RETAIL SPACE
Retail Spaces with over 200 ft. of Premium Yonge Street Frontage
RETAIL OFFERING
Construction on this 27-storey residential tower at Yonge & Steeles will conclude this year, with residential occupancy complete.
RETAIL UNITS
SQUARE FOOTAGE (CUSTOMIZABLE)
FRESH AMENITIES
Parking
Ample parking; 26 surface level parking spots as well as 30 underground parking spots that includes Tesla charging stations and rainwater carwash for best-in-class efficiency and sustainability.
Green Space
A new ¾ acre park serves as the backyard for your customers and team members. Lush green space surrounding your business serves as a serene oasis in the heart of this bustling neighbourhood.
OWNERSHIP BENEFITS
BUILD EQUITY
When paying down the principal you are building equity in your business. The same does not apply when you are leasing your space.
PREDICTABLE COSTS
With stable long-term mortgage rates, as an owner you can expect to reduce costs and limit financial uncertainty. Leased spaces can be subject to unexpected rent increases and market uncertainty.
TAX BENEFITS*
Depreciation from an owned unit may be written off as operating and mortgage interest expenses.
STABILITY
As the owner of your office space, you never have to worry about someone else asking you to vacate.
CAPITAL BENEFITS*
Capital investments in the unit increases the value whereas improvements made to leased units only benefit the landlord.
When paying down the principal you are building equity in your business. The same does not apply when you are leasing your space.
LONG TERM BENEFITS
With stable long-term mortgage rates, as an owner you can expect to reduce costs and limit financial uncertainty. Leased spaces can be subject to unexpected rent increases and market uncertainty.
An owned unit is an investment that can be rented to a third party or sold.
* Prospective purchasers are advised to speak with their own counsel for tax, financial and legal advice