18 Gloucester Ln
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18 Gloucester Ln
11,739 SF 100% Leased Office Building Toronto, ON M4Y 1L5 £4,765,753 (£406/SF)
Investment Highlights
- Unique opportunity for customization
- Prime location near new developments
- Historic building with film industry ties
Executive Summary
A Unique 5.5 Storey Building Filled With Character And Offering A Wonderful Opportunity For A User To Customize and Occupy Over 2,500 This unique 5.5-storey building brims with character and presents an exceptional opportunity for a user to customize over 2,500 square feet of live/work/creative space on the upper levels. The main floor and basement are suitable for restaurant, café, or service use, providing a vibrant community hub, with the added benefit of supplementary income from three floors of beautifully renovated office space. Notably, the property was once owned by acclaimed film director Norman Jewison, who produced numerous films at this location. Nestled on a laneway and backing onto properties on the East side of Yonge between Isabella and Gloucester Street, it features frontage onto a Green P parking area with 15 parking spots and Norman Jewison Park. The area is experiencing significant growth, surrounded by new residential condominiums, office spaces, and retail developments within 200 meters.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,739 SF
Building Class
B
Year Built
1928
Price
£4,765,753
Price Per SF
£406
Percent Leased
100%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
1,957 SF
Slab to Slab
10 ft
Building FAR
5.39
Land Acres
0.05 AC
Zoning
CR
Parking
33 Spaces (2.81 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Biker's Paradise (96)
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18 Gloucester Ln
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