York & Wellington: Landmark Urban Investment Opportunity
111 Wellington Street West Toronto

York & Wellington: Landmark Urban Investment Opportunity - alternatives for sale

22,000 ft2
Alternatives Sale/Purchase
Contact us for price

Description

Jones Lang LaSalle Real Estate Services Inc. ("JLL" and/or "the Advisor") is pleased to offer for sale a 100% condo-titled interest in a flagship five (5) story commercial condominium located at 111 Wellington Street West, Toronto, ON (the "Property"). The Property provides an investor with the rare opportunity to acquire a best-in-class corner asset in Toronto's coveted Financial Core. The Property is comprised of approximately 22,000 square feet of above-grade leasable area and is backed by GoodLife Fitness, a national tenant covenant, providing excellent cashflow with near-term upside given the existing below-market rent and near-term renewal option.

Investment Highlights

  • Rare opportunity to acquire a corner property in Toronto's Financial Core
  • Excellent build quality with superior positioning and accessibility
  • Surrounded by major institutional ownership groups
  • Well-configured floorplates with five (5) storeys serviced by a dedicated elevator
  • Exceptional tenant covenant with near-term upside

Property Details

  • Building Area: 22,000 sf
  • Frontage: 105 ft (50 ft Wellington Street West & 55 ft York Street)
  • Storeys: Five (5)
  • Current Occupancy: 100% 


York & Wellington: Landmark Urban Investment Opportunity - alternatives for sale

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