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$ 8,500,000
Est. payment /mo
Active
34 Madison AVE Toronto C02, ON M5R 2S1
7 Baths
8,048 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,048 sqft
Price per Sqft $1,056
Municipality Toronto C02
Subdivision Annex
MLS Listing ID C13614320
Annual Tax Amount $30,284
Tax Year 2025
Lot Size 6,340 Sqft
Property Sub-Type Office
Property Description
Colliers Private Capital Investment Group is pleased to present 34 Madison Avenue, an 8,048 SF purpose-built childcare facility situated in The Annex, one of Toronto's most affluent and highly sought-after neighbourhoods. The Property is leased to a well-established Toronto-based childcare operator on a 10-year initial term, providing a secure and growing income stream with minimal landlord responsibilities. The Property benefits from a 98-child licensed capacity and has undergone a comprehensive renovation, including structural improvements, handicapped washrooms, sprinkler installation, new lighting, electrical and HVAC systems, plumbing upgrades, washroom additions, and the conversion of the former parking area into an outdoor play space. Situated on a 6,340 SF lot with 50 feet of frontage along Madison Avenue, the property is steps from Bloor Street West, the University of Toronto, and Spadina subway station. With a strong demand-supply imbalance, significant barriers to new childcare facility development, a defensive income profile and long-term cash flow with annual escalations, 34 Madison Avenue represents a rare opportunity to acquire a stabilized, single-tenant asset with contractual rental growth in a premier downtown location.
Location
Province ON
County Toronto
Community Toronto C02
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 127.0
Building
Building Age 100+
Others
Security Features Yes
ParcelsYN No
Listed by COLLIERS
NEARBY SCHOOLS & PROPERTIES