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$ 23,985,000
Est. payment | /mo
10 Baths
24,000 SqFt
$ 23,985,000
Est. payment | /mo
10 Baths
24,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $999
Municipality Toronto C01
Subdivision Kensington-Chinatown
MLS Listing ID C13826508
Annual Tax Amount $120,000
Tax Year 2026
Property Sub-Type Investment
Property Description
Prime downtown Toronto investment, owner-user and redevelopment opportunity. Substantial three-storey brick-and-beam commercial building with a semi-basement, offering approximately 24,000 sq. ft. across four levels. Features include approximately 6,000 sq. ft. floor plates, a service elevator connecting all levels and a rear loading dock located within the building's footprint. Strategically located west of University Avenue near Queen Street West, TTC subway and streetcar service, major hospitals, OCAD University, the Art Gallery of Ontario and downtown business districts. Suitable for investors or owner-users, including financial and professional offices, corporate headquarters, retailers, showrooms and other commercial operators. The property also offers redevelopment potential of approximately 20 storeys, subject to applicable planning, zoning and municipal approvals. An opportunity to acquire an income-producing downtown asset with owner-user flexibility and long-term development potential.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Available
Lot Frontage 65.29
Lot Depth 109.68
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX ALL-STARS REALTY INC.
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