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Investment Highlights

  • Unique Opportunity To Own or Lease a Boutique Mixed-Use Commercial Asset
  • Assets of this scale and quality are increasingly scarce in downtown Toronto.
  • Property offers tenants and owner occupiers a highly efficient and well-connected business address.
  • Large windows deliver abundant natural light and authentic character sought by creative, media, and technology tenants.
  • Property benefits from seamless connectivity to downtown Toronto via the Exhibition streetcar direct link.
  • Beyond its existing footprint, the Property offers a significant value-add opportunity through the redevelopment of the fifth floor.

Executive Summary

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity.
This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet.
Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering
provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for
lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
90,040 SF
Building Class
B
Year Built
1927
Percent Leased
Vacant
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,008 SF
Building FAR
1.15
Lot Size
1.80 AC
Zoning
CR - Harbourfront Zoning Bylaw 289-93 – Cr, Site specific amendment City of Toronto By-law 596-2022
Parking
70 Spaces (0.78 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Controlled Access
  • Commuter Rail
  • Concierge
  • Central Heating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Concourse
  • 18,008 SF
  • Office
  • Full Build-Out
  • Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

  • 1st Floor
  • 18,008 SF
  • Office
  • Full Build-Out
  • Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

  • 2nd Floor
  • 18,008 SF
  • Office
  • Full Build-Out
  • Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

  • 3rd Floor
  • 18,008 SF
  • Office
  • Full Build-Out
  • Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

  • 4th Floor
  • 18,008 SF
  • Office
  • Full Build-Out
  • Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

Space Size Space Use Build-Out Available
Concourse 18,008 SF Office Full Build-Out Now
1st Floor 18,008 SF Office Full Build-Out Now
2nd Floor 18,008 SF Office Full Build-Out Now
3rd Floor 18,008 SF Office Full Build-Out Now
4th Floor 18,008 SF Office Full Build-Out Now

Concourse

Size
18,008 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
18,008 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size
18,008 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Floor

Size
18,008 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

4th Floor

Size
18,008 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

Concourse

Size 18,008 SF
Space Use Office
Build-Out Full Build-Out
Available Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

1st Floor

Size 18,008 SF
Space Use Office
Build-Out Full Build-Out
Available Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

2nd Floor

Size 18,008 SF
Space Use Office
Build-Out Full Build-Out
Available Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

3rd Floor

Size 18,008 SF
Space Use Office
Build-Out Full Build-Out
Available Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

4th Floor

Size 18,008 SF
Space Use Office
Build-Out Full Build-Out
Available Now

On behalf of our client, 545 LAKESHORE WEST PROPERTY INC., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 545 Lake Shore Boulevard West, Toronto, Ontario (the “Property”). The Property is also available for lease, providing flexibility for both prospective owner-occupiers or tenants seeking a distinctive office, retail, entertainment, hospitality or adaptive reuse opportunity. This exceptional offering comprises a high-quality free-standing, five-storey heritage office building totaling approximately 90,040 square feet. The Property also presents a compelling opportunity to enhance the existing structure by replacing the current fifth floor (8,220 sq. ft.) with a larger 13,552 sq. ft. floor, while adding a new sixth floor of 10,635 sq. ft. Together, these improvements represent a net increase of approximately 16,000 square feet, resulting in a potential total building area of approximately 106,000 square feet. Severance on the Property has been completed, and the Property will be delivered with vacant possession on closing. Positioned adjacent to Billy Bishop Airport, this offering provides a rare opportunity for owner-occupiers, investors, and prospective tenants to secure a landmark historic asset with strategic advantages. The Property’s availability for lease enhances its flexibility, enabling occupiers to establish a distinctive headquarters while offering investors the ability to capitalize on leasing potential, repositioning opportunities, and sustained demand for character office space within a highly sought after node.

Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100
  • Listing ID: 40060404

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 545 Lake Shore Blvd W, Toronto, ON M5V 1A3

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