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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto C08
Subdivision Church-Yonge Corridor
MLS Listing ID C12540356
Annual Tax Amount $402,056
Tax Year 2025
Property Sub-Type Investment
Property Description
This unique offering comprises a seven-storey mixed use office and retail building located in Toronto's Sankofa Square for a total of 56,514 sq. ft. located on 0.19 acres. Built in 2004, the Property offers a rare opportunity to acquire a modern retail and office building directly adjacent to Dundas subway station and the Eaton Centre. The Property features abundant natural light, a rooftop deck, with westward views over the square and prime viewing for many of the city's spectacular cultural events hosted in the vicinity. The Property is being offered with vacant possession. The podium signage atop the building is included in the offering, serving as a highly visible branding platform in one of Toronto's most trafficked pedestrian corridors and generating significant third-party income. The prominence and exposure of the signage and on building branding opportunities make it a defining component of the asset, enhancing both its revenue profile and its strategic appeal. With full vacancy, the Property is ideally suited for an owner-occupier seeking a flagship downtown presence, while also presenting a compelling value-add opportunity for investors to lease up and capitalize on strong demand in this dynamic urban node.
Location
Province ON
County Toronto
Community Toronto C08
Area Toronto
Zoning CR4 (c2;r4*1687), CR4 (c2;r4*1320)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 124.89
Others
Security Features Yes
ParcelsYN No
Listed by COLLIERS
Schools and Properties Nearby
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