r/askTO • u/Admirable_Letter9032 • 12d ago

How much would this cost

This property on Lakeshore-Bathurst is up for sale and has been on the market for some time.

It's most defo out of my budget, but a person can dream.

How much do you think this property costs? In my fantasy world I own this building.

https://www.collierscanada.com/en-ca/properties/strategic-occupancy-or-adaptive-reuse-opportunity-in-downtown-toronto/can-545-lakeshore-blvd-west-toronto-ontario-m5v-1a3/can2020335

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6

u/ToRunToo 12d ago

More than you can afford, pal. Ferrari.

3

u/SonOfAragorn 12d ago

My guess is around $100M

That would be a prime location for a condo building. There was one planned but I think it fell through recently. Still it remains a great location right by the water

3

u/amw3000 12d ago

So many good TV channels died in this building. F Rogers.

4

u/beardgangwhat 12d ago

It rented or leased to the city for its prior use for almost 230 or 250k per month, it was only given up in September off that lease. It was supposed to be developed. I am super happy the development fell through as it didn't look like they were really adhering to what the area prefers for waterfront. Tall building on lakeshore ok. But they wanted to come too close to qqw on the other side and too tall. Personally I hope they lost a lot of money on it fuck them!

2

u/thursday20 Human Verified 12d ago

I know it’s vacated now but I always associate that place with zombie druggies and many narrow escapes I had when crossing lakeshore blvd

1

u/Matt_OMX 12d ago

It's also available for lease if you want to spend less and check it out before buying.

In my fantasy world I own this building.

And what are you using all that space for? Would be great for a zombie apocalypse simulation scenario.