21 Gloucester Street

Church-Yonge Corridor, Toronto, M4Y 1L8

$21,800/mo

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Listed 5 days ago · MLS® C14080580

About this home

An Exceptional Opportunity to Establish or Operate a Restaurant In a Highly Sought-After Location in Downtown Toronto's Church-Yonge Corridor.The Premises Benefit From an Established Operational History and Are Improved With Complete Food Service Facilities, Mechanical Exhaust, and A Functional Dining Configuration, Suitable For Immediate Occupancy. Situated On a 3,366 Sqft Lot, The Premises Comprises a Two-Storey Structure Totaling Approximately 6,800 Sqft. Above Grade (Excluding Finished Basement), Including a Substantial Ground-Level Commercial Area and a Residential Unit 775 Sq.Ft On The Second Floor. The Premiese Is Strategically Located Near Rapid Transit, Major Post-Secondary Institutions, Surrounding High-End Residential Developments, and a Densely Populated Urban Environment With Significant Pedestrian Volume. Ideally Positioned Within Immediate Proximity to Subway Transit and a Short Distance From TMU and UT, The Property Is Located In A Strong Income Demographic, and a Nearby Park, Shops, Restaurants, Within a Highly Concentrated Downtown Area Benefiting From Continuous Pedestrian Flow...

Details

Type
Commercial Retail
Lot
32.74 × 101.81 ft
Garage
None
Property tax
$7 (2026)
Neighbourhood
Church-Yonge Corridor
Municipality
Toronto C08

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Available

Building and exterior

Building area
6,800 Square Feet

Rental terms

Minimum term
36 months

More

Possession
Flexible
Cross street
Yonge and Wellesley
Business type
Hospitality/Food Related

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Cedarvale Subway4 min walk
  • 🚇 Oakwood LRT10 min walk
  • 🚆 Mount Dennis GO4.4 km

Within a 10-minute walk: 8 grocery stores, 47 cafés and restaurants, 11 parks, 7 pharmacies. Nearest grocery: Mr. Chaskeros (500 m). Nearest park: Ben Nobleman Park (150 m).

Schools nearby

Elementary

  • J R Wilcox Community School
    EQAO: Gr 6 reading 97%, math 66%
    4 min walk
  • Cedarvale Community School
    EQAO: Gr 6 reading 97%, math 69%
    6 min walk
  • West Preparatory Junior Public School
    EQAO: Gr 6 reading 87%, math 57%
    10 min walk
  • Davisville Junior Public School11 min walk

Secondary

  • Spectrum Alternative Senior School11 min walk
  • Forest Hill Collegiate Institute
    EQAO: Gr 9 math 60%, literacy test 93%
    1.3 km

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 M4Y

Owners / renters
29% / 71%
Median household income
$62,400
Average age
39
Children under 15
4%
Homes
0% detached, 91% high-rise
Commute by transit
31%
Population
36,319

Languages spoken most at home besides English: Mandarin 7.6%, Korean 1.5%, Spanish 1.3%, Iranian Persian 1%.

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 Humewood-Cedarvale (2025): 34% below the Toronto average, up 19% from the year before.

  • Assault39% below average
  • Break and enterabout average
  • Auto theft41% below average
  • Robbery46% below average
  • Theft from vehicles49% below average
  • Shootings48% above average

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 4 active

  • 5 PARK HILL RD · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan Control Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being…
    Application details
  • 5 PARK HILL RD · 300 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    OPA & Rezoning Application proposes the development of an 48-storey residential building. The building will provide a total of 505 residential units, being a…
    Application details
  • 1414 EGLINTON AVE W · 350 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2024
    Rezoning Application to redevelop the site with a 43-storey mixed-use building with a total net FSI of 24.77 and a lot coverage of approximately 71%. The…
    Application details
  • 1445 EGLINTON AVE W · 250 m
    Site Plan · Under Review · applied 2020
    INACTIVE Site Plan approval for proposed renovations and additions to the existing place of worship. The proposed addition will be approximately 719 square…
    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): 7 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Allen Road200 m

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

What can be built RD

Residential Detached.

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

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

No building permits at this address since 2014.

7 permits on this block of the street in the last 2 years, including 1 new home.

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

Trees

96 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 HOMELIFE NEW WORLD REALTY INC..

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

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