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 3,200square 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.
Address
31 Elm Street
List Price
$6,999,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Office
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Bay Street Corridor
Region
Toronto
Lot Depth
104.77
Lot Type
Lot
Lot Size Units
Feet
Lot Width
22.53
Total Building Area
6400
Occupant Type
Partial
Cross Street
Yonge/Dundas
MLS® Number
C12627794
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement
Yes
Postal Code
M5G 1H1
Posession Details
Flexible
Tax Amount
$23,254.00
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Tax Legal Description
LT 11 PL D36 TORONTO; PT LT 12 PL D36 TORONTO AS I
Security Features
No
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