$23,985,000

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. (id:41202)