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31 Elm St

6,400 SF 50% Leased Retail Building Toronto, ON M5G 1H2 £3,851,660 (£602/SF)

Shops & Retail Properties Ontario Toronto 31 Elm St, Toronto, ON M5G 1H2

Investment Highlights

  • Downtown Gem: Nestled mere steps from the pulsating heart of Toronto at Yonge and Dundas Square
  • Lucrative Leasing Meets Opulent Office Suites: Secure a stream of robust income with existing reputable tenants occupying the Main Floor
  • Architectural Marvel with Versatile Grandeur: Spanning an impressive 6,400 square feet over four levels, and flexible CR zoning

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,400 SF
Building Class
B
Year Built
1892
Price
£3,851,660
Price Per SF
£602
Percent Leased
50%
Tenancy
Multiple
Number of Floors
3
Slab to Slab
9 ft
Building FAR
2.94
Lot Size
0.05 AC
Zoning
CR - CR 7.8 (c2.0; r7.8) SS1 (x1822) Bylaw Chapter 40 Commercial Residential
Parking
3 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
18 ft on Elm St

Amenities

  • Public Transport
  • Signage
  • Roof Lights

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Flipper's Toronto
  • Accommodation and Food Services
  • -
  • -
  • -
  • Lucullus Bakery
  • Manufacturing
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Flipper's Toronto Accommodation and Food Services - - -
Lucullus Bakery Manufacturing - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2nd Floor
  • 1,600 SF
  • Office
  • -
  • Now
  • 3rd Floor
  • 1,600 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
2nd Floor 1,600 SF Office - Now
3rd Floor 1,600 SF Office - Now

2nd Floor

Size
1,600 SF
Space Use
Office
Position
-
Available
Now

3rd Floor

Size
1,600 SF
Space Use
Office
Position
-
Available
Now

Links

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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
Jack Astor's Bar and Grill
Five Guys
Hard Rock Cafe
Milestone's Grill & Bar
Tim Hortons
Shake Shack
T&T Supermarket
Eggsmart
Roti Modern Mediterranean
(416) 637-8000

Contacts

  • Listing ID: 34225139

  • Date on Market: 17/12/2024

  • Last Updated:

  • Address: 31 Elm St, Toronto, ON M5G 1H2

The Retail Property at 31 Elm St, Toronto, ON M5G 1H2 is currently available for sale. Contact Royal LePage Your Community Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

31 Elm St
(416) 637-8000 x

31 Elm St

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Daniel Kim

(416) 637-8000

(416) 637-8000

Tyler McLay

(416) 637-8000

(416) 637-8000

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