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53-55 Berkeley St 5,070 SF 1% Leased Office Building Toronto, ON M5A 2W5 $3,900,000 CAD ($769.23 CAD/SF)
EXECUTIVE SUMMARY
Mixed-use property with turnkey opportunity for a variety of businesses. Newly renovated building suitable for both commercial and residential use. Possibility to convert the entire space into offices, or lease out one or both units as an investment opportunity.
The lower 2 floors boast 3,000 sq.ft. of bright and airy office and retail space. Built out with a modern kitchen, offices/boardrooms, 3 bathrooms, and private backyard. The upper 2 floors feature a spacious 2,000 sq.ft. loft with 2 terraces, a fireplace, 2 bedrooms and 2 bathrooms.
Located in a vibrant neighbourhood with new developments nearby and just a short walk from the future Corktown stop on the Ontario line.
The lower 2 floors boast 3,000 sq.ft. of bright and airy office and retail space. Built out with a modern kitchen, offices/boardrooms, 3 bathrooms, and private backyard. The upper 2 floors feature a spacious 2,000 sq.ft. loft with 2 terraces, a fireplace, 2 bedrooms and 2 bathrooms.
Located in a vibrant neighbourhood with new developments nearby and just a short walk from the future Corktown stop on the Ontario line.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,070 SF
Building Class
B
Year Built
1885
Price
$3,900,000 CAD
Price Per SF
$769.23 CAD
Percent Leased
1%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.94
Lot Size
0.06 AC
Zoning
CR SS1 - Commercial residential
Parking
15 Spaces (3 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- Partitioned Offices
- Air Conditioning
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (99)
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53-55 Berkeley St
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