A boutique office building located in the heart of the Mink Mile currently home to luxury retailers including Gucci and various office tenants
Harry Rosen, a leading luxury menswear retailer, will relocate its Canadian flagship store from its existing Bloor Street location to a new 38,000 square feet
retail store at 130 Bloor. The new location will occupy all of the building’s Cumberland Street ground floor retail frontage in addition to 32,000 square feet, which encompasses all of the building’s 2nd and 3rd floors, which are being converted from office to retail space to accommodate the new tenant.
This transaction creates substantial long-term value for KingSett’s Canadian Real Estate Income Fund (“CREIF”) by increasing the proportion of the building leased as high street retail from 13% to 31%. Retail rents in Yorkville achieve a premium over office rents and as retail rents will now represent 45% of the building’s revenue, valuation metrics and building liquidity will improve.
Harry Rosen’s flagship store will open in Spring 2026, featuring a high energy exterior and interior design with customer-centric experiences throughout the
store. This elevated space will house a luxurious client lounge, espresso bar, and a large patio overlooking the Village of Yorkville Park.
This new flagship store will be a transformative addition to 130 Bloor, further solidifying Bloor Yorkville as a premium luxury shopping destination and
demonstrates how active asset management, relationships and creativity builds asset resilience to deliver sustainable premium risk-weighted returns.
