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574-576 YONGE STREET, Toronto, Ontario, M4Y 1Z3

MLS® # C8294904
Commercial For Sale In Bay Street Corridor, Toronto, Ontario
$5,900,000
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
574-576 Yonge Street, Toronto, ON
  • Advertising
ACTIVE
574-576 YONGE STREET, Toronto, Ontario, M4Y 1Z3
$5,900,000

Property Information:

:A Fantastic Opportunity To Buy And Invest In A Piece Of Toronto's Iconic Yonge St. (Two Buildings 574-576 Yonge St) Exceptionally Vibrant, Historically Profitable And Currently Under Transformation, Yonge St Has Consistently Been An Excellent Investment For Both End Users And Investors Alike. Supported By A Strong Pedestrian Traffic, Solid Income Demographics, High Density Neighborhoods, One Of A Kind Street Exposure And Great Transit Options, This Stretch Of Yonge St Is Expected To Continue To Thrive And Outperform. This 3 Storey Mixed Use Building Consists Of 4250 Sq Ft Of Rentable Area Plus Basement, Extra Wide Frontage Of 25"" And A Total Lot Size Of 1927 Ft. Situated In Toronto's ""Mixed Use"" Official Plan Area This Building Has A Favorable Cr (Commercial Residential) Zoning Which Permits A Broad Range Of Uses. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 4250 Square Feet
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 6
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 4250.00 Square Feet
  • Irregular: Yes
  • Lot Size: 25 x 77 FT

REALTOR.ca  

Location of 574-576 YONGE STREET, Toronto, Ontario, M4Y 1Z3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 574-576 YONGE STREET , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 574-576 YONGE STREET , experiences 11 significant 2-day storms per year, with about 295.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 366.4mm of precipitation per year.

Precipitation Per Storm

Past
295.1mm
2050
366.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 574-576 YONGE STREET, Toronto, Ontario, M4Y 1Z3

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$121,957.64

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

3.79 %

High school certificate or equivalent

20.99 %

Apprenticeship trade certificate/diploma

1.31 %

College/non-university certificate

11.0 %

University certificate (below bachelor)

3.3 %

University Degree

59.61 %

Commuter

Travel To Work

By Car

23.31 %

By Public Transit

26.84 %

By Walking

40.77 %

By Bicycle

4.26 %

By Other Methods

4.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

98.68 %

Houses

1.32 %

Own Vs. Rent