TORONTO MIXED-USE DEVELOPMENT SITEPRIME TORONTO DOWNTOWN EAST

For Sale
TORONTO MIXED-USE DEVELOPMENT SITE

Property Address:

Property ID: 41

333 King Street - The Toronto Sun Building Toronto, Canada, Canada

Description:

3.92 acres of land in downtown core fronting on King Street and Front Street, 296,837 sqf office/production complex, Anticipating over 1 million square fee of achievable density.

Features

  • Sale-lease back opportunity with Toronto Sun
  • Residential, retail and office potential

Key Tenancy Details:

Tenant Lease Term Net Rental Income
p.a. Excl.GST
Short-Term Lease Option 2 year term Net Rent CA$18 psqf of rentable area equalling CA$2,160,000 per annum, Additional rent: Net-Lease Structure
Long-Term Lease Option 10 year term Net Rent Years 1-5: CA$18 psqf of rentable area equalling CA$2,160,000 per annum, Net Rent Years 6-10: $21 psqf of rentable area equalling CA$2,520,000 per annum, Additional rent: Net-Lease Structure

For further details contact:

  • Milton Lamb
  • Investment Sales
  • Canada
  • +416 607 4347

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