ON > Toronto C01
Toronto C01, ON M5G 1H1,31 Elm ST
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Toronto C01, ON M5G 1H1,31 Elm ST
Toronto C01, ON M5G 1H1,31 Elm ST
Toronto C01, ON M5G 1H1,31 Elm ST
Toronto C01, ON M5G 1H1,31 Elm ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 6,999,000
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31 Elm ST Toronto C01, ON M5G 1H1

6,400 SqFt

UPDATED:

12/11/2024 03:14 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $1,093

MLS Listing ID C11888161

Annual Tax Amount $23,254

Tax Year 2023

Property Description

Exceptional investment opportunity in the heart of downtown Toronto! This rare, fully renovated, freestanding 3-storey building is situated steps from Yonge and Dundas Square, offering unparalleled proximity to major landmarks such as SickKids Hospital, City Hall, and the bustling Yonge-Dundas entertainment district. Featuring 6,400 square feet across four levels, this versatile property is zoned CR for commercial, retail, and residential uses, making it ideal for restaurants, schools, medical offices, or mixed-use operations. The main floor and basement are leased to a reputable tenant, while the top two floors, totaling 3,200 square feet, are vacant and ready for immediate use with newly built office suites. Highlights include first-class renovations, heritage facade with original stained-glass windows, 4 parking spaces, high ceilings, and skylights on the upper floor. exceptional location, this property is a rare find in Toronto's most dynamic district.

Location

Province ON

County Toronto

Community Bay Street Corridor

Area Toronto

Region Bay Street Corridor

City Region Bay Street Corridor

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features No

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
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31 Elm ST