13,905
ft2
Retail
Sale/Purchase
Contact us for price
Description
221 Yonge Street & 5-7 Shuter Street (the “Property” and/or “221 Yonge”) represents an exceptional opportunity to acquire a 100% leasehold interest in a boutique “brick and beam” building situated in Toronto’s Downtown Core (the “Offering”). This historic three-storey building was originally constructed in 1886 and housed a range of tenants over the past century, including the Yonge Street Mission, Catto’s dry goods store, and most recently the flagship Toronto location for Tangerine Bank. 221 Yonge represents a rarely available opportunity to acquire a prime corner property, directly adjacent to CF Toronto Eaton Centre, and west of Toronto’s famous Massey Hall music venue.
Amenities
- BUILDING AREA
- 13,905 square feet
- SITE AREA
- 5,340 square feet (0.12 acres)
- NUMBER OF STOREYS
- 3 (plus lower level)
- FRONTAGE (YONGE)
- 56 feet
- FRONTAGE (SHUTER)
- 95 feet
- AVERAGE FLOOR PLATE
- ~5,000 square feet
- LAND LEASE EXPIRY
- April 2033 (April 2096 with renewal options)