Page 1
FOR SALE & LEASE
YONGE STREET RETAIL9471 Yonge Street, Richmond Hill
OVERVIEW | SITE-PLAN | MAP | PHOTOS
ELVIE ANTONACCI*Senior Associate 416 756 [email protected]
MARK MCLAUGHLIN*Vice President 416 756 [email protected]
ADAM BRONSON*Vice President 416 756 [email protected]
CUSHMAN & WAKEFIELD ULC1100-3100 Steeles Avenue East Markham, Ontario L3R 8T3 cushmanwakefield.com
Cushman & Wakefield ULC, Brokerage. Copyright © 2019, All Rights Reserved. These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation. *Sales Representative
Page 2
FOR SALE & LEASE
YONGE STREET RETAIL9471 Yonge Street, Richmond Hill
Cushman & Wakefield ULC, Brokerage. Copyright © 2019, All Rights Reserved. These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation. *Sales Representative
Lease Rates (All Unit Sizes)
Sale Pricing (All Unit Sizes)
Demographics
ASKING NET RENT ADDITIONAL RENT
$ 37.00 PSF$ 12.00 PSF + HST
(2018 estimate), utilities extra
ASKING SALE PRICE
$ 825.00 PSF
1 KM 3KM 5KM
Population 14,048 93,184 214,445
AVG. HH Income $78,008 $113,449 $117,728
% Population Change 9.84% 8.44% 8.70%
Project
• 15 storey, two tower design rising from a six storey podium
• 452 residential suites and ground level retail (All residential units are sold)
Location
• Located at a signalized intersection at the corner of Yonge Street and Observatory Lane (just north of 16th Avenue)
• All units face Yonge Street
OVERVIEW N. BLOCK S. BLOCK MAP PHOTOS
Pricing Structure
Retail Opportunity
• Two blocks (North & South) of ground floor retail units consisting of a total of 22,659 SF
• 11 foot ceiling heights• Units are offered for sale or lease• Zoning permits a range of retail, office, medical,
and personal service uses. Café use may be permitted subject to some zoning limitations
• Ample on site commercial tenant and visitor parking at grade level
• Commercial common area washrooms included Some units may be combined
Page 3
FOR SALE & LEASE
YONGE STREET RETAIL9471 Yonge Street, Richmond Hill
Cushman & Wakefield ULC, Brokerage. Copyright © 2019, All Rights Reserved. These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation. *Sales Representative
Project N
o.901 K
ing Street W
est, Suite 701
Toronto, ON
M5V
3H5
Quadrangle A
rchitects Limited
XPRESSIO
N C
ON
DO
S ON
YON
GE
9471 Yonge S
treet
Richm
ond Hill, O
N
10060
18 Decem
ber 2014
Ground Floor P
lan
101
103
106
108
UNIT # *SIZE (SF) SALE PRICE
101 2,363 $ 1,949,475.00
(SOLD) 102 1,449 $ 1,195,425.00
103 1,570 $ 1,295,250.00
(LEASED) 104 1,170 $ 965,250.00
(LEASED) 105 1,224 $ 1,009,800.00
106 1,740 $ 1,435,500.00
(SOLD) 107 1,134 $ 935,550.00
108 1,831 $ 1,510,575.00
TOTAL 7,504 SF AVAILABLE
North Block
SOLD
SOLD
LEASED
LEASED
YON
GE STR
EET
OBSERVATORY LANE
Please Note:
• Block A & B units are being offered for sale or lease
* All unit sizes are gross floor area estimates which include the estimated net usable area of the unit plus an added percentage share of commercial common areas and washrooms (highlighted in orange)
Commercial Owner Units & Parking
Commercial Common Areas
Commercial Entrances
Commercial Owner access within Building
Residential Building
Unit may be combined via wall openings
OVERVIEW N. BLOCK S. BLOCK MAP PHOTOS
Click here to view full site-plan
Page 4
FOR SALE & LEASE
YONGE STREET RETAIL9471 Yonge Street, Richmond Hill
Cushman & Wakefield ULC, Brokerage. Copyright © 2019, All Rights Reserved. These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation. *Sales Representative
OVERVIEW N. BLOCK S. BLOCK MAP PHOTOS
UNIT # *SIZE (SF) SALE PRICE
109 1,498 $ 1,235,850.00
(SOLD) 110 984 $ 811,800.00
(SOLD)111 991 $ 817,575.00
(LEASED)112 1,476 $ 1,217,700.00
113 1,501 $ 1,238,325.00
114 1,564 $ 1,290,300.00
115 2,164 $ 1,785,300.00
TOTAL 6,727 SF AVAILABLE
South Block
Project N
o.901 K
ing Street W
est, Suite 701
Toronto, ON
M5V
3H5
Quadrangle A
rchitects Limited
XPRESSIO
N C
ON
DO
S ON
YON
GE
9471 Yonge S
treet
Richm
ond Hill, O
N
10060
18 Decem
ber 2014
Ground Floor P
lan
109
113
114
1 15
SOLD
SOLD
LEASED
Click here to view full site-plan
YON
GE STR
EET
Please Note:
• Block A & B units are being offered for sale or lease
* All unit sizes are gross floor area estimates which include the estimated net usable area of the unit plus an added percentage share of commercial common areas and washrooms (highlighted in orange)
Commercial Owner Units & Parking
Commercial Common Areas
Commercial Entrances
Commercial Owner access within Building
Residential Building
Unit may be combined via wall openings
Page 5
Cushman & Wakefield ULC, Brokerage. Copyright © 2019, All Rights Reserved. These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation. *Sales Representative
ELVIE ANTONACCI*Senior Associate 416 756 [email protected]
MARK MCLAUGHLIN*Vice President 416 756 [email protected]
ADAM BRONSON*Vice President 416 756 [email protected]
CUSHMAN & WAKEFIELD ULC1100-3100 Steeles Avenue East Markham, Ontario L3R 8T3 cushmanwakefield.com
OVERVIEW N. BLOCK S. BLOCK MAP PHOTOS
FOR SALE & LEASE
YONGE STREET RETAIL9471 Yonge Street, Richmond Hill
UNITS
SOUTH VIEW
OBSERVATORY LANE
YONGE STREET
HILLCREST MALL
