REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
2 Baths
1,245 SqFt
-
2 Baths
1,245 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Rent
Square Footage 1,245 sqft
Municipality Toronto C01
Subdivision Bay Street Corridor
MLS Listing ID C12906962
Annual Tax Amount $32
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
Prime Yonge Street retail opportunity at 514 Yonge Street, ideally located just one block south of Wellesley Station in the heart of downtown Toronto. This high-visibility storefront offers excellent exposure along one of the city's busiest pedestrian and transit corridors, surrounded by established retailers, restaurants, residential towers, offices and ongoing intensification. Previously operated as an Asian-inspired tea house, the space offers a distinctive interior with character and provides an excellent foundation for a variety of retail, café, food, beverage, wellness or service-oriented concepts. The premises feature a functional main-floor layout with direct Yonge Street frontage and signage opportunities, plus a usable basement providing valuable additional space for storage, preparation, staff areas or other ancillary uses. Exceptional accessibility with Wellesley Subway Station approximately one block north and the Yonge/Bloor and College Street neighborhoods within easy walking distance. Strong daytime, evening and weekend pedestrian traffic generated by the surrounding residential population, businesses, Toronto Metropolitan University, nearby institutions and destination retail. An excellent opportunity for an operator seeking a recognizable Yonge Street address, strong street presence, transit access and additional lower-level space in one of downtown Toronto's most active mixed-use neighborhoods.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Available
Others
Security Features Yes
ParcelsYN No
Listed by GITALIS REAL ESTATE INC.
Nearby Locations
GET MORE INFORMATION