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462 ADELAIDE STREET E
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462 ADELAIDE STREET E $4,999,900
$4,999,900
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462 ADELAIDE STREET E
Toronto (Moss Park), Ontario M5A1N4

MLS® Number: C12049089

Listing Description

Secure an address on Adelaide Street ! This is your opportunity to acquire 4300 sqft of commercial condo space with over 130 ft of frontage in one of Toronto's most sought-after and rapidly developing areas! Complemented by a massive patio with seating for 50+ people, making the possibilities endless. Strategically positioned beneath Axiom Condos, a modern 21-story residential tower with 527 units, and directly across from the highly anticipated EQ Bank Tower, a 24-story 450,000 sqft office building, this property offers exceptional visibility and access to a growing customer base. Conveniently located 250 meters from the future Corktown Subway Station, and only 300 meters from George Brown College's downtown campus. The area is experiencing substantial growth, with over 12,000 residential units either under construction or in pre-construction phases, ensuring a steady influx of potential customers and tenants. This makes it the ideal investment opportunity for any investor looking to enhance their real estate portfolio. Currently tenanted by a restaurant/lounge with a strong lease in place. Attractive zoning allows for a wide range of uses, making the space ideal for various businesses, including financial institutions, medical uses, retail stores, offices, veterinary clinics, places of worship, service shops, and educational uses such as private schools or daycares. With its unbeatable location and diverse zoning options, this property presents a fantastic investment opportunity in one of Toronto's fastest-growing neighbourhoods. (40140507)

Location Description

Adelaide St E / Ontario St

Property Summary

Property Type
Business
Community Name
Moss Park
Land Size
136 FT
Age Of Building
6 to 15 years
Annual Property Taxes
$36,677.33
Parking Type
Underground
Time on REALTOR.ca
11 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Underground
Total Parking Spaces
2

Measurements

Square Footage
4300 sqft

Land

Lot Features
Frontage
136 ft
Other Property Information
Zoning Description
RA
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MICHAEL JONATHAN SIMONE