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1554 Avenue Road

Bedford Park-Nortown, Toronto, M5M 3X5

$2,199,000

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Listed 98 days ago · MLS® C13560158

About this home

Exceptional investment opportunity in Toronto's prestigious and affluent Avenue Road & Lawrence Avenue corridor. This approximately 1,130 sq. ft. commercial property is leased to an established tenant, providing investors with stable rental income and an attractive lease already in place. Located in one of the city's most sought-after retail nodes, the property benefits from strong pedestrian and vehicular traffic, excellent visibility, and a dense surrounding residential population with significant purchasing power. A rare opportunity to acquire a quality income-producing retail asset in a highly desirable Toronto location with strong long-term investment potential.

Details

Type
Commercial Retail
Garage
Outside/Surface
Property tax
$23,500 (2026)
Neighbourhood
Bedford Park-Nortown
Municipality
Toronto C04

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,130 Square Feet

More

Possession
TBD
Cross street
AVENUE & LAWRENCE
Business type
Hospitality/Food Related

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Lawrence Subway18 min walk
  • 🚇 Avenue LRT2.2 km
  • 🚆 Downsview Park GO6.0 km

Within a 10-minute walk: 3 grocery stores, 14 cafés and restaurants, 9 parks, 1 pharmacy. Nearest grocery: Pusateri's Fine Foods (50 m). Nearest park: Glengarry Park (200 m).

Schools nearby

Elementary

  • John Wanless Junior Public School
    EQAO: Gr 6 reading 88%, math 79%    11 min walk
  • John Ross Robertson Junior Public School
    EQAO: Gr 6 reading 100%, math 72%    12 min walk
  • Ledbury Park Elementary and Middle School
    EQAO: Gr 6 reading 93%, math 51%    14 min walk
  • Mesorah Montessori School Private15 min walk

Secondary

  • Lawrence Park Collegiate Institute
    EQAO: Gr 9 math 88%, literacy test 96%    8 min walk
  • Bais Yaakov High School Private10 min walk
  • Glenview Senior Public School10 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5M

Owners / renters
76% / 24%
Median household income
$164,000
Average age
41
Children under 15
19%
Homes
65% detached, 10% high-rise
Commute by transit
17%
Population
25,495

Languages spoken most at home besides English: Mandarin 1.6%, Iranian Persian 1%, Tagalog (Pilipino, Filipino) 1%, Spanish 0.8%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Bedford Park-Nortown (2025): 43% below the Toronto average, down 42% from the year before.

  • Assault70% below average
  • Break and enter32% above average
  • Auto theft33% below average
  • Robbery24% below average
  • Theft from vehiclesabout average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 1451 AVENUE RD · 400 m
    Site Plan · NOAC Issued · applied 2024
    Site Plan Control Application to permit a 1-storey (16.5m) tall air supported dome structure to house artificial turf soccer fields. A surface vehicular pick…
    Application details
  • 1648 AVENUE RD · 350 m
    Site Plan · Under Review · applied 2021
    Site Plan and Zoning By-law amendment applications for a proposed redevelopment of the site to permit a 9-storey mixed-use building having a non-residential…
    Application details
  • 250 LAWRENCE AVE W · 200 m
    Plan of Condominium · Closed · applied 2022
    Draft Plan of Condominium to permit a 9-storey condominium with 173 dwelling units and three levels of underground parking garage.
    Application details
  • 1648 AVENUE RD · 350 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2021
    Zoning By-law amendment and Site Plan application for a proposed redevelopment of the site to permit an 8-storey mixed-use building having a non-residential…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 9 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2024 · Closed
    Interior alterations to an existing commercial suite for new tenant.

4 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

62 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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