









1/11301A+302 - 124 MERTON STREET, Toronto (Mount Pleasant West), ON M4S2Z2
$10 per sq ft / yr
—
Asset Class
Office
Size
—
Building class
A
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
94%
NEW PROMOTIONAL RATE: Year 1 discounted rate available for the first 2 qualified tenants who sign a min. 5-year lease before Dec 31, 2026! PLUS a limited-time incentive of 2 months net-free rent during the initial term, and Landlord-offered custom flooring/upgrade packages for select units. Flexible terms & various unit sizes available.Take your business to the next level in Midtown Toronto, in the heart of Davisville Village! This prime, centrally located Boutique Designer building known as "The Empress Building" is steps from TTC transit & abundant local amenities. Onsite management, daily cleaning, elevators, accessible washrooms, staff underground parking, & a unique 2nd-floor patio courtyard. Welcoming ambience suited for professional offices, clinical/supportive services, and creative uses. Units 301A and 302 are currently connected with very bright north-facing windows and south-facing windows overlooking the 2nd floor common area patio. There is a front reception, a single office, a lunch room and two large open spaces, previously occupied as one unit by a denturist. There is venting in both the 301A and 302 units, and multiple sinks throughout, ideal for similar dental uses or any tenants who can benefit from the in-place fixtures. (id:66811)
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Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
12.86%
DSCR
1.70
Going-in cap
9.40%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
70,923
Households
24,787
Median income
$87,000
Median age
44.8
Daytime population
91,853
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 301A+302 - 124 MERTON STREET, Toronto (Mount Pleasant West).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.