Town Ward 3 · K9H 4H1
$829,900
$363 / sq ft2 weeks on market
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Excellent opportunity to own a versatile 3-storey office building in a high-traffic downtown location, offering excellent visibility and on-site parking for up to 8 vehicles. Situated at the corner of McDonnel and Reid Street, beside a city parkette and close to downtown amenities and public transit, this property is well suited for a variety of professional uses including a clinic, office space, or potential residential component. Offering approximately 2,284 sq.ft. above grade, the building features 6 offices, a reception area, boardroom, kitchen area, 2.5 bathrooms and a basement laundry. The main and second floors were recently gutted back to the studs and extensively renovated with new insulation and drywall, while all three levels plus the basement have received new flooring, trim and paint. The second-floor 4-piece bathroom is completely new, and two wall-mounted heat pump units provide air conditioning and supplemental heating. The basement offers additional usable space along with a convenient walk-up directly to the rear parking area. With its prominent downtown location, generous parking, flexible layout and extensive recent improvements, this is an excellent opportunity for an owner-user, professional practice or investor.
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An estimate on the asking price of $829,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Ball Real Estate Inc.. 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.