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90,040 SqFt
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90,040 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Rent
Square Footage 90,040 sqft
Municipality Toronto C01
Subdivision Waterfront Communities C1
MLS Listing ID C13430396
Annual Tax Amount $18
Tax Year 2025
Property Sub-Type Investment
Property Description
This exceptional offering comprises a high-quality freestanding, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq ft) with a larger 13,552 sq ft floor, while adding a new sixth floor of 10,635 sq ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for prospective tenants to secure a landmark historic asset with strategic advantages. The property's availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities and sustained demand for character office space within a highly sought after node.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning CR
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 309.38
Others
Security Features Partial
ParcelsYN No
Listed by COLLIERS
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