120 Carlton St, Toronto, Ontario, M5A 4K2

Description

Opportunity to acquire four office condominium units within a well-established mixed-use Tridel complex constructed in 1984/85. 120 Carlton Street is positioned just east of the Yonge corridor in Downtown Toronto, benefitting from a walk score of 98 and employees and clients can easily access restaurants, services, and daily needs on foot. College Station (TTC Line 1 - Yonge-University) is approximately an 8-minute walk from the Property, and the 506 Carlton Streetcar provides an efficient alternative to walking. The units were fully gutted, made open concept, and comprehensively renovated approximately 5 years ago, with over $600,000 invested. Limited post-renovation utilization due to remote and hybrid work has resulted in the units being in exceptional condition and thereby reducing near-term capital requirements. Additional Legal Description: MTCP 676 Level A Unit 4 PKG, MTCP 676 Level 4 Unit 9 Level A Unit 27. 10 deeded underground parking spots included in purchase price.