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- LoopNet Team
438 University Ave
Toronto, ON M5G 2K8
Office Property For Sale
INVESTMENT HIGHLIGHTS
- The Property is currently 93% leased to a defensive rent roll anchored by Infrastructure Ontario occupying 191,053 sq. ft
- 13% below market in-place rents provide investors and lenders a rare combination of cash flow security, stability, and growth
- Favourable financing in-place is available for assignment to qualified investors
- The 5.3-year WALT, 79% investment grade tenancy
- 438 University is well-positioned for continued outperformance highlighted by its average occupancy of approximately 99% since 2019
- $7.5M Capital Expenditure Over Last 10 Years
PROPERTY FACTS
AMENITIES
- Banking
- Bus Route
- Local Shop
- Public Transport
- Property Manager on Site
- Restaurant
- Security System
- LEED Certified - Gold
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Led by the Canada Green Building Council (CAGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighbourhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
