Freestanding single-tenant, highly visible corner location at Peter Street and Richmond Street West in the downtown core Located in a high vehicular and pedestrian traffic node Leasable area approximately 6,500 square feet split between a lower level and upper level, entering on grade in a large reception area Upper level overlooks lower level in dynamic space 35 feet of frontage along Peter Street and 100 feet along Richmond Street West Excellent opportunity for a restaurant or unique and dynamic retail or office space Liquor license in place for a restaurant user A multitude of new developments underway within walking distance of the building (details on subsequent pages) Net Rent: $19,500 per month with escalations Taxes: $4,350 per month not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
128 Peter Street is a freestanding building designed to be used by a single tenant. The building consists of two split levels with a large reception area on grade. The building is situated on the southwest corner of Peter Street and Richmond Street West in the heart of Toronto s entertainment district. It is in close proximity to the Queen Street retail corridor, King Street, Spadina Avenue, Rogers Centre and the Theatre District. The total rentable area is approximately 6,500 square feet over two split levels. A large portion of the upper level overlooks the lower level, providing a bright airy feel with high ceilings. There is paid parking directly next door with an approximate capacity for 100 cars. Multiple windows along the front and side of the building help draw in natural light throughout the building. The building offers tremendous exposure to both vehicular and pedestrian traffic. As a single-tenant building, it offers the user the rare opportunity to customize the entire exterior façade including 100 feet along Richmond and 35 feet along Peter to suit their needs. There are a large number of developments walking distance of this building. Details of these developments can be found on subsequent pages. not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
Demographics - 2010 Year.5 km 1 km 2 km 3 km Total Population 32,550 31,222 117,767 233,130 Daytime Population 32,550 172,566 449,009 611,612 Total Households 4,294 16,463 63,039 122,759 Household Average Income $90,928 $81,467 $81,954 $78,526 Average Value of Dwelling $407,772 $384,287 $395,558 $447,368 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
Existing and scheduled condo developments near subject site Address No. of No. of No. Completion of No. Completion of Distance Parking Parking Units Date Units Date to to Site Spots Spots No. of of Storeys 355 King Street 134 (2 Peter Towers) Street - King Blue N/A 807 116 260 m 46, 48 375 King Tableau Street - - M5V 117 Peter Street 415 N/A 0 224 Sep-14 305 74 260 m m 36 35 87 Peter Noir Street Condos - Noir - 87 Condos Peter Street 550 May-12 120 550 May-12 120 200 m 30 80 Picasso John Street Condos - Festival - 318 Richmond Tower Street 402 Jun-13 131 444 Dec-16 N/A 1.1 470 km m 39 46 31 Studio Widmer 2 - Street Richmond - Cinema Street Tower and Duncan 425 Jul-13 485 369 Nov-13 N/A 800 470 m 41 42 Richmond Peter Street St. Condos and Duncan - 338 Adelaide St. - Studio Street 2 427 Nov-13 108 425 Dec-14 485 200 800 m 40 41 56 Blue Festival Jay Way Tower - Bisha - 80 John Street 444 Apr-14 n/a 322 Jun-13 N/A 470 260 m 46 41 117 Peter Cinema Street Tower - Tableau - 31 Widmer Street 369 Sep-14 n/a 415 Jul-13 0 470 74 m 42 36 338 Adelaide The Bond Street -- 290 Peter Adelaide Street Condos 369 Dec-14 245 427 Sep-15 108 470 200 m 40 134 Peter M5V Street -- 375 Allied King Developments Street 224 Apr-15 305 43 N/A 43 260 15 m 354 290 Adelaide Tux - The - 357 Bond King Street 360 Sep-15 138 369 May-16 245 260 470 m 42 40 357 King King Blue Street - 355 - Tux King Condos Street (2 Towers) 807 May-16 116 360 N/A 138 260 m 46, 42 48 318 Richmond Bisha Street - 56 Blue - Picasso Jay Way Condos 322 Dec-16 n/a 402 Apr-14 131 260 1.1 m km 41 39 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
King Blue 355 King Street 46, 48 storeys 807 units 116 parking spots 260 m from subject site M5V 375 King Street 35 storeys 224 units 305 parking spots 260 m from subject site Noir Condos 87 Peter Street 30 storeys 550 units 120 parking spots 200 m from subject site Completed May 2012 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
Festival Tower 80 John Street 46 storeys 444 units 470 m from subject site To be completed June 2013 Studio 2 Richmond St. and Duncan St. 41 storeys 425 units 485 parking spots 800 m from subject site To be completed November 2013 Cinema Tower 31 Widmer Street 42 storeys 369 units 470 m from subject site To be completed July 2013 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
Bisha 56 Blue Jay Way 41 storeys 322 units 260 m from subject site To be completed April 2014 Peter Street Condos 338 Adelaide Street 40 storeys 427 units 108 parking spots 200 m from subject site To be completed December 2014 The Tableau 117 Peter Street 36 storeys 415 units 74 m from subject site To be completed September 2014 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..
The Bond 290 Adelaide Street 40 storeys 369 units 245 parking spots 470 m from subject site To be completed September 2015 Tux Condos 357 King Street Allied Development 134 Peter Street 4 storeys 13 units 43 parking spots 15 m from subject site To be completed by April 2015 42 storeys 360 units 138 parking spots 260 m from subject site To be completed May 2016 Picasso Condos 318 Richmond Street 39 storeys 402 units 131 parking spots 1.1 km from subject site To be completed by December 2016 not to construe this information as legal or tax advice. You should consult your legal counsel, accountant, or other advisors on matters relating to this presentation..