Description

Jones Lang LaSalle Real Estate Services, Inc. ("JLL") is pleased to offer for sale a 100% interest in three adjacent Little Italy assets along College Street in Toronto, ON: 559-563 College Street, 491 College Street and 301 Markham Street (the "Properties"). 559-563 College Street is a character brick-and-beam office building of approximately 54,567 square feet ("SF") of gross leasable area, 82% occupied with a 1.5-year W.A.L.T., offering near-term leasing flexibility and potential residential loft-style conversion. 491 College Street is an LCBO-anchored mixed-use property of approximately 25,212 SF, 100% occupied with a 4.5-year W.A.L.T. and an LCBO lease running through May 2038. It includes 18 parking spaces at 289 Palmerston Avenue. 301 Markham Street comprises 46 underground parking stalls beneath a seven-storey condominium, with pay stations and app-based payment generating immediate, consistent income. 491 College Street and 301 Markham Street are 50 metres apart. All three Properties sit in one of Downtown Toronto's most established mixed-use corridors, with access to the 506 College and 511 Bathurst streetcar routes and walking distance to Bathurst Station on TTC Line 2. Purchasers may acquire the Properties individually or together.

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