With five million square feet of available space across 47 office towers, downtown Toronto is becoming a tenant’s paradise - and an investor’s potential nightmare
With five million square feet of available space across 47 office towers, downtown Toronto is becoming a tenant’s paradise - and an investor’s potential nightmare
It is. Difficult, time consuming and expensive.
But even with that, I’ve seen a couple happen that seem to have been sucessful.
It took them almost 3 years between commercial tenants leaving and residential tenants moving in, but it from what I can tell, it appears to have been sucessful.
I actually used to live in a loft that was a former sears warehouse, it was pretty cool. Had lots of character.