vatche
Senior Member
How could a tanning salon pay the high rent in this neighborhood ??
How could a tanning salon pay the high rent in this neighborhood ??
There are a lot of vacancies on Yonge between Eglinton and Lawrence ... I think rates should / will drop a little.
I noticed even more on the Yonge (Lawrence -> York Mills) stretch but they leased up quite a bit.
I heard Queen W rates have also been falling, they skyrocketed over the last year, and mainstream retail just didn't pick up as much as some thought it would on the stretch up to Spadina ... haven't walked that stretch in a while, are there still a lot of Vacancies (this summer there were a few).
Queen West rents came down a bit a couple of years ago but have started to climb back up, more in line with they probably should have been. There was a hope that large retailers with deep pockets would populate the strip but I for one prefer the way it's gone.
This is the old Robin Kay/Eleven shop
Application: Building Additions/Alterations Status: Not Started
Location: 116 CUMBERLAND ST
TORONTO M5R 1A6
Ward 27: Toronto Centre-Rosedale
Application#: 13 118218 BLD 00 BA Accepted Date: Feb 11, 2013
Project: Personal Service Shop Interior Alterations
Description: Proposal for interior alterations basement, ground and second floor of existing building "Bellaire Laser Clinic" (190m2)
I was really blown away last weekend walking through Yorkville at the number of retail vacancies - not only in Hazelton Lanes but on the main streets too. Anyone else notice this alarming trend? any ideas the cause? Did everyone pick-up and head to Yorkdale???
Maybe he was referring to the Bloor stretch, in which case yes it looks like there are quite a few, but as discussed here many of those are spoken for.