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REDEVELOPMENT SITE WITH UP TO 65-STOREY POTENTIAL-YONGE ST, NORTH YORK CENTRE FOR SALE! A rare opportunity to acquire a fully tenanted commercial office and retail building on a high-profile site along Yonge Street, in the heart of North York Centre. The property is identified under the revised North York Centre Secondary Plan as potentially eligible for development of up to 65 storeys, making it one of the few remaining sites in the area suitable for significant high-density, mixed-use redevelopment. KEY ATTRIBUTES: STRATEGIC LOCATION WITH DIRECT TRANSIT ACCESS Located steps from North York Centre Subway Station, North York Civic Centre, and the Toronto Central Library, the site offers seamless integration into Toronto's public transit network. It is also within minutes of Highway 401, facilitating access for both regional and citywide commuters. The area functions as Toronto's largest employment node outside the downtown core, supporting both commercial and residential intensification. REDEVELOPMENT COMPATIBILITY: The property at 5169& 5171 Yonge St. is situated within a section of Yonge Street already surrounded by high-rise residential buildings, Class-A office towers, and major retail developments, making it an ideal candidate for additional density in line with the City of Toronto's growth and intensification objectives. INCOME-PRODUCING ASSET WITH INTERIM VALUE: The existing structure is fully leased to a mix of long-standing commercial and professional tenants, providing reliable holding income during the planning and development process. The property includes 11 on-site parking spaces, with ample public and street parking available in the immediate vicinity. SCARCE REDEVELOPMENT INVENTORY IN CORE LOCATION: Most comparable sites in the area have already been developed, making this property one of the last large-scale parcels along this stretch of Yonge Street, offering a unique opportunity for long-term strategic development. Do Not Contact Tenants Directly. (id:58753)
Yonge/Empress
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 27 PENWOOD CRESCENT | 8 | 11 | Jun 06, 2026 | $12,350,000 |
| 562 INDIAN ROAD | 4 | 3 | May 10, 2026 | $1,849,900 |
| 10 BROOKSHILL CRESCENT | 6 | 6 | May 25, 2026 | $2,480,000 |
| 83 JOHN GARLAND BOULEVARD | 5 | 3 | May 17, 2026 | $995,000 |
| 52 Roxborough Drive, Toronto ON M4W 1X1 | 4 | 5 | May 08, 2026 | $5,750,000 |
| 24 RANEE AVENUE | 6 | 5 | May 31, 2026 | $2,149,900 |
| 49 Holland Park Avenue, York ON M6C 1M2 | 0 | 0 | May 29, 2026 | $949,000 |
| 49 Holland Park Avenue, York ON M6C 1M2 | 0 | 0 | May 29, 2026 | $949,000 |
Discover key demographics, population statistics, and environmental insights for the Toronto (willowdale East), ON area.
98/100
Walker's Paradise
Walk Score ®
88/100
Excellent Transit
Transit Score ®
52/100
Bikable
Bike Score ®
Daily errands do not require a car. Transit is convenient for most trips. Some bike infrastructure.
20 nearby routes: 18 bus, 2 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 65/100, Bike Score: 48/100.
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5 bds • 7 ba • 6,045 sqft
20 Cluny Drive, Toronto ON M4W 2P7, Toronto, ON M4W 2P7
5 bds • 6 ba • 5,676 sqft
6 Ennisclare Drive, Oakville ON L6J 4N2, Oakville, ON L6J 4N2
0 bds • 0 ba • 5,000 sqft
1218 8TH CONCESSION Road W, Freelton, ON L8B1A5
7 bds • 9 ba • sqft
192 LORD SEATON ROAD
7 bds • 9 ba • sqft
192 LORD SEATON ROAD
5 bds • 8 ba • sqft
34 MEDALIST ROAD
7 bds • 8 ba • sqft
19 FIFESHIRE ROAD
6 bds • 8 ba • sqft
108 SANDRINGHAM DRIVE
8 bds • 10 ba • sqft
58 TIMBERLANE DRIVE
6 bds • 7 ba • sqft
4 FIFESHIRE ROAD
8 bds • 9 ba • sqft
180 SANDRINGHAM DRIVE
8 bds • 9 ba • sqft
180 SANDRINGHAM DRIVE
6 bds • 10 ba • sqft
89 OLD COLONY ROAD
7 bds • 9 ba • sqft
11 DOON ROAD
5 bds • 7 ba • sqft
5 BROOKFIELD ROAD
8 bds • 7 ba • sqft
17 BAYVIEW RIDGE
5 bds • 7 ba • sqft
149 HIGHLAND CRESCENT
5 bds • 7 ba • sqft
149 HIGHLAND CRESCENT
7 bds • 10 ba • sqft
14 ST MARGARETS DRIVE
5 bds • 7 ba • sqft
12 WINTON ROAD
6 bds • 7 ba • sqft
12 FOREST GLEN CRESCENT
5 bds • 5 ba • sqft
20 FOREST GLEN CRESCENT
Source: Realty.com
5169&5171 YONGE STREET, Toronto (Willowdale East), ON M2N5P5 in Toronto (Willowdale East), ON M2N5P5 is a other listed at $11,888,888. Highlights include 5,521 sq. ft., $2,153 per sq. ft.. Realty.ca has 15 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 15 photos of 5169&5171 YONGE STREET.
The full address for this home is 5169&5171 YONGE STREET, Toronto (Willowdale East), ON M2N5P5.
5169&5171 YONGE STREET has been listed on Realty.com since Fri May 15, 2026
Daily errands do not require a car. Transit is convenient for most trips. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 64/100, Transit Score: 65/100, Bike Score: 48/100.
Listing provided courtesy of:
CENTURY 21 HERITAGE GROUP LTD.
Listing agent:
ANZI XU
This content last refreshed on 2026-06-08 09:27:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.