55 Town Centre Crt, Toronto, Ontario M1P 4X4

  • $38,888,888
55 Town Centre Crt, Toronto, Ontario M1P 4X4
Active
55 Town Centre Crt, Toronto, Ontario M1P 4X4
  • $38,888,888

Overview

Property ID: E6753724
  • Commercial Sale, Retail
  • Property Type
  • 222925
  • Sqft

Description

Welcome to 55 Town Centre Holdings, an extraordinary commercial property that offers not only a lucrative investment opportunity but also a chance to make a significant impact on the community. Vendor, an esteemed activist and philanthropist, is encouraging non-profit organizations & charities to share this listing with their donors. Bousfield’s opinion is 750,000+ sq ft redevelopment, or ongoing concern. BUYER TO QUALIFY ALL MEASUREMENTS, TAXES, ZONING & CURRENT USES. THE SELLER PROVIDES NO REPRESENTATIONS OR WARRANITES FOR FUTURE USE OF DEVELOPMENT. OVER 221 000 OF APPROX SQ FT OF RENTABLE AREA. Potential development of 700-850,000. Sq ft site- current use office tower 220,000 sq ft with strong noi, the plan of a new team can potentially improve by 30 percent- all leases set to expire except for roof contracts, to allow for potential development. Proposed Towers to be relocated on site at time of development. SELLER WILL CONSIDER UP TO 5 MILLION VTB INTEREST ONLY OAC.

  • Address 55 Town Centre Crt
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M1P 4X4
  • Area Bendale

Details

Updated on October 19, 2023 at 9:35 am
  • Property ID: E6753724
  • Price: $38,888,888
  • Property Size: 222925 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Retail
  • Property Status: Active
  • MLS#: E6753724

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