33 Hazelton Ave 22,000 SF 100% Leased Office Building Toronto, ON M5R 1M6 For Sale

Colliers International (the “Advisor”) is pleased to offer for sale 33 Hazelton Avenue (the “Property”), a four-storey mixed-use asset featuring premier boutique retail and office space, situated in the heart of Yorkville. Commanding a prominent position at the corner of Scollard Street and Hazelton Avenue, the property is situated where Yorkville’s vibrant retail spine meets the quiet, tree-lined charm of Hazelton Avenue, offering the perfect balance of energy and exclusivity.
Home to designer boutiques, Michelin-rated restaurants, and world-class art galleries,Yorkville has evolved into a centralized hub of prestige. A tightly knit 1 km radius where Victorian-eraarchi­tecture and cobblestone streets create timeless charm. Anchored by the famed “Mink Mile” alongBloor Street,Yorkville stands as home to an unrivalled collection of world-class brands - a premier destination where global retailers choose to make their Canadian debut.
Comprising four floors and a Lower Level renovated in 2017 and 2024, the building’s exterior features red brick masonry complemented by decorative stone detailing along the south and west façades, with stained glass elements accenting select windows. The building’s interior is configured with three Lower Level units, each with a private entrance, and four distinct suites occupying the upper floors, serviced by an elevator. Boasting 22,060 square feet of Gross Floor Area (GFA) (and 21,608 square feet of Net Rentable Area), the property is leased to six high-quality tenants generating strong and consistent cash flows. With a 3.16-year Weighted Av­erage Lease Term (WALT), the property offers investors an exceptional blend of income stability and potential leasing upside. Over the past four years, the property has undergone over $800,000 in capital improvements, featuring full interior modernization and significant upgrades to its core mechanical systems.
A true generational asset, 33 Hazelton Avenue presents a once-in-a-lifetime opportunity for an investor or end user to acquire a mixed-use building at one of the most prestigious addresses in Canada. An irreplaceable corner asset in the heart of Yorkville, the property offers enduring value through its premier location, architectural distinction, and stable income profile.