For sale

92 isabella street
with vacant Possession toronto, ontario, canada

Property Highlights

* Historic building in prime midtown location

* Fully preserved architectural detail and in excellent condition throughout

* Minutes to Bloor Street and public transit system

* 5,200 square feet of office accomodation plus full basement

* VTB available to qualified buyer

Smith Company Commercial Real Estate Services Inc. | Brokerage ISO 9001 Certified
401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800
www.smithcompany.ca | info@smithcompany.ca
Property Information 92 isabella street, toronto
Location:

92 Isabella is located in midtown Toronto, on the north side

of Isabella, between Jarvis and Church Street. The block
is predominantly residential in nature, with four high rise
(11 & 13 storey) apartments, three 1930’s era apartment
houses. 90a, 92 and 94 Isabella are commercial office and
institutional occupancy historic structures.

Bloor Street is the heartbeat of Toronto with Bloor and

Yonge being the crossroads of Toronto’s subway system
and the area accomodating an effective mix of business
offices ranging from life companies to media producers,
the City’s carriage trade retail hub, hotels, the City’s
priciest condominiums, Queen’s Park, the seat of Ontario
Government, University of Toronto, Royal Ontario Museum
(R.O.M.) and several major hospital facilities. 92 Isabella is 3
blocks south of Bloor Street. Church Street provides a wide
variety of services including banks, restaurants etc. Jarvis to
the east is a major north/south arterial road. Isabella Street,
on this block is a one-way eastbound street. There is on-
street metered parking available.

Toronto’s subway system which links to all modes of public

transport can be accessed within a few minutes walk at
Bloor and Yonge or Bloor and Sherbourne.

Building:

The adjoining 90 and 92 Isabella Street was completed in 1889, at a time when the area was the most fashionable
residential neighbourhood of Toronto. The building contains 3 storeys above grade; a finished basement; and a large attic
space suitable for improvement. The following accommodation is provided:

Ground floor: Reception, conference room, 3 private offices and washroom. 1,791 sq.ft.
2nd floor: Reception, boardroom, 4 private offices, kitchen and washroom. 1,765 sq.ft.
3rd floor: 2 large work areas, 4 private offices, storage room and washroom. 1,645 sq.ft.
Total area above grade: 5,201 sq.ft.

The developed basement has been in use as an apartment with open living
area, 3 bedrooms, kitchen and full bathroom: 1,340 sq.ft.
Total building area: 6,541 sq.ft.

The building is fully restored. The exterior masonry structure comprises a stone block plinth supporting red facing brick
exterior walls which incorporate terracotta paneling detail, arched windows and ornate woodwork featured on the porch,
3rd floor deck and eaves. The multi pitched roof structure is finished with slate tiles. The centre roof section is a mansard
with a flat built up bituminous felt finish and skylight. Other detail includes recently restored finials.

The interior includes many of the original features such as dado paneling, doors and frames, cornices, fireplaces and ceiling
pendants. Of particular note are the grand staircase and many original stained glass windows.

The building is air conditioned, and heating is delivered through period steam radiators generated by a gas fired boiler. An
upgraded electrical supply is installed, delivering 400 amps with the main breaker and 2 service panels in the basement. An
Edwards security alarm system is installed. The building is served by scaleable fibre optic ATM cable installed by Bell. There
are Ethernet drops in approximately 20 locations for network use.
Smith Company Commercial Real Estate Services Inc. | Brokerage
401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800
www.smithcompany.ca | info@smithcompany.ca
Property Information 92 isabella street, toronto

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Title:

The property is a fee simple estate. The only registered encumbrances are:

CT279303 (02/14/78) Bylaw 25-78 designating 90-92 Isabella Street of architectural value under The Ontario Heritage Act.

63R1490 (04/18/78) Registered Plan of the property.

63R2759 (11/15/82) Registered Plan in connection with severance of the rear portion of the land parcel.

Assessment and Taxes:

MPAC currently assesses the property at $1,258,000.

Property Taxes for the 2008 tax year were $ 36,546.17

Zoning:

The City of Toronto Zoning Bylaw No. 438-86 classifies the property R3Z1.0, which permits a variety of residential, nursing
and care facilities to a density of one times the site area. However, commencing with a Committee of Adjustment consent
in 1978, the building has been in continual use as professional offices. Accordingly the property is a legal non-conforming
use.

Possession:

The building is presently occupied by the property owner, operating its media business. The owner will provide vacant pos-
session of the building at completion of a sale, and may consider terms for a short term leaseback of the building, should a
buyer wish to defer actual occupancy.
Smith Company Commercial Real Estate Services Inc. | Brokerage
401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800
www.smithcompany.ca | info@smithcompany.ca
Property Information 92 isabella street, toronto

Vendor Mortage:

The owner will, subject to certain financial and security

requirements, provide at Closing a first mortgage on
current market terms for up to a 5 year term.

Price:

$2,150,000 (Canadian)

Further information is available and arrangements for an inspection can be made by contacting the Exclusive Listing
Agents:

JOHN GORDON* 416.848.7722

jgordon@smithcompany.ca

PAUL SMITH** 416.366.5756

psmith@smithcompany.ca

* Sales representative ** Broker of Record

The information contained herein was obtained from sources deemed reliable and believed to be true; it has not been independently verified and
as such cannot be warranted nor form part of any future contract.

Smith Company Commercial Real Estate Services Inc. | Brokerage ISO 9001 Certified
401 Bay Street, P.O. Box 59, Suite 2704, Toronto, Ontario M5H 2Y4 | T. 416.366.7000 | F. 416.366.9800
www.smithcompany.ca | info@smithcompany.ca