139 MULOCK AVENUE, TORONTO OFFICE FOR LEASE
10,000 SF OF PREMIUM OFFICE SPACE IN THE STOCKYARDS/JUNCTION AREA
FOR MORE INFORMATION PLEASE CONTACT
ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
PAUL CAMPBELL Sales Representative 416 205 9222 ext 241
[email protected] MARC HALBACH Sales Representative 416 205 9222 ext 238
[email protected] Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc.**Sales Representative
1 3 9 M UL O C K AV E NU E PROPERTY SUMMARY Full ground floor space of a high-quality office building in the rapidly changing Stockyards - Junction area. It is within walking distance to retail, service and restaurant amenities as well as the St Clair street car. Transit access is excellent being only minutes from the Keele St subway station. Ample parking for staff and visitors is provided. Zoning allows for a variety of office, professional and clean, specialized industrial uses.
ZONING
RA (x471)
YEAR BUILT
1968
PARKING 20 Surface CONSTRUCTION
Concrete
Typical Finishes: Brick Façade
ACCESS
Direct from Lloyd Avenue which runs east from Keele Street. 139 Mullock Street is 6.6km from access to the 401.
LOADING/SHIPPING
One grade-level, overhead door and enclosed shipping area
DETAILS GROSS RATE
$25.00 PSF
OCCUPANCY 30 days TERM 3 - 10 years AVAILABLE SPACE
First Floor: 9,923 SF (Available with furniture)
Prominent visibility from GO/Metrolinx rail corridor
SIGNAGE OPPORTUNITY
SUBJECT PROPERTY
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L OC AT I ON M A P
ARE A O V E R V I E W THE STOCKYARDS The Stockyards is a diverse, mixed-use neighbourhood within the Junction district, centered on St. Clair Ave West and Keele St/Weston Rd, which has become a destination draw for much of west Toronto. The Stockyards neighbourhood took its name from the Ontario Stockyards, in its day the largest livestock market in Canada and centre of Ontario’s meat packing industry. The Ontario Stockyards closed the location in 1993 and shortly after the meat packing plants for the most part followed suit. Today two plants on Gunns Rd are the sole remnants of that industry. The whole Stockyards area has seen considerable redevelopment into a desirable mixed use community of residential and retail, with mature industrial buildings, many repurposed as office space, rounding out the area’s commercial diversity. On the south side of St. Clair Ave, west of Keele St, are several “big box” retailers, including Walmart, Home Depot, Rona, Metro, Canadian Tire, Future Shop and Staples as well as a variety of local services. On the north side of St. Clair Ave is a recent development of 348 two-storey semi - detached family homes with detached garages. Once the main Stockyards site, anchoring the neighbourhood at the north west corner of Weston Rd and St. Clair Ave West, is The Stockyards development, a joint venture of Trinity Developments and Riocan REIT. It contains 550,000 square feet of rentable space in a multi-building, multi-level, urban “big box” format, providing a host of amenities to the area. Major tenants include HomeSense, PetSmart, Best Buy, and Winners. It is approximately 300 metres, or a 4-minute walk from 139 Mulock Avenue. The area is well serviced by public transportation. The 512 St. Clair Streetcar has its terminus at Gunns Rd and St. Clair Ave, a short walk from 139 Mulock Ave. With its dedicated centre lane, the streetcar operates without interruption between 5.00 am and 2.30 am weekdays with approximately 20 cars per hour at peak periods and connecting with the St. Clair West and Yonge subway stations providing access to the entire TTC system. In addition to the bus-subway connection to Keele St subway station, the 41 and 89 Keele and Weston buses connect to the Bloor-Danforth subway line at Dundas West station. The 71 Runnymede bus provides service connecting the St.Clair subway station and Runnymede station.
ARE A O V E R V I E W THE JUNCTION The Junction, named for its proximity to the junction of four railway lines, was originally an independent municipality known as West Toronto until amalgamation in 1909. The area is generally bounded by Runnymede Rd, St Clair Ave, Keele St/Weston Rd and Annette St approximately five miles north west of downtown Toronto. The area was an important manufacturing community that came to prominence in the late 19th Century spurred by cheaper land, labour and taxes than the then City of Toronto. Notable companies of the time who established themselves in the area were Canadian Cycle & Motor Co., Campbell Milling Company and Heintzman, the famed piano builder. Canadian Pacific Railway established a major operation with yards extending from Keele Street to Scarlett Road. The town also obtained port of entry status allowing local businesses to clear their goods in West Toronto, versus the City of Toronto downtown port. Prosperity in the area was hampered with the passing of a prohibition law in 1904. It was finally repealed in 1998, which has had a positive effect on the community. Rapid gentrification has meant new chic restaurants and bars attracting a younger generation, while at the same time, relatively lower rents and housing prices have attracted new residents. The manufacturing history has also resulted in a surplus of vacated industrial buildings generating `loft` conversion possibilities. AN EMERGING OFFICE MARKET NODE The Junction has become a commercial office/loft node for a wide range of companies looking for good value in their office real estate. From entrepreneurial firms (Govan Brown, Freshbooks) to large global entities (Ubisoft), the Junction’s character market is now home so some of Toronto’s premiere companies. The market has met the demand of companies looking for character space at competitive pricing.
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F L OOR PL A N S FIRST FLOOR | 9,923 SF
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS