2323 & 2329 Yonge Street_Property for Sale
2323 & 2329 Yonge Street_Property for Sale

2323 & 2329 Yonge Street

2323 Yonge Street, Toronto, ON, M4P 2C9, CA

Description

2323 & 2329 Yonge Street, Toronto, Ontario (the “Property”, “Site”) presents an opportunity to acquire a 100% interest in an institutionally owned and managed eight-storey office building and single-tenant retail asset with approved high-density residential redevelopment plans. Located in Midtown Toronto’s Yonge-Eglinton neighbourhood, the Property occupies a 0.48-acre corner lot at the intersection of Yonge Street and Roehampton Avenue, offering strategic proximity to the TTC’s Line 1 Yonge-University subway and recently completed Line 5 Eglinton LRT at Eglinton Station. Ownership has received approval of Zoning By-law and Official Plan amendments to permit a 65-storey residential development totaling 500,272 square feet ("sf") of residential gross floor area across 784 units, along with 10,744 sf of ground-level retail space. The Property offers a prospective purchaser meaningful income from a well-occupied, mixed-use asset at a premier Midtown location, with significant future residential redevelopment upside.


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Attributes

Year Built / Renovated
1968/2007-2018
Tenants
18
Parking spaces
65
Entitlement Status
ZBA/OPA Approved

Media

Investment Highlights

  1. High-quality mixed-use asset with prime Yonge Street frontage
  2. Convenient access to TTC Eglinton Station (Lines 1 & 5)
  3. ZBA/OPA approved for a 511,016-sf redevelopment
  4. Located in Midtown Toronto’s major urban centre
  5. Highly amenitized node with several retail offerings
  6. Enhanced income through longer-term “hold” strategy
2323 & 2329 Yonge Street 4_Property for Sale
2323 & 2329 Yonge Street 4_Property for Sale

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2323 & 2329 Yonge Street (0 Properties)

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Last updated
4 Mar 2026