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Peter Street Commercial Office Units

Adelaide Street West at Peter Street, ,
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EXCLUSIVE!!! 2 floors of office units for sale

 

Book Now for VIP Pricing and Selections!!!DEVELOPMENT NAME: Peter Street Condominiums
DEVELOPER(S): CentreCourt Developments
ADDRESS: Adelaide Street West at Peter Street Farside
NEIGHBOURHOOD/CITY: Toronto
CONSTRUCTION STATUS: Construction
ESTIMATED COMPLETION: Fall/Winter 2014
TOTAL NUMBER OF UNITS: 429 units
NUMBER OF STOREYS: 40 storeys
CEILING HEIGHTS: From 9’0″
SALES COMPANY: Milborne Real Estate Inc.
ARCHITECT(S): architects Alliance
INTERIOR DESIGNER(S): Cecconi Simone

[quote]2 floors of commercial office units for sale from 40-storey tower located at the corner of Adelaide St W and Peter St.[/quote]

 

 

Location and Key Features

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Prime Location

  • High density mixed-use neighborhood with a strong base of professional service firms (e.g. accountants, lawyers, etc.)
  • Downtown office core and Financial District within a 5 minute walk of the site
  • Public Transportation (streetcars and subway) within a very short walk of the site
  • Approximately 5,000 new residential condominium units expected to be delivered in the immediate area over the next few years.
  • Severe shortage of the new office product within close proximity of the site.

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Key Features

  • Slab-to-slab heights of the approximately 11′
  • Private office lobby and elevator (from Adalaide St)
  • Fllor to ceiling windows (as per plan)
  • 4-pipe Fan Coil Unit provided with each unit providing for independent control over heating and cooling
  • Office units will have access to common use washroom facilities located on each office level
  • Very favorable operating costs of $0.44/sq.ft./month
  • Allowable uses: any general office uses including professional services (e.g. lawyer, accountant, investment advisors, mortgage brokers, real estate brokerage), medical and dental

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The Opportunity

  • A very rare opportunity to own an Office Condominum in the heart of downtown Toronto
  • Office units available on floors 2 & 3 of a dramatic mixed use 40-storey glass tower located at the corner of Peter and Adelaide and designed by award-winning architectural firm architects Alliance
  • Office units are demisable as per user needs and can range in size from a 343 sf unit to a full-floor unit of 4,285 sf
  • Downtown office core is within a 5 minute walk and easy access to commuter rail, the subway system and streetcar
  • Approximately 5,000 new condominium units within a 2 minute walk of the building expected to be occupied over the next 5 years
  • Buiding currently under construction with completion scheduled for summer 2014

 

Office Condo Units

  • Commercial units will have slab-to-slab heights of approximately 11 feet
  • Private office lobby provides direct access to an elevator for the exclusive use of the Office levels and P1
  • Eight commercial parking units located on P1
  • Office units will have access to common use washroom facilities located on each office level
  • Operating costs are forecasted to be $5.24/sf/annum for first year (representing a very favorable cost advantage over other office spaces) plus realty taxes and in-suite utilities.

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