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Executive Summary
1640 Piedmont Ave NE is a prime property in the nexus of Piedmont Heights, Ansley, Lenox Park and Morningside, offering 2,638 SF of flexible space on a 0.27-acre lot zoned R-LC-C, ideal for retail, medical, mixed-use, or multifamily development. Built in 1925, the building blends historic charm with modern potential and sits in a high-traffic, high-income corridor just minutes from Midtown. Buyers can also acquire the neighboring 1624 Piedmont Ave to double the footprint—perfect for a multi-tenant concept, expanded office space, or residential infill. Surrounded by strong comps and ongoing growth in the corridor, this is a rare opportunity to secure a versatile property with exceptional visibility, walkability, and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,638 SF
Building Class
C
Year Built/Renovated
1925/2006
Price
$2,385,145 CAD
Price Per SF
$904.15 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
879 SF
Slab To Slab
8’
Building FAR
0.22
Lot Size
0.27 AC
Zoning
RG2 - Residential
Parking
11 Spaces (4.17 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
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Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 17-0056-0012-039-1 | Improvements Assessment | $165,695 CAD |
| Land Assessment | $228,767 CAD | Total Assessment | $394,462 CAD |
Property Taxes
Parcel Number
17-0056-0012-039-1
Land Assessment
$228,767 CAD
Improvements Assessment
$165,695 CAD
Total Assessment
$394,462 CAD
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1640 Piedmont Ave NE
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