77 Peter Street, Toronto | Image 1

77 Peter Street

Toronto, Waterfront Communities C01

  • Commercial

$XX,XXX,XXX
For Sale

Added 2 months ago

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  • Type: Office

  • Property Type: Commercial

  • Zoning: CRE*74

  • Age: No Data

  • Taxes: 127652.84

  • MLS®#: C8025822

  • Days on Site: 62 Days

  • Added: Jan 25, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Premier brick-and-beam office building with strong in-place holding income. Occupying a highly desirable location on Peter Street, between King and Adelaide Street in Downtown Toronto, the property is surrounded by a complete mix of amenities, transit options, and high-density residential development. Currently improved with a 4-storey office building totaling 18,253 square feet that is 76% occupied by AppLovin Canada with lease term until March 2026 and one extension option of five years thereafter. The ground floor retail unit is currently vacant and available for occupancy, presenting the opportunity for owner-users to modify the space for their use or the potential for investors to add value through strategic lease-up.

Property

  • Status: Sale

  • Property Type: Office

  • Property Type: Office

  • Area: Toronto

  • Community: Waterfront Communities C01

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $127,653

  • Taxes Type: Annual

Land

  • Cross Street: Adelaide St W & Spad

  • Municipality District: Toronto C01

  • Parcel Number: 214120169

  • Lot Depth: 137.51 Feet

  • Lot Frontage: 33.74 Feet

  • Zoning: CRE*74

Commercial Specific

  • Sprinklers: Y

  • Total Area: 18253

  • Total Area Metric: Sq Ft

  • Office Size: 1823

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

4-8

Downtown Vocal Music Academy of Toronto

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ALPHA Alternative Junior School

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Beverley School

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Ogden Junior Public School

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The Waterfront School

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Heydon Park Secondary School

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9-12

Contact Alternative School

Secondary: Public
0.80 km
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