545 Lakeshore Boulevard W, Toronto, ON M5V 1A3
Waterfront Communities · C01 · M5V 1A3
$1
$0 / sq ft4 months on market
- Total area
- 90,040 sf
- Lot
- 309.38 × 0 ft
What's special
- Yes
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.
- 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
- 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.
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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