1235 Bay St, Toronto MLS Number: C11947133
Annex, Toronto, ON, M5R 3K4$48,000,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $730269.50 (Tax Year:2024)
- Listing Courtesy : Cbre Limited
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$48,000,000
Status: For Sale
Freestanding 10-storey boutique office tower situated at the corner of Bay and Cumberland in Canadas most prestigious mixed-use neighbourhood. Recent upgrades, LEED Gold certification, and efficient 9,250 sq. ft. floor plates appeal to a wide range of small to mid-size tenants seeking institutional space with direct TTC access. Current occupancy of 83% to 20 tenants enables leasing upside at rents that have consistently outperformed the market. The Bloor-Yorkville neighbourhood boasts the worlds most distinguished luxury lifestyle, F&B, and retail amenities. Unparalleled residential intensification with 9 active projects (+3,800 units) and 12 proposed projects (+6,000 units) in various stages of development at the highest price points in Toronto (+$2,400 PSF) will continue to augment the nodes international appeal.
Property Type | :Commercial |
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MLS Number | :C11947133 |
Listing Type | :Sale |
Property Age | :51-99 Years |
Possession Date | : |
Last Updated | :30 Jan, 2025 (21 Days ago) |
Source | :TRREB |
Area | :Toronto |
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Postal Code | :
M5R 3K4
|
Price | : $48,000,000 |
---|---|
Property Taxes | :$730269.50 |
Tax Year | :2024 |
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Cross Street | :BAY ST AT CUMBERLAND ST |
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30 Jan, 2025
TREB #C11947133
Available
$48,000,000