31 Elm St

LocationBay Street Corridor, M5G 1H1
$6.999M For Sale

Description

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 with a 10-year agreement, while the top two floors, totaling 3,200 square 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.

Features

  • Business Type
    Category: Professional Office
  • Commercial Total Area
    Total Area: 6,400 sqft
  • Commercial Office Area
    Office Area: 3,200 sqft
  • Commercial Retail Area
    Retail Area: 3,200 sqft
  • Commercial Parking Types
    Parking Types: None
  • Grade Level
    Grade Level: -2

Details

  • Commercial Zoning
    Zoning: Central Business District Commercial
  • Tax Amount
    Tax: $ 23,254
  • Business Opening Days
    Opening Days: V
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    C1188816
  • Listing contracted with: ROYAL LEPAGE YOUR COMMUNITY REALTY

Transit Accessibility

Dundas Subway Station (0.2km)
Union Go Train Station (1.4km)

Location