101 Duncan Mill Rd 101 Duncan Mill Rd 79,826 SF Office Building Toronto, ON M3B 1Z3 For Sale

Avison Young has been retained to advise on the sale of 101 Duncan Mill Road, Toronto (the “Property”) - a 79,997 sf office building situated on a generous 2.72-acre site with flexible zoning. Ideally suited for business owners or users seeking ownership of their space, this well-located property offers immediate occupancy of 47% of the Property, with the potential to reclaim additional space over time.
Located just off the Highway 401 and Don Valley Parkway interchange, the Property provides outstanding regional connectivity. It is served by a TTC bus stop at its frontage, with the Line 4 (Sheppard) subway service just 1.5 km away.
Currently 53% leased to a mix of tenants, the property offers a short Weighted Average Lease Term (WALT) of 1.2 years, creating a unique opportunity to customize occupancy over time or fully reposition the asset. Existing rents average $12.11 psf, significantly below the area average of $15.00 psf, providing upside through lease-up, rental adjustment, or redevelopment.
This is a rare opportunity to acquire an office asset in one of Toronto’s most accessible and established employment corridors. In addition, the ability to immediately occupy 47% or 37,000 sf and the opportunity of taking back more space from tenants, 101 Duncan Mill Road presents a rare offering to a user for occupancy or redevelopment.