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$ 8,300,000
Est. payment | /mo
18,104 SqFt
$ 8,300,000
Est. payment | /mo
18,104 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,104 sqft
Price per Sqft $458
Subdivision Little Portugal
MLS Listing ID C12420820
Annual Tax Amount $13
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
11 Peel Avenue features an 18,104 SF office carefree condominium investment opportunity fully leased to Spaces Co-Working until July 2035. Offered for sale at a 7.15% cap on year end 2026 income with contractual growth in the lease throughout the term. The Property is surrounded by amenities, restaurants, shopping & nightlife, and is located in one of Toronto's most dynamic urban neighbourhoods. Located at the ground level of a 500+ unit mixed-use development, the area is continuing to experience exponential residential growth making it an ideal opportunity.
Location
Province ON
County Toronto
Community Little Portugal
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Utilities Available Available
Building
Building Age 6-15
Others
Security Features Yes
Listed by CUSHMAN & WAKEFIELD
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.