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Commercial Real Estate for Sale in Toronto
Commercial Real Estate Property For Sale in Toronto
At the heart of Ontario province lies the city of Toronto, the most populous city in Canada resonating a blend of business, arts, sports, and culture. With a recorded population of 2,794,356 residents in 2021, Toronto forms the central hub of the Golden Horseshoe urban region that supports over 9 million residents. Toronto, distinguished as an international business nucleus and a significant cultural sphere, offers a distinct milieu characterized by a broad plateau furnished with rivers and deep ravines, and vibrant urban forest. The city is further characterized by its multicultural essence reflected in the over 160 languages spoken among the diverse set of over 200 ethnic origins represented.
Within this vigorous city lies 850 commercial real estate properties punctuating the iconic skyline. From high-rise office spaces to the detailed architecture of industrial buildings, commercial properties in Toronto are a testament to the city's robust economy and diverse business sector. Crafted to support the city's thriving technological scene and encompassing a variety of business entities, these commercial properties offer an exceptional presence in North America's third-largest tech hub. Alongside commercial spaces, the cityscape is adorned with an array of other properties such as residential apartment buildings and services-oriented hotels. Furthermore, Toronto's infrastructure is built to sustain its population density, sleekly interwoven with an extensive subway system and Union Station, a major railroad traffic hub. Highlighting the emphasis on higher education, Toronto is fortified with high-grade learning institutions, making this city a prime destination for those seeking intellectual growth. Whether professionals, entrepreneurs, or students, all can find a place here, woven into the diverse and dynamic tapestry of Toronto.
Learn about Commercial Real Estate for sale in Toronto
Why should I buy a Commercial Real Estate in Toronto?
Purchasing Commercial Real Estate in Toronto provides a strategic location in a leading city, noted for its transport links, diversified economy, and dynamic cultural scene.
- Toronto holds a leading position as the most populous city in Canada and an international centre for Business, Finance, Arts, Sports, and culture, offering significant opportunities for businesses.
- With 850 commercial properties available in Toronto, investing here offers significant options, and given Toronto's status as North America's third-largest tech hub, your business can benefit from a rich talent pool and opportunities for collaboration.
How much does it cost to buy a Commercial Real Estate in Toronto?
The average cost to purchase commercial real estate in Toronto varies greatly depending on a variety of factors, with an average price per square footage of $8,426 CAD.
- The cost of commercial real estate is determined primarily by the property's size, amenities, location, and state of repair. The average size of commercial properties listed for sale is 21,052 SF.
- The maximum size of commercial real estate available for purchase is 792,450 SF, which naturally yields a higher price due to the increased property size.
- Investing in commercial real estate in Toronto, a crucial international business and finance hub hosting the headquarters of Canada's major national broadcast networks and media outlets, can be a strategic decision given the city's multicultural and cosmopolitan ambiance coupled with a diverse populace and rich cultural attractions.
What is the largest Commercial Real Estate available to buy in Toronto?
The largest Commercial Real Estate available in Toronto for purchase has a space of 792,450 SF.
What factors should I consider when searching for a Commercial Real Estate in Toronto?
As you search for commercial real estate in Toronto, it's crucial to consider factors such as the location's economic activity, transportation networks, and the breadth of the commercial real estate market with 850 active listings. - It's important to assess the economic activity in the city. Toronto is home to a highly diversified economy, including technology, design, financial services, education, arts, fashion, and tourism sectors. This diverse economy can offer varying opportunities and customers for different kinds of businesses. - Analyzing the area's transportation infrastructure is equally important; Toronto features multiple transit options, including subway lines, buses, streetcars and several municipal expressways and provincial highways such as Highway 401, which helps facilitate ease of access, customer venture, and business deliveries. - Lastly, considering the active commercial real estate market in Toronto is vital. With an average size of 21,052 SF, maximum size of 792,450 SF, and an average price per sqft of $8,426 CAD, the current market provides a variety of options that cater to diverse business needs, making commercial properties in Toronto a feasible and lucrative venture.
How many Commercial Real Estates are available in Toronto?
There are 850 Commercial Real Estates available in Toronto currently.
What other commercial properties are available in Toronto?
Toronto offers a diverse range of commercial property options.
- Industrial properties are a favourable choice, giving access to Toronto's versatile landscape which is conducive for different industrial operations.
- Apartment buildings remain a steady option, aligning well with the city's pluralistic demographic profile and high ethnic diversity.
- Choosing office spaces can be beneficial due to Toronto's status as a bustling business centre and third largest tech hub in North America.
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