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]