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48 Yonge St
Toronto, ON M5E 1G9 Bay Street Corridor

Rate Upon Request

Office For Lease  •  7,437 SF

Property Details

  • Property Type Office
  • Year Built 1961
  • Total Building Size 113,205 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning CR 12.0
100 Transit Score
100 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 110 Retail 7,437 SF Rate Upon Request 
The ground-floor space is particularly compelling for restaurant users due to its wide street frontage, consistent foot traffic, and proximity to commuters seeking morning, midday, and evening dining options. Vibrant nearby destinations—including the CN Tower, Scotiabank Arena, the Canadian Opera Company, and the Toronto Eaton Centre—enhance the area’s appeal and contribute to a dynamic flow of visitors. Flexible lease terms, strong co-tenancy, and an irreplaceable downtown location make 48 Yonge Street an exceptional opportunity for operators aiming to elevate brand visibility and capture a built-in audience within Toronto’s most active urban environment.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description 

48 Yonge Street is positioned at the high-visibility northwest corner of Yonge and Wellington in the heart of Toronto's Financial District. This coveted address places a brand directly in front of one of the city’s most concentrated streams of pedestrian activity, supported by both weekday professionals and weekend downtown visitors. The site benefits from immediate access to two subway entrances, Union Station, and the city’s PATH network, allowing thousands of commuters and office workers to pass the storefront daily. 

The surrounding district exhibits exceptional demographic performance, including a daytime population exceeding 340,000 individuals and an average household income of nearly $150,000. High annual pedestrian volumes, recorded at more than 46,000 daily in 2023, further emphasize the property’s position within one of Toronto’s busiest commercial corridors. With a blend of corporate office towers, luxury hotels, cultural institutions, and high-end dining options, retailers benefit from a natural customer base that spans professionals, tourists, residents, and event-goers.

Highlights

High-exposure corner along a major pedestrian corridor.
Direct connections to Union Station, subway access, and the PATH network.
Surrounded by office towers, dining, entertainment, and major attractions.
Strong daytime demographics and steady seven-day foot traffic.
Ideal location for restaurant operators seeking consistent customer flow.

Amenities

  • Banking
  • Bus Line
  • Commuter Rail
  • Metro/Subway
  • PATH

Major Tenants

Tenant SF Occupied Lease End Date
BTTC 1/31/2026
Exiger
Globalive
PureFacts Financial Solutions

Public Transportation

Commuter RailDriveWalkDistance
Union Station Rail (Barrie Train - GO Transit, Kitchener Train - GO Transit, Lakeshore East Train - GO Transit, Lakeshore West Train - GO Transit, Milton Train - GO Transit, Niagara Falls Train - GO Transit, Richmond Hill Train - GO Transit, Stouffville Train - GO Transit) 1 min 6 min 0.2 mi
1 min 6 min 0.3 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 9 min - 2.3 mi
Toronto Pearson International 36 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kate Camenzuli 416-815-2380 CBRE
Kate Camenzuli 416-815-2380 CBRE