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Executive Summary
Renovated freestanding 6,200 SF commercial building with a leased billboard.
The property features 25-foot ceilings, a roll-up door, bright open space, private offices, and two restrooms. Situated on a 7,341 SF lot at a high-traffic intersection near Bancroft Ave.
Excellent opportunity for investors or potential owner-users. The property is currently fully leased; however, the existing tenant may consider an early lease termination for a qualified owner-user purchase.
New roof with 10-year warranty (installed January 2026).
Zoned CN-3 and suitable for a wide variety of commercial uses, including restaurants, cafés, retail shops, medical or wellness offices, salons, fitness or dance studios, and creative workspaces. Pet care businesses such as grooming or veterinary offices are also permitted, along with limited urban agriculture under zoning guidelines. Some residential or live/work opportunities may also be possible.
The property features 25-foot ceilings, a roll-up door, bright open space, private offices, and two restrooms. Situated on a 7,341 SF lot at a high-traffic intersection near Bancroft Ave.
Excellent opportunity for investors or potential owner-users. The property is currently fully leased; however, the existing tenant may consider an early lease termination for a qualified owner-user purchase.
New roof with 10-year warranty (installed January 2026).
Zoned CN-3 and suitable for a wide variety of commercial uses, including restaurants, cafés, retail shops, medical or wellness offices, salons, fitness or dance studios, and creative workspaces. Pet care businesses such as grooming or veterinary offices are also permitted, along with limited urban agriculture under zoning guidelines. Some residential or live/work opportunities may also be possible.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,200 SF
Building Class
C
Year Built
1928
Price
$1,944,880 CAD
Price Per SF
$313.69 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.84
Lot Size
0.17 AC
Zoning
CN-3 - CN-3 Commercial Neighborhood - The intent of the CN-3 Zone is to create, improve, and enhance areas
neighborhood commercial centers. See attached.
Parking
1 Spaces (0.16 Spaces per 1,000 SF Leased)
Frontage
32’ on Seminary Ave
Amenities
- 24 Hour Access
- Signage
- Skylights
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 038-3182-004-00 | Improvements Assessment | $835,139 CAD |
| Land Assessment | $476,176 CAD | Total Assessment | $1,311,315 CAD |
Property Taxes
Parcel Number
038-3182-004-00
Land Assessment
$476,176 CAD
Improvements Assessment
$835,139 CAD
Total Assessment
$1,311,315 CAD
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2515 Seminary Ave
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