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$11,888,888
Ontario,Toronto (Willowdale East)
For Sale Active
5169&5171 YONGE STREET, Toronto (Willowdale East), Ontario M2N5P5
  • 5,521 Sqft
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Basic Details
Description

REDEVELOPMENT SITE WITH UP TO 65-STOREY POTENTIAL-YONGE ST, NORTH YORK CENTRE FOR SALE! A rare opportunity to acquire a fully tenanted commercial office and retail building on a high-profile site along Yonge Street, in the heart of North York Centre. The property is identified under the revised North York Centre Secondary Plan as potentially eligible for development of up to

65 storeys, making it one of the few remaining sites in the area suitable for significant high-density, mixed-use redevelopment. KEY ATTRIBUTES: STRATEGIC LOCATION WITH DIRECT TRANSIT ACCESS Located steps from North York Centre Subway Station, North York Civic Centre, and the Toronto Central Library, the site offers seamless integration into Toronto’s public transit network. It is also within minutes of Highway 401, facilitating access for both regional and citywide commuters. The area functions as Toronto’s largest employment node outside the downtown core, supporting both commercial and residential intensification. REDEVELOPMENT COMPATIBILITY: The property at 5169& 5171 Yonge St. is situated within a section of Yonge Street already surrounded by high-rise residential buildings, Class-A office towers, and major retail developments, making it an ideal candidate for additional density in line with the City of Toronto’s growth and intensification objectives. INCOME-PRODUCING ASSET WITH INTERIM VALUE: The existing structure is fully leased to a mix of long-standing commercial and professional tenants, providing reliable holding income during the planning and development process. The property includes 11 on-site parking spaces, with ample public and street parking available in the immediate vicinity. SCARCE REDEVELOPMENT INVENTORY IN CORE LOCATION: Most comparable sites in the area have already been developed, making this property one of the last large-scale parcels along this stretch of Yonge Street, offering a unique opportunity for long-term strategic development. Do Not Contact Tenants Directly. (id:62783)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C13134996
  • Price: $11,888,888
  • Square Footage: 5,521 Sqft
  • Status: Active
  • Office Name: CENTURY 21 HERITAGE GROUP LTD.
  • Property Sub Type: Retail
  • Office Key: 150284
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Radiator
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Willowdale East), M2N5P5
  • Street: Yonge
  • Street Number: 5169&5171
  • Street Suffix: Street
  • Longitude: W80° 35' 14''
  • Latitude: N43° 46' 11.8''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 46.3 x 120.1 FT
Financial
  • Tax Annual Amount: 71508
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Listing updated: 2026-07-12 16:57:02
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Listing Information
  • List Agent Key: 2072409
  • List Office Key: 150284
  • Modification Timestamp: 2026-06-04T19:45:21Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-04T19:36:12Z
Powered by REALTOR.ca
Listing updated: 2026-07-12 16:57:03
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