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11 Peel Ave - The Carnaby 2,038 - 18,104 SF Office/Retail Condo Units Offered at $1,200,000 - $8,300,000 CAD Per Unit in Toronto, ON M6J 3K2
INVESTMENT HIGHLIGHTS
- Retail amenities nearby
- High exposure location
- Heavy daytime foot traffic area
- Access to public transit and highway
- Heavy commercialized area
- Natural light exposure
EXECUTIVE SUMMARY
Commercial property located in Toronto, Ontario.
PROPERTY FACTS
| Total Building Size | 519,000 SF | Typical Floor Size | 38,000 SF |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Lot Size | 1.42 AC | |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Floors | 22 |
| Total Building Size | 519,000 SF |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | B |
| Floors | 22 |
| Typical Floor Size | 38,000 SF |
| Year Built | 2016 |
| Lot Size | 1.42 AC |
| Parking Ratio | 2.05/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Controlled Access
- Fitness Center
- Security System
- Recycling
- Smoke Free
- Walking/Biking Trails
- Wi-Fi
- Storage Space
- Elevator
- Green Community
4 UNITS AVAILABLE
Unit 2
| Unit Size | 18,104 SF | Sale Type | Investment |
| Price | $8,300,000 CAD | Cap Rate | 7.15% |
| Price Per SF | $458.46 CAD | NOI | $593,811 CAD |
| Condo Use | Office/Retail |
| Unit Size | 18,104 SF |
| Price | $8,300,000 CAD |
| Price Per SF | $458.46 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 7.15% |
| NOI | $593,811 CAD |
DESCRIPTION
Ground Floor: 12,726 sf
Lower Level A: 5,378 sf
Total: 18,104 sf
SALE NOTES
Cushman & Wakefield ULC has been retained as exclusive advisor (“Advisor”) to seek proposals for the disposition of 11 Peel Street, Toronto, Ontario. Interested purchasers will be required to execute and submit the Vendor’s form of Confidentiality Agreement (“CA”) prior to receiving detailed information on the Offering which may be accessed by an online data room. Submission of offers should be received on the Vendor’s form and will be reviewed on an as received basis. Offers are to be submitted to the listing.
Unit A
| Unit Size | 2,038 SF | Condo Use | Office/Retail |
| Price | $1,200,000 CAD | Sale Type | Investment |
| Price Per SF | $588.81 CAD |
| Unit Size | 2,038 SF |
| Price | $1,200,000 CAD |
| Price Per SF | $588.81 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
DESCRIPTION
Fronting onto the greenspace outside of the development fronting on Dufferin. Bright open space with floor to ceiling windows with exceptional 16’ ceiling heights. Ability to lease a smaller format ground floor space or larger lower level space
with ground floor access. Newly renovated space. Perfect for health & wellness and fitness uses. Potential to use exterior space. Situated at the base of a newly constructed mixed-use vibrant development. featuring over 500 housing units directly on site
SALE NOTES
Fronting onto the greenspace outside of the development fronting on Dufferin. Bright open space with floor to ceiling windows with exceptional 16’ ceiling heights. Ability to lease a smaller format ground floor space or larger lower level space with ground floor access. Newly renovated space. Perfect for health & wellness and fitness uses. Potential to use exterior space. Situated at the base of a newly constructed mixed-use vibrant development featuring over 500 housing units directly on site.
Unit All
| Unit Size | 11,351 SF | Condo Use | Office/Retail |
| Price | $3,000,000 CAD | Sale Type | Investment |
| Price Per SF | $264.29 CAD |
| Unit Size | 11,351 SF |
| Price | $3,000,000 CAD |
| Price Per SF | $264.29 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
DESCRIPTION
11 Peel Avenue Units A & B is a unique opportunity to acquire an 11,351 sf raw shell commercial condo over 2 levels that is surrounded by amenities, restaurants, shopping & nightlife, and is located in one of Toronto’s most dynamic urban neighbourhoods. Offering 3,320 sf at grade + 8,031 sf across the lower level, 11 Peel Avenue offers a wide range of potential uses. With 16' ceiling heights in the lower level, direct elevator access to the unit and high visibility from Dufferin St, the unit permits a wide range of uses including clinic, day nursery, office, retail store & showroom.
Located in a 500+ unit mixed-use development, the Queen W area is continuing to experience exponential residential growth making it an ideal opportunity. Space is available immediately. For more information or to arrange a tour, please contact listing agents.
Unit B
| Unit Size | 9,313 SF | Condo Use | Office/Retail |
| Price | $2,000,000 CAD | Sale Type | Investment |
| Price Per SF | $214.75 CAD |
| Unit Size | 9,313 SF |
| Price | $2,000,000 CAD |
| Price Per SF | $214.75 CAD |
| Condo Use | Office/Retail |
| Sale Type | Investment |
DESCRIPTION
Fronting onto the greenspace outside of the development fronting on Dufferin. Bright open space with floor to ceiling windows with exceptional 16’ ceiling heights. Ability to lease a smaller format ground floor space or larger lower level space
with ground floor access. Newly renovated space. Perfect for health & wellness and fitness uses. Potential to use exterior space. Situated at the base of a newly constructed mixed-use vibrant development. featuring over 500 housing units directly on site
SALE NOTES
Fronting onto the greenspace outside of the development fronting on Dufferin. Bright open space with floor to ceiling windows with exceptional 16’ ceiling heights. Ability to lease a smaller format ground floor space or larger lower level space with ground floor access. Newly renovated space. Perfect for health & wellness and fitness uses. Potential to use exterior space. Situated at the base of a newly constructed mixed-use vibrant development featuring over 500 housing units directly on site.
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11 Peel Ave - The Carnaby
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