299 Adelaide Street W, Toronto C01, ON M5V 1P7, Toronto C01, ON
11376.0 sqft
Exceptional retail property & 166 parking stalls situated in the heart of Toronto's Entertainment District. This prime retail space spans 11,618 sq. ft. access two levels, featuring soaring 20+ ft. ceilings heights and more than 50 ft. of frontage along Adelaide Street, ensuring high visibility and foot traffic. The property is 100% leased to Petros 82, a well-established restaurant, under a 10-year lease, providing stable, long-term cash flow. This property represents a rare investment opportunity in one of Toronto's most dynamic neighborhoods, offering beautiful retail space with a reliable tenant in the area known for its thriving cultural and entertainment scene.
Property Highlights
For Sale
MLS NO.
C12026363
Type
Commercial
Sub Type
Commercial Retail
Square Footage
11376.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12026363
Security Features
Yes
Lot Width
0.0
Garage Type
None
Cooling
No
Heat Type
None
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
299 Adelaide Street W, Toronto C01, ON M5V 1P7
City
Toronto C01
Neighbourhood
Waterfront Communities C1
County / Region
Toronto
Province / State
ON
Postal Code
M5V 1P7
Cross Street
Adelaide Street W / Widmer Street
Directions
Adelaide Street W / Widmer Street
List Price
$14,495,000
Annual Taxes
$172,913
Tax Year
2024
Legal Description
PLAN 338 PT LOTS 1 TO 8 PT LOT 15 PT LANE RP 66R26931 PARTS 1 2 12 15 17 19 AND 20
Possession Type
Other
Possession Details
Fully Leased
Listing Office
CBRE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2025-03-18T16:58:19Z
Media Updated
2025-03-18T16:58:19Z
Photos Updated
2025-03-18T16:58:19Z
Last Modified
2025-12-19T20:02:54Z
System Modified
2025-12-19T20:02:54.948459Z
MLS Status
Extension
Co List Office Name
CBRE LIMITED
Ddfyn
No
Expiration Date
2026-01-31
Heat Type Multi
None
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
214120328
Parking Spaces
166
Public Remarks
Exceptional retail property & 166 parking stalls situated in the heart of Toronto's Entertainment District. This prime retail space spans 11,618 sq. ft. access two levels, featuring soaring 20+ ft. ceilings heights and more than 50 ft. of frontage along Adelaide Street, ensuring high visibility and foot traffic. The property is 100% leased to Petros 82, a well-established restaurant, under a 10-year lease, providing stable, long-term cash flow. This property represents a rare investment opportunity in one of Toronto's most dynamic neighborhoods, offering beautiful retail space with a reliable tenant in the area known for its thriving cultural and entertainment scene.
