JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 52
Retail
Yonge & Bloor Street-Front Retail
Toronto, ON
Address
687 Yonge St.
Property Type Street-Front Retail
Close Date May-2018
Sale Price $5,525,000
Area (sf) 1,480
$PSF $3,733
Vendor Confidential
Purchaser HR Property Holdings Ltd.
• Single-tenant, 1,480 sf Korean restaurant on
Yonge St., one block south of Bloor St.
• Located steps from Toronto’s busiest
intersection and the city’s most active public
transit hub (after Union Station)
• The property sold at a record high price per
square foot and an extremely aggressive cap
rate
Elliot Medoff
+1 416 238 9768
[email protected]
52
Euan Darling
+1 416 238 9961
[email protected]