23 Toronto Street
Church-Yonge Corridor, Toronto, M5C 2R1
$50/mo
- 4 bathrooms
Listed 162 days ago · MLS® C13113402
About this home
Rare full-building leasing opportunity in the heart of Toronto's Financial District totaling 7,523 SF across two floors. Ideal for office, retail, educational or flagship showroom uses. Breakdown: 1st Floor: 3,722 SF 2nd Floor: 3,801 SF Self-contained building with private entrance and strong branding opportunity. Landlord to deliver space in base building condition ready for tenant fit-out. Excellent downtown location steps from King & Yonge, Financial Core, TTC subway, PATH and surrounding amenities. Immediate occupancy available. Offering 6+ months free net rent on qualifying lease terms (minimum 3 years).
Details
- Type
- Commercial Retail
- Garage
- None
- Property tax
- $19 (2026)
- Neighbourhood
- Church-Yonge Corridor
- Municipality
- Toronto C08
Interior
- Bathrooms
- 4 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 7,523 Square Feet
Rental terms
- Minimum term
- 36 months
More
- Possession
- Immediate
- Cross street
- Adelaide & Toronto
Location
Location is approximate. See nearby homes on the map
The neighbourhood
Getting around Very walkable
- 🚇 King Subway4 min walk
- 🚇 Queen Subway6 min walk
- 🚆 Toronto Union Station GO12 min walk
Within a 10-minute walk: 23 grocery stores, 409 cafés and restaurants, 21 parks, 23 pharmacies. Nearest grocery: Rabba (150 m). Nearest park: Courthouse Square (50 m).
Schools nearby
Elementary
- Saint Michael's Choir School Catholic8 min walk
- Downtown Alternative School9 min walk
- St. Michael Catholic School Catholic
EQAO: Gr 6 reading 83%, math 36%9 min walk - École élémentaire Gabrielle-Roy French
EQAO: Gr 6 reading 100%, math 88%11 min walk
Secondary
- Contact Alternative School19 min walk
- Collège français French1.3 km
- Inglenook Community School
EQAO: literacy test 50%1.4 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 M5C
- Owners / renters
- 47% / 53%
- Median household income
- $89,000
- Average age
- 40
- Children under 15
- 6%
- Homes
- 97% high-rise
- Commute by transit
- 24%
- Population
- 3,149
Languages spoken most at home besides English: Mandarin 2%, Yue (Cantonese) 1.3%, Bengali 0.8%, Portuguese 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 Downtown Yonge East (2025): 123% above the Toronto average, down 17% from the year before.
- Assault207% above average
- Break and enter45% above average
- Auto theft66% below average
- Robbery83% above average
- Theft from vehicles84% above average
- Shootings47% 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 32 active
-
69 YONGE ST · 250 mSite Plan · Application Received · applied 2026
-
134 JARVIS ST · 400 mSite Plan · Under Review · applied 2026Proposed 11-space surface commercial parking lot.Application details
-
125 GEORGE ST · 450 mPlan of Condominium · Draft Plan Approved · applied 2026Draft Plan of Condominium for 39-storey mixed-use development with four levels of underground parking, and containing 516 residential dwelling units.Application details
-
59 ADELAIDE ST E · 50 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Combined Official Plan & Zoning By-law Amendment for a new 63-storey mixed-use building, containing approximately 370 dwelling units.Application details
-
60 YONGE ST · 300 mSite Plan · Under Review · applied 2025Proposed redevelopment of the 12-storey office building at 60 Yonge Street with a 65-storey mixed-use building that includes a 5-storey base building, topped…Application details
-
114 CHURCH ST · 150 mPlan of Condominium · Draft Plan Approved · applied 2025Standard condominium application to create 592 residential units within a 48-storey mixed-use building. There will be 4 levels of below grade parking.Application details
42 more within 500 m.
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
Coming transit
- 🚧 Queen 300 m
- 🚧 Moss Park 600 m
- 🚧 Osgoode 850 m
Stations under construction or approved. Opening dates are the latest public estimates and often move.
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.
Heritage Protected
This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2022). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.
Building permits
- Interior Alterations · 2026 · Permit IssuedProposal for interior alterations to extend existing restaurant into adjacent suite.
32 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
64 City street trees within 100 m, mostly honeys. 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 AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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