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This well-maintained property is currently divided into five tenant spaces, including a spacious two-bedroom residential unit that could easily be converted into additional office space. The layout offers strong potential for reconfiguration, with the ability to accommodate six or more individual tenant areas, making it ideal for investors or business owners seeking flexibility and future growth. Located just seconds from the 406 Highway, the property provides excellent accessibility without the congestion of Saint Paul Street. Its proximity to the downtown core allows for easy access to amenities while still offering quick in-and-out convenience for tenants and clients. There are two parking spaces out front and parking for 11+ cars on the Head Street side of the building on a long term lease. All existing tenants are on month-to-month leases, providing immediate income with the freedom to restructure lease terms, adjust rents, or occupy part of the building as needed. This is a rare chance to own a versatile and strategically positioned commercial asset in a growing urban center. With its solid construction, adaptable layout, and unbeatable location, this property represents exceptional value and long-term potential." +"BasementYN": true +"BuildingAreaUnits": "Square Feet" +"CityRegion": "451 - Downtown" +"CommunityFeatures": "Major Highway,Public Transit" +"Cooling": "Yes" +"Country": "CA" +"CountyOrParish": "Niagara" +"CreationDate": "2025-05-18T02:08:19.950372+00:00" +"CrossStreet": "Geneva and Race" +"Directions": "Carlisle St to Race St" +"Exclusions": "None" +"ExpirationDate": "2025-11-28" +"Inclusions": "Upon request" +"RFTransactionType": "For Sale" +"InternetEntireListingDisplayYN": true +"ListAOR": "Niagara Association of REALTORS" +"ListingContractDate": "2025-05-17" +"LotSizeSource": "MPAC" +"MainOfficeKey": "118900" +"MajorChangeTimestamp": "2025-05-17T23:50:50Z" +"MlsStatus": "New" +"OccupantType": "Owner+Tenant" +"OriginalEntryTimestamp": "2025-05-17T23:50:50Z" +"OriginalListPrice": 1950000.0 +"OriginatingSystemID": "A00001796" 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Description
Discover an exceptional opportunity at 117 Peter Street Suite 208, where ownership meets convenience in the heart of Downtown West. This office condo is tailor-made for professionals seeking their own space, strategically located just steps from Osgood Subway Station and within walking distance of Union Station. Boasting polished floors, expansive ceilings, and a layout crafted by the building’s architect, this suite offers versatility and style. With capacity for 50+ workstations, dedicated meeting and a board room, a fully equipped kitchenette, and exclusive access to an outdoor patio, this is the premier choice for those seeking a blend of functionality and sophistication in their workspace.
Details
MLS® Number
C8068670
C8068670
Property Size
3500 Sqft
3500 Sqft
Additional details
- Utilities: Available
- Cooling: Yes
- County: Toronto
- Property Type: Commercial Sale
- Community Features: Public Transit,Subways
Address
- Address 117 Peter Street
- City Toronto
- State/county ON
- Zip/Postal Code M5V 0M3