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141 Adelaide St W 188,191 SF 97% Leased 4-Star Office Building Toronto, ON M5H 3L5 For Sale

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INVESTMENT HIGHLIGHTS

  • Located in Toronto’s Financial District with PATH access and steps from Union Station with multiple TTC subway lines.
  • Over 92% leased to a diverse mix of professional tenants with efficient floor plates for future tenants to customize.
  • Strong walkability to dining, retail, and cultural venues in the heart of the city.
  • Surrounded by major corporate headquarters and law firms.

EXECUTIVE SUMMARY

Positioned in the heart of Toronto’s Financial District and offered at 100% freehold interest, 141 Adelaide Street West presents a rare opportunity to acquire a stabilized, income-generating office asset in one of Canada’s most dynamic urban cores. This architecturally striking building is over 92% leased, offering investors immediate cash flow with upside potential through lease-up and future repositioning.
Surrounded by a dense concentration of Fortune 500 companies, global financial institutions, and top-tier law firms, the property benefits from unmatched proximity to Toronto’s PATH network, Union Station, and major transit arteries including the Gardiner Expressway and TTC subway lines. Tenants enjoy seamless access to downtown amenities, including upscale dining, luxury retail, and cultural landmarks such as the Four Seasons Centre for the Performing Arts and Nathan Phillips Square.
The building features modernized common areas, secure access, and efficient floor plates that cater to a diverse tenant mix. With strong in-place tenancy and a location that continues to attract top-tier occupiers, 141 Adelaide St W offers a compelling blend of stability and long-term growth in a market with limited core office supply.
Whether held as a long-term income asset or repositioned for future value creation, this property stands as a premier investment in Canada’s leading business district.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Office
Building Size
188,191 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1973
Percent Leased
97%
Tenancy
Multiple
Building Height
18 Stories
Typical Floor Size
11,193 SF
Slab To Slab
12’
Building FAR
10.29
Lot Size
0.42 AC
Zoning
CR 12.0 (c8.0; r11.7) SS1 - Commercial Residential
Parking
52 Spaces (0.28 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Controlled Access
  • Security System

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 210
  • 1,440 SF
  • Office
  • Full Build-Out
  • Now

Corner Suite Built-out With A Boardroom, 2 Private Offices And A Servery.

  • 3rd Fl-Ste 360
  • 1,645 SF
  • Office
  • Full Build-Out
  • Now

Corner Suite Built-Out With Open Workstation Area, Meeting Room, Reception Area And Servery.

  • 9th Fl-Ste 903
  • 1,866 SF
  • Office
  • -
  • Now

Fully Built Office Suite with Private Office, Boardroom, Kitchen and Storage area.

  • 17th Fl-Ste 1702
  • 1,054 SF
  • Office
  • -
  • Now

Small bright corner office space with private offices and kitchenette.

Space Size Space Use Condition Available
2nd Fl-Ste 210 1,440 SF Office Full Build-Out Now
3rd Fl-Ste 360 1,645 SF Office Full Build-Out Now
9th Fl-Ste 903 1,866 SF Office - Now
17th Fl-Ste 1702 1,054 SF Office - Now

2nd Fl-Ste 210

Size
1,440 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 360

Size
1,645 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

9th Fl-Ste 903

Size
1,866 SF
Space Use
Office
Condition
-
Available
Now

17th Fl-Ste 1702

Size
1,054 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 210

Size 1,440 SF
Space Use Office
Condition Full Build-Out
Available Now

Corner Suite Built-out With A Boardroom, 2 Private Offices And A Servery.

3rd Fl-Ste 360

Size 1,645 SF
Space Use Office
Condition Full Build-Out
Available Now

Corner Suite Built-Out With Open Workstation Area, Meeting Room, Reception Area And Servery.

9th Fl-Ste 903

Size 1,866 SF
Space Use Office
Condition -
Available Now

Fully Built Office Suite with Private Office, Boardroom, Kitchen and Storage area.

17th Fl-Ste 1702

Size 1,054 SF
Space Use Office
Condition -
Available Now

Small bright corner office space with private offices and kitchenette.

Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37413330

  • Date on Market: 8/25/2025

  • Last Updated:

  • Address: 141 Adelaide St W, Toronto, ON M5H 3L5

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