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34 Noble Street

34 Noble Street

Toronto W01, ON

  • 5,855 sqft
  • Investment
  • 117 days on market
$8,800,000

The offering presents the opportunity to acquire a 100 percent freehold interest in 34 Noble Street, Toronto, Ontario (The "property" or the "site"). The property offers investors a compelling opportunity to acquire an 18-unit hard loft style apartment building in Toronto's Queen West Neighbourhood. The property has undergone significant capital investment under current ownership, with 12 of 18 suites fully renovated to a high standard and an additional 2 suites partially renovated. In-place rents on the renovated stock have held firm despite broader softness in the Toronto rental market, and the remaining 4 unrenovated suites provide a clear path to continued NOI growth as units turn. The building's authentic hard loft character - exposed brick, timber post-and-beam construction, and oversized windows - provides a durable competitive advantage that new construction cannot replicate and underpins long-term rental growth prospects.

Listing Details

Taxes (2025)
$55,246
Listed
May 13, 2026

Price History

Property

Lot Size
55 x 106 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Noble Street and Strickland Avenue
Zoning
EL, R (d1*803)
Parcel Number
213040127
Possession
Immediate
Occupancy
Tenant

Commercial

Business Type
Apts - 13 To 20 Units

Community

Postal area M6K

Population
42,110
Private dwellings
25,403
Median age
35.6
Average household size
1.8
Median household income
$72,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto W01 · last 12 months

Median sold price
$1,002,000
Homes sold
478
Median days on market
15
Sale-to-list price
101.1%

Based on 478 recorded sales of commercial properties in Toronto W01 over the last 12 months.

Listed by

CUSHMAN & WAKEFIELD

Walk Score

98

Walk

86

Transit

87

Bike

Scores by Walk Score®

Commercial figures

Building area
5,855 sq ft
Price per sq ft
$1,502.99
Annual property tax
$55,246
Tax per sq ft
$9.44

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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