Welcome to this remarkable investment located in the coveted neighborhood of Church-Yonge Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,999,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Colliers is pleased to present the opportunity to acquire 110 Lombard Street (the "Property" or the "Building"), a 13,823 square foot (sf), three-storey boutique office building located in Toronto's St. Lawrence neighbourhood. Constructed in 1887, the Property was originally built as the Old Fire Hall, serving as the headquarters of the Toronto Fire Department until 1910. The building features a distinctive architectural presence on the north side of Lombard Street, west of Jarvis Street and south of Queen Street East. Currently leased, a purchaser termination right allows for vacancy as early as May 2027, enabling an investor or owner-occupier to take occupancy for end-use or repositioning in the near term. Extensively renovated in 2011-2012, the Property includes elevator service to all floors, 2 internal staircases, 6 on-site parking spaces accessible via a rear laneway, and a 2,000 sq ft basement for ancillary uses. Recognized as a historic landmark, 110 Lombard is a true generational asset. offering purchasers the opportunity to acquire an irreplaceable property in the heart of Downtown Toronto.
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Public Transit, Subways
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Data-driven valuation for 110 Lombard Street, Toronto C08, ON M5C 1M3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $9,999,999 in Toronto, the legal minimum down payment is $2,000,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $236,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $236,475 also applies, bringing the total estimated land transfer taxes to $472,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.