374 Wellington Street West

Office for Sale

Location	North side of Wellington St. West, West of Spadina Avenue.
Type	Investment
Building Area	2,874.15 Square Feet
Sale Price	$2,950,000

Notes

Located at Wellington Street West and Spadina Avenue, the property is well situated in the heart of Downtown West, a rapidly growing neighbourhood.

The subject property is currently improved with a 2,874 SF two-storey office building demised into three separate units which can easily be combined into one contiguous unit, thereby offering flexibility for a single user to occupy the entire property or rent out to multiple tenants. Each floor contains a washroom and kitchenette, operable double/triple glazed bay windows, tall ceilings and plenty of natural light.

Environmentally-friendly capital improvements and upgrades to the building include a ground exchange heat pump system for energy efficient heating and cooling, heat and energy recovery ventilators, T5 fluorescent and LED lighting. Each unit is serviced by an isolated HVAC system to ensure efficient clean air and the building has new electrical (3-Phase 120/208-Volt 400-Amp) and plumbing systems.

Given vacant possession can be provided on closing, the offering presents an excellent turnkey end-user opportunity for a business owner to occupy all or part of the building for their own business purposes. The property is zoned for residential and a variety of commercial uses.

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