StreetE - Large Scale Redevelopment Application
RICHMOND STREET EAST
QUEEN STREET EAST
5E
DEMOGRAPHICS0.5 KILOMETER 1.5 KILOMETER 3 KILOMETER
SUMMARY
2009 Total Population 7,645 87,622 234,536
2014 Total Population 10,005 108,879 272,335
2019 Total Population 12,378 127,173 303,959
2014-2019 Annual Rate 4.35% 3.15% 2.22%
2009 Households 4,492 51,037 127,401
2009 Average Household Size 1.64 1.64 1.77
2014 Households 5,980 64,770 153,283
2014 Average Household Size 1.61 1.61 1.71
2019 Households 7,518 76,981 175,124
2019 Average Household Size 1.58 1.59 1.67
2014-2019 Annual Rate 4.68% 3.51% 2.70%
2009 Families 1,565 16,693 48,790
2009 Average Family Size 2.42 2.42 2.53
2014 Families 2,047 21,060 56,844
2014 Average Family Size 2.45 2.44 2.50
2019 Families 2,521 24,918 63,682
2019 Average Family Size 2.55 2.51 2.54
2014-2019 Annual Rate 4.25% 3.42% 2.30%
2009 DWELLINGS 4,492 51,037 127,401
Owned Dwellings 1,732 18,008 46,844
Rented Dwellings 2,760 33,029 80,557
Band Housing 0 0 0
2014 DWELLINGS 5,980 64,770 153,283
Owned Dwellings 2,169 23,592 58,457
Rented Dwellings 3,811 41,178 94,826
Band Housing 0 0 0
2019 DWELLINGS 7,518 76,981 175,124
Owned Dwellings 2,801 28,914 68,692
Rented Dwellings 4,718 48,067 106,433
Band Housing 0 0 0
AVERAGE HOUSEHOLD INCOME
2009 $83,632 $71,222 $86,111
2014 $96,183 $89,636 $104,943
2019 $114,972 $110,748 $126,431
PER CAPITA INCOME
2009 $49,140 $41,484 $46,776
2014 $57,489 $53,323 $59,067
2019 $69,831 $67,039 $72,842
MEDIAN AGE
2009 32.94 34.48 34.73
2014 34.84 35.79 36.15
2019 37.73 38.27 38.51
FLOORPLANS
GROUND FLOOR - 5,223 SF SECOND FLOOR - 5,413 SF LOWER LEVEL - 5,935 SF
N
YONGE STREET
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS