462 Adelaide Street, Toronto C08, ON Image 1

$4,999,900

Commercial Retail For Sale
MLS - #C12048775
Mar 28- By HOMELIFE/ROMANO REALTY LTD.

462 Adelaide Street, Toronto C08, ON M5A 1N4

Bed
Bath
4300 Sqft.
Underground Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

4300 Sqft

About 462 Adelaide Street

Secure an address on Adelaide Street ! This is your opportunity to acquire 4300 sqft of commercial condo space with over 130 ft of frontage in one of Toronto's most sought-after and rapidly developing areas! Complemented by a massive patio with seating for 50+ people, making the possibilities endless. Strategically positioned beneath Axiom Condos, a modern 21-story residential tower with 527 units, and directly across from the highly anticipated EQ Bank Tower, a 24-story 450,000 sqft office building, this property offers exceptional visibility and access to a growing customer base. Conveniently located 250 meters from the future Corktown Subway Station, and only 300 meters from George Brown College's downtown campus. The area is experiencing substantial growth, with over 12,000 residential units either under construction or in pre-construction phases, ensuring a steady influx of potential customers and tenants. This makes it the ideal investment opportunity for any investor looking to enhance their real estate portfolio. Currently tenanted by a restaurant/lounge with a strong lease in place. Attractive zoning allows for a wide range of uses, making the space ideal for various businesses, including financial institutions, medical uses, retail stores, offices, veterinary clinics, places of worship, service shops, and educational uses such as private schools or daycares. With its unbeatable location and diverse zoning options, this property presents a fantastic investment opportunity in one of Toronto's fastest-growing neighbourhoods.

Home Overview

Last updated

Mar 28

Virtual tour

None

Basement information

Building size

4300

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
499990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 462 Adelaide Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$19096.23/ month
$3,999,920 Principal and Interest

Some information about this property - Adelaide Street

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