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Main Photo: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 1: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 2: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 3: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 4: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 5: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 6: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 7: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 8: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 9: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Photo 10: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C11947133
Freestanding 10-storey boutique office tower situated at the corner of Bay and Cumberland in Canadas most prestigious mixed-use neighbourhood. Recent upgrades, LEED Gold certification, and efficient 9,250 sq. ft. floor plates appeal to a wide range of small to mid-size tenants seeking institutional space with direct TTC access. Current occupancy of 83% to 20 tenants enables leasing upside at rents that have consistently outperformed the market. The Bloor-Yorkville neighbourhood boasts the worlds most distinguished luxury lifestyle, F&B, and retail amenities. Unparalleled residential intensification with 9 active projects (+3,800 units) and 12 proposed projects (+6,000 units) in various stages of development at the highest price points in Toronto (+$2,400 PSF) will continue to augment the nodes international appeal.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
97480 sq. ft. Square Feet
Total Area:
2.24 acre(s)
Retail Area:
14395 sq. ft. Sq Ft
Office/Apt Area:
83085 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
CR 7.8 (c4.5; r7.8) SS1
Heating type:
Electric Forced Air
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Call LBO
Type Taxes:
Annual
Taxes:
$730,269.5 / 2024
Assessment:
$- / -
Toronto C02
Annex
Toronto
Public Transit, Subways
Yes
Freight+Public
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Jan 30, 2025
Original Price:
$48,000,000
  • Photo 1: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
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  • Photo 9: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
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  • Photo 10: 1235 Bay Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C11947133
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Listed by CBRE LIMITED
Data was last updated February 22, 2025 at 04:15 PM (UTC)
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