514 Yonge Street Toronto, Ontario M4Y 1X9
$50 / ft2
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. (id:55460)
Property Details
| MLS® Number | C12906962 |
| Property Type | Retail |
| Community Name | Bay Street Corridor |
| Amenities Near By | Public Transit |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1245 Sqft |
| Size Interior | 1,245 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Zoning Description | Commercial |
Broker
(647) 407-8728
(647) 407-8728
720 Spadina Avenue #314
Toronto, Ontario M5S 2T9
(416) 504-4400
(416) 504-3033
Salesperson
(416) 504-4400
720 Spadina Avenue #314
Toronto, Ontario M5S 2T9
(416) 504-4400
(416) 504-3033
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August 16 2026 09:29:19
Toronto Regional Real Estate Board
Gitalis Real Estate Inc.