IDX

100 UNIVERSITY AVE, TORONTO, ON, CANADA, M5J 1V6 #300
Toronto M5J

$94,686 per month

Base building condition.Located on the south-west corner of University Avenue and King Street West, this Class ‘A’ office building is a 12-storey office tower totaling 278,000 square feet with 24-hour on-site security. This office tower offers the following unique and sustainable competitive advantages: Recent and Complete Building Retrofit From 1994 to 1996, the Property was stripped back to its base concrete structure and completely rebuilt to its current modern and bold design. New, top quality systems were installed in the building, along with a new Brazilian granite facade. The only building system that was not replaced at that time was the elevator system, which has been refurbished in 2009/2010. Unique Design / Location Designed by renowned architect Boris Zarafa, the building’s exterior is universally recognized and well known due to its prominent exposure along both University Avenue and King Street West. With the Financial Core to the east and the Entertainment District to the west, the property is uniquely positioned to take advantage of the views and amenities of both areas. The St. Andrew subway station is at the door of the property, providing access to both public transit and to the PATH system. Union Station is one subway stop or a five minute walk south from door to door. Efficient Floor Plate The property benefits from a double central elevator banking system (seven elevators in total) that is efficient for full floor tenants yet enables private elevator access for half floor tenants and direct elevator exposure for all tenants in multi-tenant layouts. Thus, the building can easily and efficiently accommodate tenants from 5,000 to 23,000 square feet per floor. Neighbourhood The Entertainment District consists of eight city blocks, beginning at the Air Canada Centre and moving west, and concentrated around King Street West between University Avenue and Spadina Avenue. It is home to theatres, performing arts centres, Toronto’s four major-league sports teams, and an array of cultural and family attractions. The Theatre District is immediately west of the Property on King Street West and features venues such as Roy Thomson Hall, The Royal Alexandra Theatre and the Princess of Wales Theatre. With a number of hotel brands present, it is an urban neighbourhood boasting an array of restaurants, bars and nightclubs. Parking For monthly cardholders, parking is available 365 days a year, 24-hours a day in our 2-level parking garage.

Full Details

Building Description
Located on the south-west corner of University Avenue and King Street West, this Class ‘A’ office building is a 12-storey office tower totaling 278,000 square feet with 24-hour on-site security. This office tower offers the following unique and sustainable competitive advantages: Recent and Complete Building Retrofit From 1994 to 1996, the Property was stripped back to its base concrete structure and completely rebuilt to its current modern and bold design. New, top quality systems were installed in the building, along with a new Brazilian granite facade. The only building system that was not replaced at that time was the elevator system, which has been refurbished in 2009/2010. Unique Design / Location Designed by renowned architect Boris Zarafa, the building’s exterior is universally recognized and well known due to its prominent exposure along both University Avenue and King Street West. With the Financial Core to the east and the Entertainment District to the west, the property is uniquely positioned to take advantage of the views and amenities of both areas. The St. Andrew subway station is at the door of the property, providing access to both public transit and to the PATH system. Union Station is one subway stop or a five minute walk south from door to door. Efficient Floor Plate The property benefits from a double central elevator banking system (seven elevators in total) that is efficient for full floor tenants yet enables private elevator access for half floor tenants and direct elevator exposure for all tenants in multi-tenant layouts. Thus, the building can easily and efficiently accommodate tenants from 5,000 to 23,000 square feet per floor. Neighbourhood The Entertainment District consists of eight city blocks, beginning at the Air Canada Centre and moving west, and concentrated around King Street West between University Avenue and Spadina Avenue. It is home to theatres, performing arts centres, Toronto’s four major-league sports teams, and an array of cultural and family attractions. The Theatre District is immediately west of the Property on King Street West and features venues such as Roy Thomson Hall, The Royal Alexandra Theatre and the Princess of Wales Theatre. With a number of hotel brands present, it is an urban neighbourhood boasting an array of restaurants, bars and nightclubs. Parking For monthly cardholders, parking is available 365 days a year, 24-hours a day in our 2-level parking garage.
Address
100 UNIVERSITY AVE, TORONTO, ON, CANADA, M5J 1V6
Approx Age
1959
Unit
300
Area
|Old Toronto|Entertainment District
Category
Office
List Brokerage
SpaceList Research
Monthly Rent
$94,686
List Price Code
Direct
Municipality
Toronto
Municipality District
Toronto
Occupancy
Now
Postal Code
M5J
Province
Ontario
Unit Description
Base building condition.
Sale/Lease
lease
Status
Existing
Street Abbreviation
1V6
Street Name
100 UNIVERSITY AVE, TORONTO, ON, CANADA, M5J 1V6
Total Area
24,232
Washrooms
0
Which Floor
3
Number of Floors
12
Gross Rent Per Square Foot
$47
Base Rent Per Square Foot
$27
Additional Rent Per Square Foot
$20
Max Contiguous Square Feet
24,232
SourceLastUpdated
2017-08-23
Building Class
A
Total Available Square Feet
108,089