1235 Bay St, Toronto MLS Number: C11947133
Annex, Toronto, ON, M5R 3K4$48,000,000
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $730269.50 (Tax Year:2024)
- Listing Courtesy : Cbre Limited
Maximum 4 project can be compared at one go.
$48,000,000
Status: OFF MARKET
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 |
|---|---|
| MLS Number | :C11947133 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :30 Jan, 2025 (308 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Postal Code | :
M5R 3K4
|
| Price | : $48,000,000 |
|---|---|
| Property Taxes | :$730269.50 |
| Tax Year | :2024 |
|---|
| Cross Street | :BAY ST AT CUMBERLAND ST |
|---|
30 Jan, 2025
TREB #C11947133
Available
$48000000.0