Business For Sale · Office

2 & 3 - 131 GEORGE STREET, Toronto (Moss Park)

2 & 3 - 131 GEORGE STREET, Toronto (Moss Park), ON M5A2M6

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

84%

About this property

Welcome to 131 George Street in the heart of one of Toronto's vibrant and rapidly evolving downtown neighborhoods, a short walk to the Financial district. This is a rare opportunity to lease this fully renovated and professionally designed 2nd and 3rd floors of a legal 3-storey mixed-use duplex with CRE zoning, offering approximately 1,012 sq. ft. of versatile space. The space features a modern, open-concept layout with abundant natural light, kitchenette facilities, washroom amenities, and a stunning rooftop terrace-perfect for creative professionals, start ups, or established firms seeking a prominent downtown presence. It boasts updated HVAC systems, contemporary finishes including hardwood and laminate flooring, pot lighting, vinyl casement windows, and mechanical upgrades throughout, ensuring a comfortable and efficient working environment. Can be leased furnished. Located just steps from St.Lawrence Market, the Distillery District, Financial District, George Brown College, TMU, and major transportation routes like the Gardiner Expressway and Don Valley Parkway, this space offers unparalleled accessibility and visibility. Don't miss your chance to secure a prime downtown location with excellent growth potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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.

Area demographics

Trade area within 3 miles of the property.

Population

90,412

Households

34,099

Median income

$95,500

Median age

43.2

Daytime population

93,088

5-yr growth

0.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2 & 3 - 131 GEORGE STREET, Toronto (Moss Park).

NDA required
  • 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.