Secure an address on Adelaide Street ! This is your opportunity to acquire 4300 sqft of commercial condo space with over 130 ft of frontage in one of Toronto's most sought-after and rapidly developing areas! Complemented by a massive patio with seating for 50+ people, making the possibilities endless. Strategically positioned beneath Axiom Condos, a modern 21-story residential tower with 527 units, and directly across from the highly anticipated EQ Bank Tower, a 24-story 450,000 sqft office building, this property offers exceptional visibility and access to a growing customer base. Conveniently located 250 meters from the future Corktown Subway Station, and only 300 meters from George Brown College's downtown campus. The area is experiencing substantial growth, with over 12,000 residential units either under construction or in pre-construction phases, ensuring a steady influx of potential customers and tenants. This makes it the ideal investment opportunity for any investor looking to enhance their real estate portfolio. Currently tenanted by a restaurant/lounge with a strong lease in place. Attractive zoning allows for a wide range of uses, making the space ideal for various businesses, including financial institutions, medical uses, retail stores, offices, veterinary clinics, places of worship, service shops, and educational uses such as private schools or daycares. With its unbeatable location and diverse zoning options, this property presents a fantastic investment opportunity in one of Toronto's fastest-growing neighbourhoods.
Address
462 Adelaide Street E
List Price
$4,999,900
Property Type
Commercial
Type of Dwelling
Investment
Area
Toronto C08
Sub-Area
Moss Park
County
Toronto
Lot Size Source
MPAC
Lot Type
Lot
Lot Size Units
Feet
Lot Width
136
Approx. Age
6 - 15 Years
MLS® Number
C12049089
Listing Brokerage
HOMELIFE/ROMANO REALTY LTD.
Postal Code
M5A 1N4
Tax Amount
$36,677.33
Tax Year
2024
Community Features
Public Transit, Subways
Heat Type
Gas Forced Air Open
Cooling
Yes
Garage Type
Underground
Security Features
Yes
