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For saleMLS® C13430428

545 Lakeshore Boulevard W, Toronto, ON M5V 1A3

Waterfront Communities · C01 · M5V 1A3

$1

$0 / sq ft

4 months on market

Total area
90,040 sf
Lot
309.38 × 0 ft

What's special

  • Yes

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About this property

This exceptional offering comprises a high-quality, freestanding, five-storey heritage office building totaling approximately 90,040 sq ft. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq ft) with a large 13,552 sq ft floor, while adding a new sixth floor of 10,635 sq ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential building area of approximately 106,000 square feet. Severance on the Property has been completed, and the property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors and prospective tenants to secure a landmark historic asset with strategic advantages. The Property's availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

Property details

Property

Property type
office
Interior size
90,040 sq ft
Zoning
CR
Possession
Immediate

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Sanitary+Storm Available

Costs

List price
$1
Property taxes
$540,240 / year (2025)
Price per sq ft
$0

Listing

MLS® number
C13430428
Status
For sale
Listed
June 11, 2026
Days on market
147
Last updated
September 24, 2026
Listing brokerage
COLLIERS

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable office listings in Waterfront Communities are asking less.

$795KMedian $2.40M$6.12M
This home
$0 / sq ft
Comparable median
$787 / sq ft

Based on 18 comparable active office listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment0.0% · minimum $0
$0
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$0.01
Property tax (est.)
$45,020.00
Estimated monthly
$45,020

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$0
Toronto municipal
$0
Total due on closing
$0

An estimate on the asking price of $1. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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