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299 Adelaide St W 11,618 SF 100% Leased Retail Building Toronto, ON M5V 1P7 $14,495,000 CAD ($1,247.63 CAD/SF)
EXECUTIVE SUMMARY
CBRE Limited ("CBRE" or the "Advisor") is pleased to offer an exceptional retail property & 166 parking stalls located at 299 Adelaide Street West (the "Property" or the "Site"), situated in the heart of Toronto's Entertainment District. This prime retail space spans 11,618 sq. ft. across two levels, featuring soaring 20+ ft. ceiling heights and more than 50 ft. of frontage along Adelaide Street, ensuring high visibility and foot traffic. The property is 100% leased to Petros 82, a well-established restaurant, under a 10-year lease, providing stable, long-term cash flow. This property represents a rare investment opportunity in one of Toronto's most dynamic neighborhoods, offering beautiful retail space with a reliable tenant in an area known for its thriving cultural and entertainment scene.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,618 SF
Building Class
B
Year Built
1990
Price
$14,495,000 CAD
Price Per SF
$1,247.63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.98
Lot Size
0.27 AC
Zoning
C2 - Commercial
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
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299 Adelaide St W
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