39 Spadina Road

Annex, Toronto, M5R 2S9

$4,799,000

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Listed 18 days ago · MLS® C13856912

About this home

Rare opportunity to acquire a rarely available three-story, renovated, 8,368 SF commercial building in the heart of Toronto's prestigious Annex neighbourhood. Currently improved for a school use and occupied by a Montessori school, the property can be delivered vacant on closing.The building is fully accessible, featuring a new elevator, and offers the ideal blend of classic heritage character with a modern rear addition delivering charm, functionality, and contemporary infrastructure in one package. Interior improvements include multiple classrooms/offices, administrative areas, and washrooms. Strategically located steps from Spadina Station and just north of Bloor Street, the site benefits from excellent transit connectivity and sits within one of Toronto's most walkable, amenity-rich neighbourhoods. It is a great fit for professional services, law firms, tech companies, school uses, etc.

Details

Type
Office
Lot
29.33 × 130 ft
Garage
None
Property tax
$77,082 (2026)
Neighbourhood
Annex
Municipality
Toronto C02

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
8,368 Square Feet

More

Possession
Immediate
Cross street
Bloor Street W & Spadina Ave

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

  • 🚇 Spadina Subway1 min walk
  • 🚇 St. George Subway7 min walk
  • 🚆 Toronto Union Station GO3.3 km

Within a 10-minute walk: 10 grocery stores, 176 cafés and restaurants, 23 parks, 9 pharmacies. Nearest grocery: Metro (300 m). Nearest park: Gwendolyn MacEwen Parkette (150 m).

Schools nearby

Elementary

  • Huron Street Junior Public School
    EQAO: Gr 6 reading 79%, math 59%
    5 min walk
  • Palmerston Avenue Junior Public School
    EQAO: Gr 6 reading 88%, math 73%
    14 min walk

Secondary

  • ALPHA II Alternative School11 min walk
  • Central Technical School
    EQAO: Gr 9 math 34%, literacy test 74%
    11 min walk
  • Monsignor Fraser College - Annex Campus Catholic12 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 M5R

Owners / renters
39% / 61%
Median household income
$86,000
Average age
46
Children under 15
8%
Homes
5% detached, 54% high-rise
Commute by transit
25%
Population
26,197

Languages spoken most at home besides English: Mandarin 1.3%, Spanish 1%, Yue (Cantonese) 0.7%, Iranian Persian 0.6%.

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 Annex (2025): 35% above the Toronto average, down 12% from the year before.

  • Assault41% above average
  • Break and enter104% above average
  • Auto theft48% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings36% below 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 15 active

  • 300 BLOOR ST W · 250 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Standard Condominium to create 339 residential units and 1 retail unit within a 34-storey building.
    Application details
  • 171 LOWTHER AVE · 250 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Lift the hold ('H') application for By-law 410-2024.
    Application details
  • 171 LOWTHER AVE · 250 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 11-storey residential building with 64 dwelling units, including the retention of part of the heritage building at 171 Lowther Avenue.
    Application details
  • 40 WALMER RD · 200 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 25-storey building with a mix of rental replacement units (33 units) and condominium ownership units, totalling 253 units.
    Application details
  • 425 BLOOR ST W · 300 m
    Site Plan · Under Review · applied 2022
    Proposal for a 30-storey building with retail units at grade along Bloor Street West. Overall, the proposal will introduce 472 residential units and 798 square…
    Application details
  • 425 BLOOR ST W · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2022
    Official Plan and Zoning By-law Amendment application to permit a 30-storey mixed-use building, containing 472 dwelling units and 798 square metres of…
    Application details

16 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

To Union Station (downtown Toronto): 3 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

Heritage Listed

This address is on Toronto’s Heritage Register: Listed. The City must get 60 days’ notice before demolition, and it can move to designate the property.

Heritage Register entry

Building permits

No building permits at this address since 2014.

21 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

35 City street trees within 100 m, mostly maples. That’s about 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 LENNARD COMMERCIAL REALTY.

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

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