416-643-3438
545 Lake Shore Blvd W, Toronto, ON for Sale
Office - FOR SALE
1/5
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545 Lake Shore Blvd W
Toronto, ON M5V 1A3
Waterfront Communities-The Island


HIGHLIGHTS

  • Unique Opportunity To Own or Lease a Boutique Mixed-Use Commercial Asset
  • Assets of this scale and quality are increasingly scarce in downtown Toronto.
  • Strategic Transit Oriented Location Adjacent to Billy Bishop Airport
  • Flexible Zoning Supporting Adaptive Reuse and Diverse Commercial Uses
  • Future Proof Your Occupancy Costs

OVERVIEW

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

CR

APN/PARCEL ID

CUSTOM-1172195

ASK ABOUT THIS PROPERTY

Nicholas KendrewColliersMore Info
416-643-3438

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Nicholas KendrewColliersMore Info
416-643-3438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.