Toronto C08 M5A 1P4
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C5,265,000
($3,783,200)
(€3,277,500)
Annual Taxes:C69,187.28
505 Park Ave, New York, NY 10022

This is a rare opportunity to acquire a distinctive brick and beam building in the heart of downtown Toronto.

Description

This is a rare opportunity to acquire a distinctive brick and beam building in the heart of downtown Toronto. With versatile occupancy options, this property is perfect for an owner-occupier or end user seeking to fully or partially occupy the space while benefiting from additional rental income from current Tenants. For investors, it presents the chance to stabilize the asset and enjoy cash flow from rental income, with potential redevelopment upside in the future. Situated just an 18-minute walk from Union Station, the building is nestled in historic Old Town Toronto, surrounded by the King Streetcar, St. Lawrence Market, and a vibrant mix of local eateries and cafes. The property boasts exceptional pedestrian pedestrian and vehicular exposure, paired with direct TTC access for seamless commuting.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.