ON > Toronto C02 > Annex
Toronto C02, ON M5R 3K4,1235 Bay ST
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Toronto C02, ON M5R 3K4,1235 Bay ST
Toronto C02, ON M5R 3K4,1235 Bay ST
Toronto C02, ON M5R 3K4,1235 Bay ST
Toronto C02, ON M5R 3K4,1235 Bay ST
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Jamie Black

Jamie Black

+1(416) 347-9383
$ 48,000,000
Est. payment /mo
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Active

1235 Bay ST Toronto C02, ON M5R 3K4

97,480 SqFt

UPDATED:

01/30/2025 06:30 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 97,480 sqft

Price per Sqft $492

Subdivision Annex

MLS Listing ID C11947133

Annual Tax Amount $730,269

Tax Year 2024

Property Sub-Type Investment

Property Description

Freestanding 10-storey boutique office tower situated at the corner of Bay and Cumberland in Canadas most prestigious mixed-use neighbourhood. Recent upgrades, LEED Gold certification, and efficient 9,250 sq. ft. floor plates appeal to a wide range of small to mid-size tenants seeking institutional space with direct TTC access. Current occupancy of 83% to 20 tenants enables leasing upside at rents that have consistently outperformed the market. The Bloor-Yorkville neighbourhood boasts the worlds most distinguished luxury lifestyle, F&B, and retail amenities. Unparalleled residential intensification with 9 active projects (+3,800 units) and 12 proposed projects (+6,000 units) in various stages of development at the highest price points in Toronto (+$2,400 PSF) will continue to augment the nodes international appeal.

Location

Province ON

County Toronto

Community Annex

Area Toronto

Zoning CR 7.8 (c4.5; r7.8) SS1

Interior

Cooling Yes

Exterior

Community Features Public Transit, Subways

Utilities Available Available

Others

Security Features Yes

Listed by CBRE LIMITED
agent

Jamie Black

Sales Representative

+1(416) 347-9383

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1235 Bay ST

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