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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# C12026360Waterfront Communities C1, Toronto · M5V 1P7
For SaleInvestment

299 Adelaide Street W

$14,495,000
11,376 sqft$1,274/sq ft398d on market
Cinema Tower CondosbyThe Daniels Corporation
MLS# C12026360Waterfront Communities C1, Toronto · M5V 1P7
For SaleInvestment

299 Adelaide Street W

Cinema Tower CondosbyThe Daniels Corporation

$14,495,000

$1,274/sq ft· Bldg avg $1,019/sq ft · 398 days on market

Bedrooms
—
Size
11,376 sq ft
Parking
166 None

Listing History — This Unit

Mar 17, 2025(1y ago)·398 DOM
$14,495,000
Active
CBRE LIMITED
C12026363
Mar 17, 2025(1y ago)·398 DOM
$14,495,000
Active
CBRE LIMITED
C12026360Current

About This Listing

Exceptional retail property & 166 parking stalls situated in the heart of Toronto's Entertainment District. This prime retail space spans 11,618 sq. ft. access two levels, featuring soaring 20+ ft. ceilings heights and more than 50 ft. of frontage along Adelaide Street, ensuring high visibility and foot traffic. The property is 100% leased to Petros 82, a well-established restaurant, under a 10-year lease, providing stable, long-term cash flow. This property represents a rare investment opportunity in one of Toronto's most dynamic neighborhoods, offering beautiful retail space with a reliable tenant in the area known for its thriving cultural and entertainment scene.

Property Details

MLS NumberC12026360
Property TypeInvestment
StyleRetail
Listing TypeFor Sale
StatusActive
Size11,376 sq ft
Year Built2015
Parking Spaces166
Parking TypeNone
Property Tax$172,913.26/yr
Days on Market398
Listed2025-03-17
CommunityWaterfront Communities C1
MunicipalityToronto
Cross StreetAdelaide Street W / Widmer Street
Cinema Tower Condos

Cinema Tower Condos

Red Bricks Data

by The Daniels Corporation · 21 Widmer Street

43 Storeys444 SuitesCompleteWalk 100Transit 100

Maint. Fees

0.00

Occupancy

2014

Live MLSFor Sale: 3 · $1019/sqftFor Rent: 4 · $4.36/sqft
Party RoomLoungeTerraceTheatre RoomExercise RoomHot TubSteam RoomBasketball Court
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Listing provided by CBRE LIMITED

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 18, 2026 at 01:02 a.m.