18 Gloucester Ln - Office FOR SALE


Toronto, ON M4Y 1L5
$8,495,000 CAD
416-530-1100
18 Gloucester Ln, Toronto, ON for Sale
$8,495,000 CAD
Office - FOR SALE
1/3
null | Request Cap Rate

18 Gloucester Ln
Toronto, ON M4Y 1L5


HIGHLIGHTS

  • Unique opportunity for customization
  • Historic building with film industry ties
  • Prime location near new developments

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,495,000 CAD

PRICE/SF

$724 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CR

APN/PARCEL ID

190406841000300

ASK ABOUT THIS PROPERTY

Don MulhollandBosley Real EstateMore Info
416-530-1100

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Don MulhollandBosley Real EstateMore Info
416-530-1100

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