LCBO headquarters is up for sale—and the property could be worth a bundle

$200,000,000 —The net profit the provincial government expected to reap from the sale of the LCBO’s head-office property, on Queen’s Quay East, when the sale was examined as part of the 2012 Ontario budget process. Earlier today, infrastructure minister Brad Duguid announced that Queen’s Park would be renewing its efforts to sell off the prime waterfront real estate. In 2012, a nearby plot of land around the Toronto Star‘s office building sold to a developer for a reported $250 million.