On behalf of an investor client, GWL Realty Advisors has expanded its portfolio with the acquisition of a well-located Class A office building in Toronto’s downtown financial core.

The tower, located at the southeast corner of Yonge Street and Richmond Street East, features 19 storeys worth of office space that stretches over 286,036 square feet and 10,956 square feet of grade level retail.

151 Yonge Street is a prime spot because it offers immediate access to the underground PATH system and TTC connections.

Tenants, mainly working in government, legal and financial services, also have easy access to GO Transit, the Don Valley Parkway and major highways. The building boasts a Walk Score of 99 out of 100.

“Opportunities to acquire prime office buildings connected to the PATH network with TTC subway access are rare,” said Paul Finkbeiner, president of GWL Realty Advisors. “This acquisition is consistent with our client’s objective to acquire downtown office buildings in major markets.”