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38 Avenue Rd
Toronto, ON M5R 2G2 University/Annex

$12,702,053 USD

Apartments Condo For Sale  •  9,948 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,065,768 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 1999
  • Zoning CR
93 Transit Score
99 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Commercial Retail 9,948 SF $12,702,053 USD
  • Unit Size: 9,948 SF
  • Condo Use: Retail
  • Price: $12,702,053 USD
  • Sale Type: Investment
  • Price/SF: $1,276.84 USD
Description
The Property comprises 9,948 Sq. Ft. of GLA, is 
fully leased to seven tenants, and boasts 304 feet 
of irreplaceable frontage along Avenue Road, 
providing excellent street front exposure.

Sale Notes
The Property offers a prime location in Toronto’s preeminent fashion and lifestyle neighbourhood, 
where retail activity is at an all-time high, 
with minimal retail vacancy

Description 

The Property comprises 9,948 Sq. Ft. of GLA, is 
fully leased to seven tenants, and boasts 304 feet 
of irreplaceable frontage along Avenue Road, 
providing excellent street front exposure. The 
Property offers a prime location in Toronto’s preeminent fashion and lifestyle neighbourhood, 
where retail activity is at an all-time high, 
with minimal retail vacancy. Furthermore, the 
completion of over 28 residential developments 
within close proximity of the Property, representing 
over 15,000 residential units, is anticipated to 
increase foot traffic to the immediate area and 
provide long-term income growth and stability to 
prospective investors

Highlights

Property offers a prime location in Toronto’s preeminent fashion and lifestyle neighbourhood.
Furthermore, the completion of over 28 residential developments within close proximity of the Property.
provide long-term income growth and stability to prospective investors.

Property Flyers

Amenities

  • Cable Ready
  • Courtyard
  • Dishwasher
  • Fitness Center
  • Storage Space
  • Doorman
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Walk-In Closets

Public Transportation

Commuter RailDriveWalkDistance
Up Express Union Station (Union Pearson Express - UP Express) 6 min - 2.0 mi
Toronto (Maple Leaf - Via Rail Canada) 6 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Bay Station - Eastbound Platform (Bloor - Danforth Subway - TTC) 1 min 4 min 0.3 mi
St George Station - Northbound Platform (Bloor - Danforth Subway - TTC, Yonge - University - Spadina - TTC) 1 min 5 min 0.3 mi
Museum Station - Northbound Platform (Yonge - University - Spadina - TTC) 0 min 5 min 0.3 mi
Yonge Station - Eastbound Platform (Bloor - Danforth Subway - TTC) 2 min 10 min 0.5 mi
Spadina Station At Bus Bay 3 (Spadina - TTC, SPADINA - TTC) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 12 min - 3.7 mi
Toronto Pearson International 39 min - 16.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Elliot Medoff 800-363-1163 TD Cornerstone Commercial Realty
Elliot Medoff 800-363-1163 TD Cornerstone Commercial Realty