Scout N Secure

$5,188/mo est.

$50/sq ft/yr base rent. Taxes, maintenance and insurance are extra.

Map

514 Yonge Street

Bay Street Corridor, Toronto, Ontario M4Y1X9

For rent· Added

2 bath1,245 sqft

About this property

Prime Yonge Street retail opportunity at 514 Yonge Street, ideally located just one block south of Wellesley Station in the heart of downtown Toronto. This high-visibility storefront offers excellent exposure along one of the city's busiest pedestrian and transit corridors, surrounded by established retailers, restaurants, residential towers, offices and ongoing intensification. Previously operated as an Asian-inspired tea house, the space offers a distinctive interior with character and provides an excellent foundation for a variety of retail, café, food, beverage, wellness or service-oriented concepts. The premises feature a functional main-floor layout with direct Yonge Street frontage and signage opportunities, plus a usable basement providing valuable additional space for storage, preparation, staff areas or other ancillary uses. Exceptional accessibility with Wellesley Subway Station approximately one block north and the Yonge/Bloor and College Street neighborhoods within easy walking distance. Strong daytime, evening and weekend pedestrian traffic generated by the surrounding residential population, businesses, Toronto Metropolitan University, nearby institutions and destination retail. An excellent opportunity for an operator seeking a recognizable Yonge Street address, strong street presence, transit access and additional lower-level space in one of downtown Toronto's most active mixed-use neighborhoods.

Location

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Property details

Listing

MLS® number
C12906962
Added
Mar 21, 2026 ()
Updated
Sep 3, 2026 ()
Info refreshed

Overview

Property type
Retail

Inside

Bathrooms
2
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Zoning
Commercial

Services

Water
Municipal water

Location

Cross streets
Yonge St & Grosvenor St
Directions
Yonge Street Corridor.

Running costs

Annual property tax
$32

Ask about this property

$50/sq ft/yr
514 Yonge Street
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