<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="43.709906" data-lng="-79.3616569" data-map-catchment-data-value="{&quot;lat&quot;:&quot;43.709906&quot;,&quot;lng&quot;:&quot;-79.3616569&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:50000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area radius covering local Leaside neighbourhood&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km Radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area extending to midtown Toronto&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;50,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary 5-km radius, based on Leaside-Bennington neighbourhood data around 21,000 plus adjacent areas&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual growth rate for Toronto midtown areas, per Statistics Canada projections&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;40 Years&quot;,&quot;description&quot;:&quot;Median age in Leaside neighbourhood, family-oriented affluent area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.8 Persons&quot;,&quot;description&quot;:&quot;Average household size in Leaside-Bennington, from Census data&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Leaside, higher than national average&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;148,000 CAD&quot;,&quot;description&quot;:&quot;Median household income in Leaside-Bennington, from CMHC and Census data&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5&quot;,&quot;description&quot;:&quot;Unemployment rate in Leaside, 41% lower than national average&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;120 Index&quot;,&quot;description&quot;:&quot;Cost of living index for Toronto midtown, relative to national average of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;10,500 CAD per year&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in Toronto CMA, adjusted for affluent area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 CAD per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita in urban Canada&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,500 CAD per year&quot;,&quot;description&quot;:&quot;Estimated annual grocery spending per capita, based on national averages&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 CAD per year&quot;,&quot;description&quot;:&quot;Estimated annual electronics spending per capita in Toronto households&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;1,200,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on high-traffic location near transit&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;45 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in similar mid-sized Toronto centres&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated sales conversion rate for retail traffic&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,000 CAD per year&quot;,&quot;description&quot;:&quot;Estimated sales per sqm in value-oriented Toronto retail&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;25 Stores&quot;,&quot;description&quot;:&quot;Approximate number of retail units in the centre&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of high-traffic anchors like major retailers in Leaside area&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Moderate density of similar retail in midtown Toronto&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Diverse mix including shopping, dining, and home decor&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Several Concepts&quot;,&quot;description&quot;:&quot;Unique tenants focused on local affluent preferences&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;12,172 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for the Leaside property, based on similar SmartCentres sites&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Multi-level structure typical for urban Toronto retail&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500 CAD per year&quot;,&quot;description&quot;:&quot;Average rent psm in Toronto midtown retail spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Low vacancy aligned with SmartCentres overall 98.7% occupancy&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium Flexibility&quot;,&quot;description&quot;:&quot;Standard 5-year terms with renewal options&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;465&quot;,&quot;description&quot;:&quot;Current available space for lease&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Proximity&quot;,&quot;description&quot;:&quot;Minutes from Don Valley Parkway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Access&quot;,&quot;description&quot;:&quot;Steps to Eglinton Crosstown LRT and TTC buses&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;500 Spaces&quot;,&quot;description&quot;:&quot;Ample on-site parking for shoppers&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong pedestrian access due to urban location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Significant online retail competition in Canada&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;High Adoption&quot;,&quot;description&quot;:&quot;Widespread adoption by tenants for hybrid shopping&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;High internet penetration in Toronto households&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Crime rate 72% lower than national average in Leaside&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Comprehensive Measures&quot;,&quot;description&quot;:&quot;Standard security including patrols and surveillance&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Regular Events&quot;,&quot;description&quot;:&quot;Ongoing promotions and community events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;Medium Penetration&quot;,&quot;description&quot;:&quot;Loyalty programs via SmartCentres and tenants&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital signage for marketing in centre&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Expected growth with LRT completion and urban development&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Active Pipeline&quot;,&quot;description&quot;:&quot;Ongoing leasing for new high-quality tenants&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phased Plans&quot;,&quot;description&quot;:&quot;Potential intensification with mixed-use nearby, including Wicksteed site&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:6267,&quot;slug&quot;:&quot;cf-shops-at-don-mills&quot;,&quot;name&quot;:&quot;Cf Shops At Don Mills&quot;,&quot;lat&quot;:&quot;43.7339042&quot;,&quot;lng&quot;:&quot;-79.3440459&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;CF Shops at Don Mills is an open-air lifestyle centre in North Toronto at Don Mills Road and Lawrence Avenue East, with 355,607 square feet of gross leasable area and 85 stores. Anchors include Metro supermarket, McEwan Fine Foods, and Cineplex VIP Cinemas, alongside fashion brands like Zara and Aritzia, diverse dining, and services in a community-focused layout. As part of a mixed-use development with over 2,800 residential units, it serves local needs while drawing from the Greater Toronto Area trade area of 3,178,138 people, average household income $150,368, and 47% households over $100,000. Local demographics feature $125,435 average income and 40-year average age. Sales per square foot are $614 overall and $891 for restaurants, reflecting solid performance. Accessibility via Don Valley Parkway, Highway 401, and TTC supports traffic, with average dwell time of 35 minutes. Market position leverages affluent North Toronto neighbourhoods, proximity to Toronto Botanical Garden and Aga Khan Museum, and low GTA retail vacancy of 1.7%. Leasing advantages encompass high-income demographics driving spending, integrated residential capture, and regional rent averages of $35 per square foot, reaching $67 in North Toronto. Drawbacks include competition from enclosed centres like Fairview Mall, potential traffic delays on major routes, and saturation in fashion categories amid broader e-commerce shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Anthropologie,Eataly,McEwan Fine Foods,Aritzia&quot;,&quot;distance&quot;:3.02,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;47550&quot;,&quot;anchor_tenants&quot;:&quot;Anthropologie,Eataly,McEwan Fine Foods,Aritzia&quot;}},{&quot;id&quot;:5831,&quot;slug&quot;:&quot;hudson-s-bay-centre&quot;,&quot;name&quot;:&quot;Hudson&#39;s Bay Centre&quot;,&quot;lat&quot;:&quot;43.6706188&quot;,&quot;lng&quot;:&quot;-79.3866921&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hudson&#39;s Bay Centre is a mixed-use development at Yonge and Bloor Streets in downtown Toronto, featuring a 535,000 square foot office tower, Hudson&#39;s Bay department store, Marriott hotel, apartments, and a retail concourse with over 45 specialty shops, boutiques, services, and eateries. Retail tenants include Shopper&#39;s Drug Mart, Longo&#39;s Market grocery store, LCBO liquor outlet, Goodlife Fitness, Avis and Hertz car rentals, newsstands, ATMs, and a post office. Located in the affluent Bloor-Yorkville district, it serves as a hub for business and leisure, with direct access to Yonge/Bloor subway stations and proximity to the Don Valley Parkway. The property&#39;s market position benefits from high visibility in a pedestrian-friendly area attracting tourists, professionals, and residents. Demographic profile includes young urbanites, creative workers, and high-income households (median over $100,000). However, Hudson&#39;s Bay Company&#39;s 2025 liquidation and store closures threaten the anchor&#39;s viability, potentially lowering footfall and occupancy. Leasing advantages encompass excellent transit connectivity, diverse everyday tenant mix supporting consistent traffic, and sustainability features like 77% waste diversion and BOMA BESt certification. Drawbacks include competition from larger venues like CF Toronto Eaton Centre, aging infrastructure from 1973 (renovated 2001), and urban challenges such as construction disruptions. Estimated retail space is around 100,000 square feet, with Yorkville rents averaging $500-$800 per square foot annually, influenced by prime location demand. Operational quality is solid with 11 elevators and 1,100 parking spaces, though anchor risks could elevate vacancy rates above the downtown average of 8%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay (former)&quot;,&quot;distance&quot;:4.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;41800&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay (former)&quot;}},{&quot;id&quot;:5564,&quot;slug&quot;:&quot;east-york-town-centre&quot;,&quot;name&quot;:&quot;East York Town Centre&quot;,&quot;lat&quot;:&quot;43.7064772&quot;,&quot;lng&quot;:&quot;-79.3449505&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;East York Town Centre is a 363,800 square foot community-based retail and office complex located at 45 Overlea Boulevard in Toronto&#39;s Thorncliffe Park neighbourhood, opened in 1960 as Thorncliffe Market Place. It features 156,934 square feet of retail space across 107 stores on primarily a single floor, with additional office and banquet facilities. Anchored by Food Basics grocery store and Shoppers Drug Mart pharmacy, the tenant mix includes essential services like Fit4Less gym, medical offices, and local retailers catering to daily needs in a diverse, residential-heavy area surrounded by apartment towers and near the Ontario Science Centre. Ownership and management by Morguard ensure BOMA Best Bronze certification for operational quality. Annual visitor traffic stands at 3.56 million, driven by high pedestrian access and proximity to public transit along Overlea Boulevard. The primary trade area has 59,571 residents in 21,058 households with average income of $113,591, while the secondary area encompasses 163,396 residents in 69,326 households averaging $176,350, reflecting a multicultural demographic with significant immigrant populations from South Asia and the Middle East. Leasing opportunities emphasize flexible specialty spaces for pop-ups and expansions, with advantages in stable footfall from local residents and lower rent levels compared to downtown malls, around $30-$50 per square foot annually based on Toronto community centre benchmarks. However, historical anchor instability, including closures of Zellers in 2012 and Target in 2015, highlights risks of category weaknesses in big-box retail. Occupancy rates hover around 90-95% per recent Toronto retail reports, supported by essential tenant stability but challenged by aging infrastructure from the 1960s era, potentially requiring future capital investments. Market position as a neighbourhood hub benefits from low competition saturation in immediate vicinity, though broader Toronto retail faces e-commerce pressures and shifting consumer preferences toward experiential shopping.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Food Basics, Shoppers Drug Mart&quot;,&quot;distance&quot;:1.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;33449&quot;,&quot;anchor_tenants&quot;:&quot;Food Basics, Shoppers Drug Mart&quot;}},{&quot;id&quot;:6268,&quot;slug&quot;:&quot;yonge-eglinton-centre&quot;,&quot;name&quot;:&quot;Yonge Eglinton Centre&quot;,&quot;lat&quot;:&quot;43.7072492&quot;,&quot;lng&quot;:&quot;-79.399103&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Yonge Eglinton Centre is a prominent mixed-use complex in midtown Toronto at the intersection of Yonge Street and Eglinton Avenue, encompassing approximately 1,059,136 square feet of retail space across 210 units, integrated with office towers and residential components totaling over 1,000 units. Owned by RioCan REIT, the property benefits from its position as a key transit hub with direct underground access to Eglinton Station on TTC Line 1, facilitating high pedestrian volumes estimated as the second-highest in the city. The tenant mix features strong anchors including Loblaws supermarket, Cineplex Odeon theatre, Indigo Books, Sephora, Winners, and GoodLife Fitness, complemented by diverse categories such as dining, services, and financial institutions like a recent 40,000 square foot Royal Bank of Canada lease. Market position is robust in an affluent neighborhood with a 5-kilometer population of 216,991 and average household income of $262,206, supporting premium retail performance amid Toronto&#39;s overall low vacancy rates of 1.5 to 2.0 percent in 2025. Leasing advantages include high visibility, captive footfall from commuters and residents, and opportunities for synergy with the growing residential base projected to increase 30 percent by 2033. Recent renovations have enhanced accessibility and modernized infrastructure, boosting operational quality. However, contextual factors like urban density introduce competition from street-level retail on Yonge Street, where new entrants such as Shake Shack and entertainment venues add vibrancy but fragment consumer spend. Operational challenges may arise from high maintenance costs in a high-traffic environment and sensitivity to transit disruptions, though the propertys diversified mix mitigates risks from category-specific weaknesses like fashion saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Indigo, Sephora, Metro, Winners, Goodlife Fitness, Cineplex&quot;,&quot;distance&quot;:3.02,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;210&quot;,&quot;gla_sqm&quot;:&quot;98397&quot;,&quot;anchor_tenants&quot;:&quot;Indigo, Sephora, Metro, Winners, Goodlife Fitness, Cineplex&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5475,&quot;slug&quot;:&quot;dufferin-mall&quot;,&quot;name&quot;:&quot;Dufferin Mall&quot;,&quot;lat&quot;:&quot;43.6558241&quot;,&quot;lng&quot;:&quot;-79.435698&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Dufferin Mall is a 574,100-square-foot community shopping centre located at 900 Dufferin Street in Toronto&#39;s west-end Bloordale and Dufferin Grove neighbourhoods, approximately 4 km from downtown. Owned by Primaris REIT, it features over 120 tenants, anchored by Walmart, No Frills supermarket, H\u0026M, Winners, and Marshalls. The tenant mix emphasizes a balance of national apparel and home goods retailers, grocery, health services, and emerging international brands such as JD Sports and Swarovski, alongside local concepts like Zaza Espresso Bar and MH2 Dental. Recent expansions include nearly 13,000 square feet of new space, with upcoming additions like TanghuluTanghulu and Kibo Market. The property achieves 98% occupancy and $752 per square foot in sales, reflecting strong performance in a tight GTA retail market with 1.7% vacancy. Its trade area encompasses 523,357 residents, characterized by diverse demographics including immigrants and young professionals, supported by gentrifying trends and ongoing condo developments that boost population density. Accessibility is enhanced by proximity to TTC subway (Dufferin Station) and major roads, though Dufferin Street traffic can pose challenges. Leasing advantages include stable anchor-driven footfall of 7.1 million annual visitors, opportunities for category exclusivity in growing sectors like health and experiential retail, and competitive rent structures tied to percentage rents amid rising sales. However, retailers should note potential saturation in apparel and competition from nearby premium destinations like Yorkdale Shopping Centre, which draws higher-end traffic. Operational quality is solid post-renovations, but aging elements from its 1969 origins may require monitoring for maintenance costs. Overall, Dufferin positions as a resilient neighbourhood hub in Toronto&#39;s evolving urban retail landscape, suitable for value-oriented and convenience-focused lessees seeking exposure to a dynamic, multicultural market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, No Frills, H\u0026M, Winners, Marshalls&quot;,&quot;distance&quot;:8.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;106&quot;,&quot;gla_sqm&quot;:&quot;53340&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, No Frills, H\u0026M, Winners, Marshalls&quot;}},{&quot;id&quot;:6137,&quot;slug&quot;:&quot;distillery-district&quot;,&quot;name&quot;:&quot;Distillery District&quot;,&quot;lat&quot;:&quot;43.650325&quot;,&quot;lng&quot;:&quot;-79.359864&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Distillery District comprises a 13-acre pedestrian-oriented historic precinct in Torontos Corktown area, originally the Gooderham and Worts Distillery site dating to 1832. Redeveloped in 2003 by Cityscape Holdings, it spans 40 heritage buildings housing over 100 tenants focused on creative and experiential retail. Tenant mix includes specialty food and restaurants (e.g., Mill Street Brew Pub, Soma Chocolatemaker, Cluny Bistro), apparel and accessories (e.g., Roots, John Fluevog Shoes, Peace Collective), lifestyle and home decor (e.g., Bergo Designs, Blackbird Vintage Finds), art galleries (e.g., Corkin Gallery, Arta Gallery), health and beauty services, and cultural venues like the Young Centre for the Performing Arts. This positions the district as a niche cultural-tourism destination rather than a traditional enclosed mall, drawing 4 million annual visitors through events such as the Distillery Winter Village (over 1 million attendees) and Toronto Christmas Market. In the broader Toronto retail market, with GTA vacancy at 1.7% and average rents around $37 per square foot, the Distillery benefits from robust tourism recovery, welcoming 26.5 million city visitors in 2023 and projecting growth to $8.8 billion spending in 2024. Leasing advantages encompass high dwell time from event-driven footfall, synergy with arts and dining for complementary retail, and central location 1 km east of downtown core. Potential challenges include weather exposure in the open-air layout, seasonal dips outside summer and holidays, elevated rents estimated at $40-60 per square foot for prime spaces, and competition from saturated nearby districts like St. Lawrence Market and King East. Accessibility supported by TTC streetcar routes 504 and 514, bike paths, and proximity to Union Station, though parking is limited to 200 spots with paid rates. Operational quality remains strong via ongoing heritage maintenance, but infrastructure ages with some buildings over 150 years old, requiring adaptive retrofits for modern retail needs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;El Catrin, Mill Street Brewery, SOMA Chocolatemaker&quot;,&quot;distance&quot;:6.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;72&quot;,&quot;gla_sqm&quot;:&quot;27870&quot;,&quot;anchor_tenants&quot;:&quot;El Catrin, Mill Street Brewery, SOMA Chocolatemaker&quot;}},{&quot;id&quot;:5672,&quot;slug&quot;:&quot;yorkdale-shopping-centre&quot;,&quot;name&quot;:&quot;Yorkdale Shopping Centre&quot;,&quot;lat&quot;:&quot;43.7251083&quot;,&quot;lng&quot;:&quot;-79.4528087&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Yorkdale Shopping Centre, situated at the Highway 401 and Allen Road interchange in North York, Toronto, covers 2 million square feet and features over 260 tenants. Managed by Oxford Properties, it recorded $2.1 billion in sales for 2023, with productivity at $2,301 per square foot, positioning it as Canada\&quot;s top mall and among North America\&quot;s elite. The tenant mix balances luxury anchors like Gucci, Louis Vuitton, and Tiffany \u0026 Co. (about 40%), mid-market brands such as Zara, H\u0026M, and Apple (35%), and dining/entertainment options (25%), including the 2025 Simons flagship addition. Occupancy hovers at 97%, driven by 18 million annual visitors and 517,000 daily vehicles. Demographics target affluent North Toronto suburbs, with 1.2 million in the trade area and average household incomes exceeding $120,000, favoring premium retail. Accessibility via subway and highway supports strong footfall, though 401 congestion risks delays. Leasing appeals through high conversion and experiential zones post-$28 million 2025 luxury expansion, but high rents ($150-250 PSF base plus percentages) and e-commerce competition pose challenges. Nearby CF Toronto Eaton Centre draws 50 million visitors with urban vibrancy, while Square One competes in Mississauga for suburban shoppers. Market factors include resilient GTA retail demand per CBRE 2025 reports, yet economic sensitivity affects luxury sales amid 5% inflation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Nordstrom, Saks Fifth Avenue, Simons, Sport Chek, Cineplex&quot;,&quot;distance&quot;:7.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;270&quot;,&quot;gla_sqm&quot;:&quot;185806&quot;,&quot;anchor_tenants&quot;:&quot;Nordstrom, Saks Fifth Avenue, Simons, Sport Chek, Cineplex&quot;}},{&quot;id&quot;:6138,&quot;slug&quot;:&quot;harbourfront-centre&quot;,&quot;name&quot;:&quot;Harbourfront Centre&quot;,&quot;lat&quot;:&quot;43.638834&quot;,&quot;lng&quot;:&quot;-79.3818785&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;Harbourfront Centre is a 10-acre non-profit cultural organization and mixed-use waterfront complex located at 235 Queens Quay West in Toronto&#39;s Harbourfront neighbourhood, along Lake Ontario. Established in 1972 as a federal Crown corporation and transitioned to non-profit status in 1991, it encompasses York Quay and John Quay, featuring event spaces, galleries, performance venues, craft studios, markets, shops, restaurants, and recreational areas including a skating rink and kayak rentals. The property hosts approximately 4,000 events annually, ranging from international festivals, music performances, and art exhibits to family-oriented activities, drawing significant tourist and local footfall. Retail components include a juried market with booths for international goods and local crafts, alongside shops in the adjacent Queen&#39;s Quay Terminal, which was renovated in 1982 into a mixed-use space with grocery stores, art galleries, and dining options. The tenant mix emphasizes experiential and cultural retail, with crafts in ceramics, glass, metal, and textiles, complemented by diverse restaurants reflecting Toronto&#39;s multicultural demographics. Market position benefits from the revitalized waterfront, part of Toronto&#39;s dynamic growth corridor, supported by public investments in parks, promenades, and transit links like TTC streetcars to Union Station. Leasing opportunities primarily involve short-term market booth rentals for vendors, with longer-term spaces in Queen&#39;s Quay Terminal offering visibility to high-density condos and tourism. Advantages include stable demand from year-round programming and proximity to attractions like the CN Tower and Toronto Islands, fostering cross-shopping. However, challenges arise from seasonal weather impacts on outdoor activities, competition from nearby St. Lawrence Market and Distillery District, and reliance on federal funding amid reported budget deficits. Occupancy in the broader Harbourfront area remains consistent at around 95% for residential and commercial spaces, with pedestrian counts showing peaks during events like Nuit Blanche and summer festivals, averaging 500,000 monthly visitors in peak seasons per Waterfront BIA data. Rent levels for retail spaces range from CAD 40-60 per square foot annually, influenced by high accessibility but offset by higher operational costs in a cultural-focused environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;The Power Plant Contemporary Art Gallery, Craft \u0026 Design Studio, Various restaurants and shops&quot;,&quot;distance&quot;:8.07,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;The Power Plant Contemporary Art Gallery, Craft \u0026 Design Studio, Various restaurants and shops&quot;}},{&quot;id&quot;:6437,&quot;slug&quot;:&quot;cf-toronto-dominion-centre&quot;,&quot;name&quot;:&quot;Cf Toronto Dominion Centre&quot;,&quot;lat&quot;:&quot;43.6478521&quot;,&quot;lng&quot;:&quot;-79.3811179&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The CF Toronto Dominion Centre is a prominent mixed-use complex in Torontos financial district, encompassing office towers, retail concourse, and integration with the PATH underground network. Developed by Cadillac Fairview, it spans over 6 million square feet of leasable office space, with the retail component focusing on the concourse level offering approximately 200,000 square feet of space. The property benefits from direct connectivity to Union Station, TTC subway lines, and the extensive PATH system, facilitating high accessibility for commuters and pedestrians. Market position is strong within the central business district, attracting affluent professionals and visitors, though footfall has declined by about 50% since pre-pandemic levels due to hybrid work trends. Tenant mix includes anchor retailers like Shoppers Drug Mart (14,169 sq ft), Indigo (4,443 sq ft), and multiple TD Bank branches, alongside food and beverage options such as Starbucks, Tim Hortons, and quick-service eateries like Subway and Jimmy the Greek. Services include telecom providers (Bell, Fido, Rogers, Telus), boutiques (Indochino, TUMI), and health-related tenants (dental centre, nutrition house). Occupancy in the retail concourse stands at around 85-90% based on recent leasing plans, with several vacant units ranging from 120 to 6,300 sq ft available for lease. Rent levels are premium, averaging $80-120 per sq ft annually in the CBD retail segment, influenced by location advantages. Leasing advantages encompass stable demand from office workers (over 21,000 employees on-site), proximity to major financial institutions, and operational quality supported by Cadillac Fairview management. However, challenges include competition from nearby Eaton Centre and Yorkdale, market saturation in food categories, aging infrastructure in parts of the 1960s-era complex, and reduced weekday footfall impacting evening and weekend performance. Demographic profile features high-income earners (average household income exceeding $150,000), primarily aged 25-54 in finance, tech, and professional services. Overall, the property suits retailers targeting business professionals but requires strategies to address post-pandemic traffic shifts and lease flexibility for smaller formats.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;TD Bank, Canoe Restaurant, Design Exchange&quot;,&quot;distance&quot;:7.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;58&quot;,&quot;gla_sqm&quot;:&quot;14000&quot;,&quot;anchor_tenants&quot;:&quot;TD Bank, Canoe Restaurant, Design Exchange&quot;}},{&quot;id&quot;:6063,&quot;slug&quot;:&quot;cf-simcoe-place&quot;,&quot;name&quot;:&quot;Cf Simcoe Place&quot;,&quot;lat&quot;:&quot;43.6450638&quot;,&quot;lng&quot;:&quot;-79.3856971&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;CF Simcoe Place is a mixed-use development in downtown Toronto at 200 Front Street West, comprising a 33-storey office tower with 750,000 square feet of leasable space and a compact retail podium integrated into the PATH underground pedestrian network. Completed in 1995 by Cadillac Fairview, the property serves the financial district, offering direct connectivity to key transit hubs including Union Station, TTC subway, and GO Transit. The retail component emphasizes convenience and food services, featuring tenants such as Burger King, Freshwest Grill, Poulet Rouge, and other quick-service outlets, creating a tenant mix geared toward office worker needs rather than destination shopping. Market position is strong for everyday retail due to captive footfall from over 5,000 daily office occupants and proximity to attractions like the CN Tower and Rogers Centre, which draw tourists and event attendees. Occupancy in the retail area remains high at approximately 95 percent, bolstered by the buildings LEED EB O\u0026M Gold certification and amenities including EV charging, bike storage, and a food hall. Leasing advantages include stable demand from professional demographics, minimal vacancy risks in a high-traffic corridor, and flexible spaces from 500 to 5,000 square feet suitable for pop-ups or service-oriented retailers. However, drawbacks involve elevated rent levels averaging $150 to $250 per square foot annually, reflecting prime downtown positioning but potentially challenging for smaller operators. Competition from expansive PATH-connected centers like First Canadian Place and The Well introduces saturation in food and convenience categories, while aging infrastructure from the 1990s may require updates for modern retail standards. Overall, the property suits brands targeting business lunch crowds and commuters, with operational quality enhanced by BOMA BEST Gold status, though broader retail performance depends on economic vitality in the financial sector.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Tim Hortons, Subway, Burger King&quot;,&quot;distance&quot;:7.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;20&quot;,&quot;gla_sqm&quot;:&quot;5000&quot;,&quot;anchor_tenants&quot;:&quot;Tim Hortons, Subway, Burger King&quot;}},{&quot;id&quot;:8451,&quot;slug&quot;:&quot;eaton-centre&quot;,&quot;name&quot;:&quot;Eaton Centre&quot;,&quot;lat&quot;:&quot;43.6544&quot;,&quot;lng&quot;:&quot;-79.3808&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;CF Toronto Eaton Centre is a premier downtown shopping destination in Toronto, Ontario, spanning approximately 1.89 million square feet of total gross leasable area, with 548,110 square feet dedicated to retail units. Located at the intersection of Yonge and Dundas Streets, it connects directly to the TTC subway system, Union Station via the PATH network, and major tourist attractions like Yonge-Dundas Square. The centre attracts over 50 million visitors annually, driven by its central position in Canada&#39;s largest city, which boasts a population of 2.8 million in the GTA and a diverse demographic including young professionals, students, immigrants, and international tourists. Tenant mix includes over 235 stores, featuring anchors like Nordstrom, Saks Fifth Avenue, and Simons, alongside fashion retailers (Zara, H\u0026M), luxury brands, electronics (Apple), and dining options from quick-service to upscale restaurants like Eataly. Occupancy stands at 95%, reflecting strong demand in a market with Toronto retail vacancy at 1.7%. Sales per square foot average $1,515, positioning it as one of Canada&#39;s most productive malls. Leasing advantages include high visibility, robust footfall supporting sales volumes, and access to a high-income demographic with average household incomes exceeding $100,000 in the core area. However, the urban setting introduces challenges like seasonal weather impacts and competition from nearby luxury destinations such as Yorkdale Shopping Centre. Market reports indicate Toronto&#39;s retail sector stabilized in 2025, with retail sales growing 4.7% amid economic recovery, though high operational costs persist due to inflation and labor shortages.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Canadian Tire, Sport Chek, Zara&quot;,&quot;distance&quot;:6.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;255&quot;,&quot;gla_sqm&quot;:&quot;160000&quot;,&quot;anchor_tenants&quot;:&quot;Canadian Tire, Sport Chek, Zara&quot;}},{&quot;id&quot;:5566,&quot;slug&quot;:&quot;centerpoint-mall&quot;,&quot;name&quot;:&quot;Centerpoint Mall&quot;,&quot;lat&quot;:&quot;43.7965831&quot;,&quot;lng&quot;:&quot;-79.4221036&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Centerpoint Mall, located at 6464 Yonge Street in Torontos Newtonbrook neighborhood, is a single-level enclosed shopping center opened in 1966 with 59,004 square meters of gross leasable area across 144 stores and services. It features three anchor tenants: No Frills supermarket, Canadian Tire, and Canada Computers occupying part of a former department store space. The property, owned by Revenue Properties Company Limited and managed by Morguard, sits at the busy intersection of Yonge Street and Steeles Avenue, providing 2,258 parking spaces and serving as a neighborhood retail hub in North York. The tenant mix includes a blend of grocery, home improvement, electronics, fashion, dining options like Congee Queen, and services, catering to everyday needs rather than luxury or entertainment-focused shopping. Market position reflects a mature, community-oriented center in a diverse urban area, with historical challenges from anchor tenant turnover including closures of Zellers in 2012, Target in 2015, and Lowes in 2019, leading to discounted rents to attract new occupants like a church and skate park in the early 2020s. Current occupancy is estimated at around 85 percent based on Toronto retail trends, with average rents for similar neighborhood malls at CAD 40-60 per square foot annually, lower than downtown averages due to the propertys age and impending redevelopment. Leasing advantages include stable footfall from local residents, proximity to TTC subway extensions at Steeles Station, and phased redevelopment plans submitted in 2021 envisioning 317,689 square feet of new retail within a mixed-use community of 8,325 residential units across 33 buildings, potentially boosting long-term viability through integrated residential demand. However, risks involve construction disruptions over several years, competition from nearby centers like Promenade Mall and Hillcrest Mall redevelopment, and market saturation in grocery and discount categories. Operational quality is moderate, with dated infrastructure noted in reviews, but accessibility via major roads and transit supports consistent traffic of approximately 5-7 million annual visitors, per regional mall benchmarks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Canadian Tire, No Frills, Canada Computers \u0026 Electronics, Hudson&#39;s Bay&quot;,&quot;distance&quot;:10.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;144&quot;,&quot;gla_sqm&quot;:&quot;58064&quot;,&quot;anchor_tenants&quot;:&quot;Canadian Tire, No Frills, Canada Computers \u0026 Electronics, Hudson&#39;s Bay&quot;}},{&quot;id&quot;:6187,&quot;slug&quot;:&quot;cf-mountain-view&quot;,&quot;name&quot;:&quot;Cf Mountain View&quot;,&quot;lat&quot;:&quot;43.7777483015&quot;,&quot;lng&quot;:&quot;-79.3444981702&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;CF Mountain View, located at 1800 Sheppard Avenue East in North York, Toronto, is a regional shopping centre with approximately 881,000 square feet of gross leasable area, encompassing 167 stores and services across two levels. Opened in 1970, it has undergone significant expansions and renovations, including a CA$90 million project completed in 2009 that introduced modern features like a skylit food court and updated entrances, and a 2019 redevelopment of the former Sears space into T\u0026T Supermarket, HomeSense, Marshalls, and specialty retailers, finalized in 2023. Anchored by T\u0026T Supermarket and previously by Hudson&#39;s Bay (set to close in 2025), the tenant mix includes fashion retailers such as Zara, Forever 21, Hollister, Sephora, and Bath \u0026 Body Works, alongside essentials like Shoppers Drug Mart and LCBO, a diverse food court, and Rainbow Cinemas. The property benefits from a dense trade area with a population of 2.49 million, average household income of $113,432, and 47% of households earning over $100,000, driven by high growth from five major condo developments adding 10,000 residents. Sales productivity stands at $1,110 per square foot, ranking it among Canada&#39;s top 20 shopping centres. Accessibility is strong via direct connection to Don Mills TTC subway station, Highway 401, and Don Valley Parkway, supporting high footfall estimated at over 10 million annual visitors. Leasing advantages include competitive rents around $50-70 per square foot (base, full service), high occupancy near 95%, and a multicultural demographic profile with average age 39 and 60-minute dwell time, fostering repeat visits. However, the impending Hudson&#39;s Bay closure poses a risk to short-term footfall, while nearby competition from premium centres like Shops at Don Mills and Bayview Village, plus larger Yorkdale, may pressure mid-tier categories. Operational quality is solid post-renovations, but historical security incidents highlight potential risks in a urban setting with market saturation in North York retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Simons,Uniqlo,Cineplex&quot;,&quot;distance&quot;:7.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Simons,Uniqlo,Cineplex&quot;}},{&quot;id&quot;:5463,&quot;slug&quot;:&quot;cf-toronto-eaton-centre&quot;,&quot;name&quot;:&quot;Cf Toronto Eaton Centre&quot;,&quot;lat&quot;:&quot;43.6544382&quot;,&quot;lng&quot;:&quot;-79.3806994&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;CF Toronto Eaton Centre is a flagship regional mall located in the core of downtown Toronto at 220 Yonge Street, spanning 890,000 square feet of gross leasable area with 545,000 square feet dedicated to comparable retail units and hosting approximately 255 stores. It attracts over 50 million visitors annually, benefiting from direct connectivity to the Yonge-University subway line, Union Station via the PATH underground network, and proximity to major tourist sites like City Hall and the Financial District. The tenant mix features a strong concentration in fashion and accessories (e.g., H\u0026M, Zara, Uniqlo), luxury brands (e.g., Louis Vuitton, Tiffany \u0026 Co.), department stores (Hudson\&quot;s Bay), and diverse dining options including a food court and recent additions like Queen\&quot;s Cross Food Hall. Occupancy stands at around 95%, reflecting robust demand in a market with Toronto retail vacancy at 1.7%. Sales per square foot reach $1,625, underscoring its position as one of Canada\&quot;s top-performing centres per ICSC rankings. Demographically, it draws urban professionals aged 25-44, students from nearby universities, international tourists (20% of footfall), and local residents from a diverse, high-income catchment area exceeding 2.5 million within a 30-minute drive. Accessibility is enhanced by public transit (over 70% of visitors arrive via TTC) and on-site parking for 1,400 vehicles, though street-level access can face disruptions from ongoing downtown construction. Leasing advantages include high visibility and dwell time due to entertainment anchors like the Hockey Hall of Fame and seasonal events, but challenges encompass elevated base rents averaging $50-$74 per square foot amid 142% increases since 2019, intense competition from Yorkdale Shopping Centre and online retail, and operational pressures from aging infrastructure requiring periodic upgrades like the 2024 vertical transportation project. Market saturation in fashion categories and economic sensitivity in tourism post-pandemic influence performance, with recovery tied to Toronto\&quot;s 3% apartment vacancy signaling stabilizing urban demand.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Saks Fifth Avenue, H\u0026M, Zara, Canadian Tire, Uniqlo, Apple&quot;,&quot;distance&quot;:6.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;209&quot;,&quot;gla_sqm&quot;:&quot;160000&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Saks Fifth Avenue, H\u0026M, Zara, Canadian Tire, Uniqlo, Apple&quot;}},{&quot;id&quot;:5563,&quot;slug&quot;:&quot;eglinton-square-shopping-centre&quot;,&quot;name&quot;:&quot;Eglinton Square Shopping Centre&quot;,&quot;lat&quot;:&quot;43.7240423&quot;,&quot;lng&quot;:&quot;-79.2998984&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Eglinton Square Shopping Centre is an enclosed neighborhood mall located at the intersection of Eglinton Avenue East and Victoria Park Avenue in Torontos Scarborough district, specifically the Golden Mile area. Opened in 1953 and expanded into an enclosed format in 1964, it spans approximately 279,000 square feet with over 80 retail units on a single level, including a food court. The property is owned by Kingsett Capital and managed by BentallGreenOak. Current anchors include Shoppers Drug Mart as the primary tenant and Metro as a shadow anchor adjacent to the mall; the former Hudson Bay store closed in recent years, contributing to some vacancy challenges. Tenant mix features a mix of national chains in health and beauty, grocery, fashion, and services, with recent additions in food and apparel to address previous gaps. The mall serves as a community hub for local residents, benefiting from high residential density with 47,000 households and 126,000 people within a 3-kilometer radius, primarily mid-century single-family homes and apartments in a diverse, multicultural neighborhood. Accessibility is supported by proximity to major roads and TTC transit, including the Eglinton Crosstown LRT station nearby, enhancing foot traffic potential. Market position is that of a stable local center rather than a regional destination, with GTA retail vacancy at 1.7 percent in Q1 2025 indicating tight supply, though neighborhood malls face pressure from e-commerce and larger competitors. Leasing advantages include competitive rents around 25 dollars per square foot in East Toronto, loyal repeat customers from stable demographics, and ongoing redevelopment plans for the surrounding Golden Mile area into mixed-use with high-rise condos, which could boost future traffic and property values. However, risks involve aging infrastructure from the 1950s era, potential construction disruptions from revitalization, and competition from nearby centers like Golden Mile Shopping Centre and Scarborough Town Centre. Operational quality is average, with efforts in sustainability but reports of dated aesthetics impacting premium tenant attraction. Overall, suitable for value-oriented retailers targeting everyday needs in a densely populated, lower-to-middle income area, but requires evaluation of redevelopment timelines for long-term viability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Metro, Shoppers Drug Mart&quot;,&quot;distance&quot;:5.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;157&quot;,&quot;gla_sqm&quot;:&quot;26253&quot;,&quot;anchor_tenants&quot;:&quot;Metro, Shoppers Drug Mart&quot;}},{&quot;id&quot;:6990,&quot;slug&quot;:&quot;bayview-village-shopping-centre&quot;,&quot;name&quot;:&quot;Bayview Village Shopping Centre&quot;,&quot;lat&quot;:&quot;43.7683693&quot;,&quot;lng&quot;:&quot;-79.3852233&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Bayview Village Shopping Centre is a 440,000 square foot upscale neighborhood mall located at the intersection of Bayview Avenue and Sheppard Avenue in North York, Toronto. Opened in 1957 and owned by a joint venture including QuadReal, it serves an affluent residential area with direct access to the Bayview Village TTC subway station on Line 4 Sheppard, enhancing public transit connectivity. The property features over 110 tenants focused on luxury and one-of-a-kind merchants, with key anchors including Loblaws supermarket (major grocery draw), Shoppers Drug Mart, and LCBO liquor store. Tenant mix emphasizes high-end fashion (e.g., Banana Republic, Club Monaco), specialty retail (e.g., Andrews menswear, La Creuset), fine dining (e.g., Byblos Mediterranean, upcoming Ju-Raku Japanese), bookstores (Chapters-Indigo), and services. Market position as one of Canadas most prestigious local shopping centers benefits from a stable, high-income catchment area, with low vacancy rates around 95 percent occupancy typical for upscale Toronto properties. Leasing advantages include prestige association boosting brand visibility, consistent local footfall from nearby residents, and flexible spaces for boutiques amid ongoing redevelopment that introduces modern mixed-use elements like residential towers above retail podiums, potentially increasing dwell time and traffic. However, base rents range from $80 to $120 per square foot annually, reflecting premium positioning, while redevelopment phases may cause temporary disruptions. Overall sales per square foot exceed $600, supported by demographic strengths, though competition from larger regional malls like Yorkdale poses challenges for category overlap in luxury goods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Loblaws, Shoppers Drug Mart, LCBO&quot;,&quot;distance&quot;:6.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;110&quot;,&quot;gla_sqm&quot;:&quot;41200&quot;,&quot;anchor_tenants&quot;:&quot;Loblaws, Shoppers Drug Mart, LCBO&quot;}},{&quot;id&quot;:5471,&quot;slug&quot;:&quot;scarborough-town-centre&quot;,&quot;name&quot;:&quot;Scarborough Town Centre&quot;,&quot;lat&quot;:&quot;43.7760345&quot;,&quot;lng&quot;:&quot;-79.2575755&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Scarborough Town Centre is a 1.6 million square foot enclosed regional mall in Scarborough Toronto serving as the primary retail hub for the east end with 18 million annual visitors and 1.5 million monthly footfall. The tenant mix includes over 250 stores with 40 percent in fashion and apparel featuring brands like H\u0026M Zara Aritzia lululemon Nike and Sephora; 15 percent in dining across 32 options including the TASTE MRKT food court with Chick-fil-A and Jollibee; and anchors such as IKEA City Walmart Toys R Us and Decathlon comprising 30 percent of space alongside services at 20 percent. Occupancy rates are robust at approximately 98 percent amid GTA retail vacancy of 1.7 percent. The trade area covers 2.5 million residents with average household income of 127000 dollars and per-visit retail spend of 239 dollars averaging 69-minute visits. Located at 300 Borough Drive it offers 5796 parking stalls proximity to Highway 401 and TTC bus terminal though subway access via Line 2 is supplemented by buses until 2030 extension. Average rents at 25 dollars per square foot are below Toronto average of 35 dollars plus providing leasing value. Sales per square foot reach about 258 dollars Canadian with 2.2 percent year-over-year growth. Market position benefits from diverse multicultural demographics and projected local population quintupling to over 1 million by 2041 through intensification supporting long-term demand. Leasing advantages include high accessibility strong footfall and renovation-driven experiential enhancements but drawbacks encompass competition from downtown malls like Yorkdale recent anchor closures including Hudson Bay in 2024 and potential Decathlon exit in 2025 aging 1970s infrastructure transit limitations and economic disparities affecting premium categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;IKEA City, Decathlon, Walmart, Sephora, H\u0026M, Aritzia, Zara&quot;,&quot;distance&quot;:11.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;121000&quot;,&quot;anchor_tenants&quot;:&quot;IKEA City, Decathlon, Walmart, Sephora, H\u0026M, Aritzia, Zara&quot;}},{&quot;id&quot;:8069,&quot;slug&quot;:&quot;cf-weston-centre&quot;,&quot;name&quot;:&quot;Cf Weston Centre&quot;,&quot;lat&quot;:&quot;43.7025&quot;,&quot;lng&quot;:&quot;-79.518&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;The CF Weston Centre is a mixed-use complex in midtown Toronto at 22 St. Clair Avenue East, near Yonge and St. Clair intersection, combining office space with ground-level retail. Spanning approximately 200,000 square feet total, the retail component focuses on convenience-oriented tenants, anchored by a Loblaws supermarket providing direct access for shoppers. Developed in the 1970s and owned by Choice Properties REIT (affiliated with George Weston Limited), it serves as a neighborhood hub in affluent areas like Rosedale and Forest Hill. Market position reflects stable performance in Toronto&#39;s resilient retail sector, with GTA vacancy rates at 1.7% as of Q1 2025 per Lee \u0026 Associates reports. Tenant mix includes grocery, food and beverage outlets, and services catering to office workers and local residents, with occupancy estimated above 95% based on REIT disclosures. Footfall benefits from proximity to St. Clair subway station on Line 1, drawing 50,000 daily riders, plus pedestrian traffic from surrounding high-density offices and residences. Rent levels for retail spaces range from $50-80 per square foot annually, competitive for midtown but elevated due to premium location. Accessibility is strong via TTC subway, buses, and nearby parking, though vehicle access can face congestion during peak hours. Leasing advantages encompass long-term stability from anchor tenant (weighted average lease term of 9 years), diverse demographics supporting everyday needs retail, and opportunities for pop-up or experiential formats in evolving mixed-use environments. Potential challenges include market saturation in grocery categories, competition from nearby Yorkville boutiques and larger malls like CF Toronto Eaton Centre (3 km south), aging infrastructure requiring updates, and e-commerce pressures on non-essential retail. Operational quality is solid with on-site management, fitness facilities, and connectivity, but limited expansion potential due to urban constraints. Overall, it suits lessees targeting convenience-driven sales in a high-income catchment area exceeding 100,000 residents within 1 km, with median household income over $100,000 CAD per Statistics Canada data.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Canadian Tire,Shoppers Drug Mart&quot;,&quot;distance&quot;:12.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;18000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Canadian Tire,Shoppers Drug Mart&quot;}},{&quot;id&quot;:5565,&quot;slug&quot;:&quot;lawrence-square-shopping-centre&quot;,&quot;name&quot;:&quot;Lawrence Square Shopping Centre&quot;,&quot;lat&quot;:&quot;43.7168556&quot;,&quot;lng&quot;:&quot;-79.4472604&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Lawrence Square Shopping Centre, renamed Lawrence Allen Centre in 2019, is an enclosed community mall at 700 Lawrence Ave W, Toronto, in North Yorks Lawrence Heights neighbourhood. Opened in 1989 and renovated 2015-2018, it offers 679,575 sq ft gross leasable area across two retail levels with 120 stores. Owned by RioCan REIT, anchors include Canadian Tire (two floors), Fortinos supermarket, Marshalls, HomeSense, and PetSmart. Tenant mix targets value retail: discount (Dollarama), liquor (LCBO), toys (Toys \&quot;R\&quot; Us), home goods, and a food court with KFC and independents. Serves primary trade area of 466,200 residents within 5 km; average household income $173,420 within 10 km. Local area (pop 35,000) features diverse, lower-income demographics with median after-tax income $41,955 and 20.9% low-income rate. Accessibility via adjacent TTC Lawrence West station, bus routes, and Allen Rd highway; on-site parking available. RioCan portfolio occupancy at 98.4% indicates strong leasing. Advantages: essential anchors drive steady traffic, family demographics support everyday shopping, revitalization adds mixed-income housing boosting footfall. Drawbacks: local economic profile limits premium tenants, competition from Yorkdale mall, saturation in discount/grocery categories, potential access issues from highway proximity.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Canadian Tire, Fortinos, Marshalls, HomeSense, PetSmart&quot;,&quot;distance&quot;:6.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;61600&quot;,&quot;anchor_tenants&quot;:&quot;Canadian Tire, Fortinos, Marshalls, HomeSense, PetSmart&quot;}},{&quot;id&quot;:6136,&quot;slug&quot;:&quot;the-power-plant-contemporary-art-gallery&quot;,&quot;name&quot;:&quot;The Power Plant Contemporary Art Gallery&quot;,&quot;lat&quot;:&quot;43.6384653&quot;,&quot;lng&quot;:&quot;-79.3818612&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;The Power Plant Contemporary Art Gallery, located at 231 Queens Quay West in Toronto&#39;s Harbourfront Centre, serves as Canada&#39;s leading non-collecting public gallery dedicated to contemporary visual art from Canadian and international artists. Established in 1987 within a renovated 1920s powerhouse, it offers free admission year-round, presenting groundbreaking exhibitions, publications, and public programs that attract diverse audiences. As part of the revitalizing Toronto waterfront, a dynamic area undergoing significant development with new residential, commercial, and cultural projects, the gallery benefits from proximity to attractions like the CN Tower, Rogers Centre, and Union Station. The surrounding Harbourfront neighbourhood features a mixed-use environment with restaurants, shops, and event spaces, contributing to a vibrant tenant mix that includes cultural institutions, casual dining, and experiential retail. Annual visitor numbers to Harbourfront Centre exceed 10 million, providing substantial footfall for potential retail activations, though the gallery itself reports targeted attendance in the tens of thousands per year. Leasing opportunities are limited to venue rentals for events such as brand activations, cocktail receptions, and pop-up installations, available between exhibition schedules, with proceeds supporting free public programming. Rent levels for such spaces are not publicly fixed but align with premium waterfront event venues, estimated at CAD 5,000 to 15,000 per day depending on configuration and duration. Accessibility is strong via TTC streetcar, GO Transit, and pedestrian paths, though parking is limited. Market reports from JLL and Retail Insider highlight the waterfront&#39;s low vacancy rates around 2% and growing retail demand driven by population influx and tourism recovery, positioning it as a high-potential area for experiential retail. However, challenges include seasonal tourism fluctuations, competition from nearby Eaton Centre, and the non-traditional retail format which may require creative adaptation for commercial use. Operational quality is high, with modern facilities post-renovations, but aging infrastructure in the historic building poses maintenance risks. Demographic profile draws urban professionals, tourists aged 25-55, and art enthusiasts from the Toronto CMA, offering targeted exposure for niche retailers in fashion, design, or lifestyle brands.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Contemporary Art Exhibitions&quot;,&quot;distance&quot;:8.11,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;0&quot;,&quot;gla_sqm&quot;:&quot;1226&quot;,&quot;anchor_tenants&quot;:&quot;Contemporary Art Exhibitions&quot;}},{&quot;id&quot;:8456,&quot;slug&quot;:&quot;skip-mall&quot;,&quot;name&quot;:&quot;Skip Mall&quot;,&quot;lat&quot;:&quot;43.6251439&quot;,&quot;lng&quot;:&quot;-79.4787276&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Skip Mall is a regional shopping center located in Toronto, Canada, with a gross leasable area of 100,000 square meters across two levels, constructed in 1980 and owned by Oxford Properties. It features 150 stores, including anchor tenants such as Walmart, Simons, Zara, H\u0026M, and Apple Store, offering a mix of fashion, general merchandise, and electronics. The property provides 5,000 parking spaces and is adjacent to public transport, enhancing accessibility. Annual footfall reaches 8 million visitors, with monthly averages of 2 million and an average visit duration of 90 minutes; conversion rate stands at 25 percent, while annual spend per visitor is approximately 6,500 CAD. Occupancy levels are moderate, with 5,000 square meters of available space. Rent levels are set at 250 CAD per square meter per year, reflecting stable leasing conditions in a competitive market. The surrounding area has a population of 1.75 million within 5 kilometers, growing at 1.5 percent annually, with an average age of 38 years, household size of 2.4 persons, and average household income of 105,370 CAD; female population percentage is 60 percent. Market position as a regional mall faces high competition, yet benefits from strong economic indicators including a 5.5 percent unemployment rate and consumer spending on apparel at 15,000 CAD per household annually. Leasing advantages include high visitor traffic supporting retail performance, integration of e-commerce with 30 percent online engagement, and 12 annual events drawing 40 percent attendance. However, challenges encompass the need for enhanced family-friendly amenities and diverse dining options, as 40 percent of visits are for shopping and 35 percent for dining. Growth potential is estimated at 2 percent per year, with safety features like low 1 percent crime rate and CCTV contributing to operational quality. Overall, the mall serves a diverse demographic but contends with market saturation in fashion and general retail categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, Simons, Zara, H\u0026M, Apple Store&quot;,&quot;distance&quot;:13.32,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;200000&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, Simons, Zara, H\u0026M, Apple Store&quot;}},{&quot;id&quot;:5560,&quot;slug&quot;:&quot;fairview-mall&quot;,&quot;name&quot;:&quot;Fairview Mall&quot;,&quot;lat&quot;:&quot;43.777878&quot;,&quot;lng&quot;:&quot;-79.344654&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Fairview Mall, situated at 1800 Sheppard Avenue East in Toronto&#39;s North York district, operates as a key regional retail hub under Cadillac Fairview management. The property covers 856,661 square feet of gross leasable area, including 367,296 square feet for commercial retail units, accommodating 178 tenants across fashion, beauty, electronics, dining, and entertainment sectors. Prominent occupants include Zara, H\u0026M, Sephora, Aritzia, Nike, Apple, Marshalls, T\u0026T Supermarket, and Cineplex Cinemas, fostering a balanced mix that appeals to diverse shopper needs. Positioned in a high-density trade area, the mall secures a spot in Canada&#39;s top 20 for sales productivity at $1,121 per square foot overall and $3,340 in food court sales, driven by proximity to Highway 401, Don Valley Parkway, and Don Mills subway station for enhanced accessibility. The local demographic features a multicultural populace with strong Asian representation, median household incomes around $85,000, and a blend of young professionals and families within a 7 million-resident Greater Toronto Area. Occupancy aligns with GTA retail trends at approximately 98%, supported by low vacancy rates of 2% amid robust demand. Leasing benefits from competitive rent structures averaging $35-40 per square foot net, with opportunities for inline spaces amid ongoing masterplan expansions adding residential components to boost footfall. However, challenges include nearby competition from premium venues like Yorkdale Shopping Centre and Shops at Don Mills, potential infrastructure strain from urban growth, and category saturation in apparel, necessitating adaptive tenant strategies for sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;T\u0026T Supermarket, Marshalls, HomeSense, Zara, H\u0026M, Apple, Cineplex&quot;,&quot;distance&quot;:7.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;79600&quot;,&quot;anchor_tenants&quot;:&quot;T\u0026T Supermarket, Marshalls, HomeSense, Zara, H\u0026M, Apple, Cineplex&quot;}},{&quot;id&quot;:6139,&quot;slug&quot;:&quot;yorkville-village&quot;,&quot;name&quot;:&quot;Yorkville Village&quot;,&quot;lat&quot;:&quot;43.6718657&quot;,&quot;lng&quot;:&quot;-79.3950406&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Yorkville Village is an upscale enclosed shopping center totaling over 232,300 square feet, located in the prestigious Yorkville neighborhood of Toronto along Avenue Road, just north of Bloor Street. Originally opened as Hazelton Lanes in 1976, it underwent significant redevelopment and rebranding in 2016 under First Capital REIT ownership, featuring a modern glass facade, sky-lit atrium, and integrated lifestyle amenities. The property serves as a luxury retail and lifestyle hub, attracting affluent residents, professionals, and international tourists drawn to the areas high-end vibe. Anchored by Canadas flagship Whole Foods Market and the premium Equinox fitness club, the tenant mix emphasizes high-end fashion, beauty, home goods, and wellness, with stores such as Ethan Allen furniture, Sentaler outerwear, Copine Paris womenswear, Judith \u0026 Charles apparel, Radford Beauty, White Carat jewelry, Estrelle Bridal, and Novado skincare. Recent additions include Supernatural health concept and Via Cavour menswear renovations, alongside galleries and dining options like Rexall pharmacy integration. Market position remains strong in Torontos competitive luxury segment, benefiting from proximity to Bloor-Yorkville subway and pedestrian-friendly streets, though facing evolution from nearby condo developments. Leasing advantages include strategic spaces near anchors for high visibility, flexible terms amid low GTA retail vacancy of 1.7 percent, and ongoing infrastructure upgrades like a new Yorkville Avenue entrance enhancing flow. However, high operational costs and intense street-level competition require brands to align with upscale positioning for success. Overall, it offers solid footfall from Yorkvilles 20 million annual visitors, supporting premium sales potential in a demographic with average household incomes exceeding $150,000 within five kilometers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Whole Foods, Equinox&quot;,&quot;distance&quot;:5.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;19510&quot;,&quot;anchor_tenants&quot;:&quot;Whole Foods, Equinox&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:5562,&quot;slug&quot;:&quot;cloverdale-mall&quot;,&quot;name&quot;:&quot;Cloverdale Mall&quot;,&quot;lat&quot;:&quot;43.6316173&quot;,&quot;lng&quot;:&quot;-79.5547678&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Cloverdale Mall, located at 250 The East Mall in Etobicoke, Toronto, is a 435,000 square foot enclosed shopping centre operational since 1956 on a 32-acre site. It currently houses over 90 stores and services, focusing on everyday essentials with tenants including grocery stores, pharmacies, apparel, and local services, but lacks major anchor retailers. The property is undergoing a major redevelopment by QuadReal Property Group into a mixed-use urban community, including 5,270 residential units across 10 towers (17-48 storeys), mid-rise buildings, community amenities, and retained retail spaces totaling around 2,000 square metres. Phase One, in partnership with Mattamy Homes, involves a 32-storey condominium with 500+ units and 2,400 square feet of ground-level retail, currently in pre-construction. Market position reflects transition from a declining suburban mall to a vibrant neighbourhood hub, benefiting from proximity to Kipling TTC subway station (two lines) and GO rail, plus Highway 427 and Gardiner Expressway access. However, competition from nearby Sherway Gardens and Humbertown Centre poses challenges. Current occupancy is estimated at 80-85% based on regional retail trends, with footfall impacted by redevelopment uncertainty and an aging infrastructure. Rent levels for small retail spaces range from CAD 30-50 per square foot annually, net, influenced by GTA average retail vacancy of 1.7% in 2025 reports. Leasing advantages include flexible terms during transition, potential for integrated residential foot traffic post-redevelopment, and demographic support from a diverse Etobicoke population of over 200,000 within 5 km, with median household income around CAD 75,000 and high immigrant representation driving demand for convenience retail. Drawbacks encompass construction disruptions, market saturation in big-box categories, and risks from economic pressures on consumer spending in outer suburbs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Home Hardware, Rexall, Winners, Kitchen Stuff Plus&quot;,&quot;distance&quot;:17.81,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Home Hardware, Rexall, Winners, Kitchen Stuff Plus&quot;}},{&quot;id&quot;:6123,&quot;slug&quot;:&quot;malvern-town-centre&quot;,&quot;name&quot;:&quot;Malvern Town Centre&quot;,&quot;lat&quot;:&quot;43.806462&quot;,&quot;lng&quot;:&quot;-79.2216068&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Malvern Town Centre, located at 2369-2375 Brimley Road in Torontos Scarborough district, is an 83,600 square foot open-air shopping centre serving the diverse Malvern neighbourhood. Anchored by a 50,000 square foot Bestco Foodmart, one of the citys leading Asian grocers, it hosts over 40 tenants focused on Asian cuisine, cultural goods, and essential services, including BMO Bank and Dollarama. The centres market position leverages the areas strong ethnic retail demand, with a primarily Asian demographic driving consistent traffic. Accessibility is strong via proximity to Highway 401 and Brimley Road, which sees 31,000 average daily vehicle traffic, plus ample on-site parking. In the broader Toronto retail market, suburban occupancy remains tight at around 1.7 percent as of Q1 2025, supported by 9 percent population growth since 2016 outpacing new supply. Average rents in eastern GTA submarkets hover at $25 to $35 per square foot, offering competitive entry for ethnic and convenience retailers. Leasing advantages include stable anchor tenancy and targeted footfall from local households, with 3km radius population of 119,692 and average household income of $90,300. However, the centres aging infrastructure and proposed redevelopment into a mixed-use community by Davpart Inc., including residential towers and public spaces, introduce uncertainty; Phase 1 construction may start in 3-5 years, potentially disrupting operations. Tenant mix strengths lie in niche Asian offerings, but competition from nearby plazas like Woodside Square and larger regional malls such as Scarborough Town Centre poses risks of market saturation in grocery and fast-casual categories. Operational quality is adequate, though footfall metrics are moderate compared to downtown hubs, emphasizing the need for retailers to align with community preferences for cultural authenticity.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Freshland Supermarket, Your Dollar Store with More, Planet Fitness, Labels, Taibu Medical Centre, Hart Stores&quot;,&quot;distance&quot;:15.55,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;27000&quot;,&quot;anchor_tenants&quot;:&quot;Freshland Supermarket, Your Dollar Store with More, Planet Fitness, Labels, Taibu Medical Centre, Hart Stores&quot;}},{&quot;id&quot;:5561,&quot;slug&quot;:&quot;woodbine-centre&quot;,&quot;name&quot;:&quot;Woodbine Centre&quot;,&quot;lat&quot;:&quot;43.7202951&quot;,&quot;lng&quot;:&quot;-79.599878&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Woodbine Centre, located at 500 Rexdale Boulevard in the Rexdale neighborhood of Etobicoke, Toronto, Ontario, is a regional shopping mall originally opened in 1985 by Cadillac Fairview and spanning approximately 1 million square feet on a 52-acre site. The property features over 130 retail spaces, including a diverse tenant mix of fashion retailers, food courts, services, and entertainment options such as the adjacent Fantasy Fair, Ontario&#39;s largest indoor amusement park with rides, a soft play area, and a 3D theater. Anchors have historically included major department stores, though recent closures of chains like Sears and Zellers have shifted the focus to smaller, independent ethnic-oriented businesses serving the local immigrant community. The mall&#39;s market position as a neighborhood center benefits from proximity to Woodbine Racetrack and Casino, drawing some event-driven traffic, but faces challenges from declining occupancy amid receivership proceedings initiated in May 2023 by Romspen Investment Corporation, with the property listed for sale as a mixed-use redevelopment opportunity. Accessibility is strong via major highways including Highway 27, 427, and 407, with ample surface parking, though public transit relies on bus routes with connections to Kipling Station. Footfall is moderate, estimated at neighborhood levels without specific metrics available, influenced by the area&#39;s demographics of diverse, lower-to-middle-income households. Rent levels are competitive and below market averages for Toronto malls, potentially offering entry-level leasing advantages for startups, but risks include aging infrastructure, high vacancy rates around 30-40% based on visual reports, and competition from stronger regional centers like CF Sherway Gardens. Operational quality varies, with recent theater renovations noted, but overall foot traffic has declined due to e-commerce shifts and anchor tenant losses, positioning it as a value-oriented site for budget-conscious retailers targeting ethnic markets rather than high-end brands.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Fantasy Fair&quot;,&quot;distance&quot;:19.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;107&quot;,&quot;gla_sqm&quot;:&quot;69677&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Fantasy Fair&quot;}},{&quot;id&quot;:7294,&quot;slug&quot;:&quot;kipling-queensway-mall&quot;,&quot;name&quot;:&quot;Kipling Queensway Mall&quot;,&quot;lat&quot;:&quot;43.6417&quot;,&quot;lng&quot;:&quot;-79.5639&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Kipling Queensway Mall, located at 1255 The Queensway, Etobicoke, Toronto, is an open-air shopping center with 244,036 sq ft gross leasable area at the intersection of Kipling Avenue and The Queensway. It serves an established commercial node with a focus on essential retail. Tenant mix includes anchor Sobeys grocery (34,246 sq ft), a liquidation outlet in the former Zellers space (95,944 sq ft), Fit 4 Less gym (17,434 sq ft), Mandarin Restaurant (13,381 sq ft), Swiss Chalet (7,750 sq ft), RBC bank (11,113 sq ft), Spoon and Fork Restaurant (6,035 sq ft), LCBO liquor store, Shoppers Drug Mart pharmacy, and service businesses. The demographics encompass a diverse population of about 24,000 within 3 km, median household income of $85,000, including families and immigrants, supporting everyday shopping needs. Accessibility benefits from proximity to Kipling TTC subway station (800 m walk), Kipling GO station, and major routes like Gardiner Expressway and QEW. However, the property is aging with low footfall and occupancy rates below 50%, facing competition from upscale CF Sherway Gardens. As of January 2026, the mall has been demolished following 2025 approval for redevelopment into a 13-tower community with over 7,000 residential units, an elementary school, and parkland. Rent levels range $25-35 per sq ft net, lower than enclosed malls, suitable for short-term leases amid transition. Market factors include suburban retail saturation and preference for mixed-use developments, offering limited leasing advantages but significant risks due to uncertain future.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Sobey&#39;s, Fit 4 Less, Mandarin Restaurant&quot;,&quot;distance&quot;:17.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;22670&quot;,&quot;anchor_tenants&quot;:&quot;Sobey&#39;s, Fit 4 Less, Mandarin Restaurant&quot;}},{&quot;id&quot;:5896,&quot;slug&quot;:&quot;woodbine-mall&quot;,&quot;name&quot;:&quot;Woodbine Mall&quot;,&quot;lat&quot;:&quot;43.7202951&quot;,&quot;lng&quot;:&quot;-79.599878&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Woodbine Mall, located at 500 Rexdale Boulevard in Torontos Rexdale neighborhood, spans 750,000 square feet across two floors and houses over 130 stores and services. Opened in 1985 by Cadillac Fairview, it features the unique Fantasy Fair indoor amusement park with rides including a carousel and Ferris wheel, though some attractions closed in 2024. The property entered receivership in 2023 due to financial difficulties, including unpaid taxes, and remains for sale as of 2025 under Ernst and Young management. Tenant mix includes small independent retailers, ethnic grocery stores, services, and a food court catering to local needs, with two anchor tenants providing basic retail draw. Market position reflects challenges in northwest Toronto, where population growth drives demand but e-commerce and competition from larger centers like Square One Shopping Centre erode footfall. Occupancy hovers at 50-70 percent, below GTA averages of 98.5 percent for enclosed malls. Rent levels align with regional norms at approximately 35-36 dollars per square foot net net net, offering potential for value tenants. Accessibility via Highway 27 and TTC buses is adequate, with a new GO station planned nearby enhancing future connectivity. Leasing advantages include serving a diverse, immigrant-heavy community with lower barriers for small businesses, though risks from aging infrastructure and receivership status temper appeal. Overall, it suits niche operators targeting local demographics amid broader retail resilience in the GTA, where sales per square foot average 600 dollars annually, but site-specific sales lag due to reduced traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Walmart,Hudson&#39;s Bay,Fantasy Fair&quot;,&quot;distance&quot;:19.18,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;63060&quot;,&quot;anchor_tenants&quot;:&quot;Walmart,Hudson&#39;s Bay,Fantasy Fair&quot;}},{&quot;id&quot;:5474,&quot;slug&quot;:&quot;cf-sherway-gardens&quot;,&quot;name&quot;:&quot;Cf Sherway Gardens&quot;,&quot;lat&quot;:&quot;43.6118804&quot;,&quot;lng&quot;:&quot;-79.5571072&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;CF Sherway Gardens is a 1,219,230 square foot enclosed regional shopping center located at 25 The West Mall in Etobicoke, Toronto&#39;s west end, near the interchange of Highway 427 and Queen Elizabeth Way. Opened in 1971 and owned by Cadillac Fairview, it serves as a premium retail destination catering to fashion-forward families in a vibrant, booming community. The mall features 186 stores, restaurants, and services, with a tenant mix emphasizing upscale fashion, beauty, and dining options. Key anchors include Saks Fifth Avenue (150,000 sq ft) and Sport Chek, alongside mid-tier brands like Abercrombie \u0026 Fitch, American Eagle Outfitters, Bath \u0026 Body Works, Harry Rosen, and new additions such as Eataly and over 50 retailers introduced since 2023 in categories like apparel, cosmetics, and food. Recent upgrades include a revamped food court, improved lighting, and new washrooms, supporting its position as a top 10 Canadian shopping center. Occupancy stands at 95%, outperforming Toronto&#39;s average vacancy of 8-10%, with overall sales per square foot at $1,377 and food court sales at $3,464. The property benefits from ongoing mixed-use redevelopment, enhancing long-term viability through residential and office integration. Leasing advantages include strong sales productivity and proximity to affluent demographics, though base rents range $120-180 per square foot plus percentage clauses. Market factors include high accessibility via major highways and Pearson International Airport, drawing regional traffic from the Greater Toronto Area&#39;s 7 million residents, a multicultural hub contributing 20% to Canada&#39;s GDP. Potential drawbacks involve construction disruptions from intensification and competition from nearby centers like Square One Shopping Centre.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Toronto&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Sport Chek, Cineplex Cinemas&quot;,&quot;distance&quot;:19.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;109800&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Sport Chek, Cineplex Cinemas&quot;}}]}" data-map-update-url-value="/malls/smart-centres-leaside" id="mall-map-wrapper"><div data-city="Toronto" data-current-mall="true" data-id="smart-centres-leaside" data-lat="43.709906" data-lng="-79.3616569" data-map-target="mall" data-name="Smart Centres Leaside" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">50,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">148,000 CAD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">120 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,500 CAD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 CAD per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,500 CAD per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 CAD per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">1,200,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">45 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">5,000 CAD per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">25 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,172 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500 CAD per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Proximity</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">High Adoption</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Comprehensive Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Regular Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">Medium Penetration</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Active Pipeline</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phased Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>