7181 Yonge Street

Property facts

Price

$490,000

Type

commercial retail

Bedrooms

0

Bathrooms

0

Size

659 sq ft

MLS®

N13516544

Status

active

Brokerage

CENTURY 21 HERITAGE GROUP LTD.

About this home

Rare opportunity to acquire 2 adjoining corner commercial units (#91 - 373 sq. ft. and #92 - 286 sq. ft.; total 659 sq. ft.) in the prestigious World on Yonge mixed-use complex at Yonge & Steeles. Situated in one of the mall's best main floor locations, the units feature a fully renovated interior with 3 private treatment rooms, a washroom, a manicure area and a pedicure area, and floor-to-ceiling frameless glass storefronts, providing excellent visibility and strong pedestrian traffic. These units are ideal for medical, wellness, professional office, retail, or a wide range of service-oriented businesses. Currently leased to an AAA Tenant (well-established wellness clinic) under a long-term lease, generating $3,000/month + HST, offers immediate, stable cash flow. An excellent opportunity for investors, with future owner-user potential. World on Yonge is a vibrant mixed-use destination combining retail, restaurants, a food court, offices, a hotel, and residential towers. The mall is directly connected to four residential towers with over 1,200 residents and anchored by major tenants including RBC, a supermarket, a pharmacy, restaurants, and a variety of retail and professional services, ensuring consistent daily traffic. Excellent accessibility with TTC, Viva Transit, and Highway 407 just minutes away. Condo Fees: Unit #91 - $570.31/month | Unit #92 - $437.26/month. Property Taxes: Unit #91 - $3,934.87/year | Unit #92 - $3,065.92/year. Do not miss the Opportunity to Own A turnkey commercial investment in one of Thornhill's most established mixed-use developments.

Location