Not long after RONA inc. was acquired by Sycamore Partners, a private-equity firm in New York City, at the beginning of 2023, the company consolidated a few of its big boxes in Canada. One of the closures was this former 113,000 sq. ft. RONA Home & Garden in the Golden Mile area of Scarborough, a suburb of Toronto. It is now on the market by Navona Investor Services using the commercial real estate firm Avison Young. They are asking a lease price of $19.95 per square foot (source: Avison Young) or for purchase at $50.9 million (source: React News, a real estate news service).
Got a spare $51 million? You could buy this former RONA big box in Toronto
Most Recent
Most Read
Nominations open for Outstanding Retailer Awards
Wed, April 30th, 2025
Retail panel will discuss impacts of Buy Canadian movement
Wed, April 30th, 2025
CTC's Rex Lee named one of Canada's top execs
Wed, April 30th, 2025
Atlas Engineered Products releases Q4 results
Wed, April 30th, 2025
Liberals hold minority, Poilievre and Singh defeated
Tue, April 29th, 2025
Correction: Gillfor is distributor for West Fraser LVL in Eastern Canada
Tue, April 29th, 2025
Maxi expands outside Quebec
Tue, April 29th, 2025
BMR grows business development team
Mon, April 28th, 2025
Quebec industry gala draws record crowd to celebrate its own
Mon, April 28th, 2025
Housing starts remain at 1970s levels
Mon, April 28th, 2025