497 Bloor Street W 16 (3rd)

University, Toronto, M5S 1Y2

$2,150/mo

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Listed 222 days ago · MLS® C12877720

About this home

Third-floor commercial unit on Bloor Street West with direct access from the main road and close proximity to major transit options. The space features three separate rooms, a full bathroom, and an open lounge area suitable for a variety of professional or office uses. Includes a private outdoor balcony overlooking a lower deck patio with seating and lighting. Opportunity for signage along Bloor Street West providing strong street exposure.

Details

Type
Commercial Retail
Garage
None
Property tax
$650 (2026)
Neighbourhood
University
Municipality
Toronto C01

Heating, cooling and services

Heating
Radiant
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
1,400 Square Feet

Rental terms

Minimum term
12 months

More

Possession
Flexible
Cross street
Bloor St

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Bathurst Subway4 min walk
  • 🚇 Spadina Subway6 min walk
  • 🚆 Toronto Union Station GO3.2 km

Within a 10-minute walk: 11 grocery stores, 194 cafés and restaurants, 21 parks, 11 pharmacies. Nearest grocery: Bulk Barn (0 m). Nearest park: Joseph Burr Tyrell Park (100 m).

Schools nearby

Elementary

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

Secondary

  • ALPHA II Alternative School5 min walk
  • Central Technical School
    EQAO: Gr 9 math 34%, literacy test 74%
    5 min walk
  • Monsignor Fraser College - Annex Campus Catholic8 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 M5S

Owners / renters
36% / 64%
Median household income
$70,000
Average age
40
Children under 15
6%
Homes
1% detached, 72% high-rise
Commute by transit
24%
Population
17,074

Languages spoken most at home besides English: Mandarin 8.4%, Yue (Cantonese) 2%, Korean 1.7%, Portuguese 1.1%.

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 University (2025): 120% above the Toronto average, about the same from the year before.

  • Assault127% above average
  • Break and enter285% above average
  • Auto theftabout average
  • Robbery71% above average
  • Theft from vehicles67% above 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 14 active

  • 862 BATHURST ST · 350 m
    Site Plan · Under Review · applied 2026
    The proposal involves a 3-storey addition to the existing 2-storey building, resulting in a 5-storey mixed-use building. The development would retain medical…
    Application details
  • 736 BATHURST ST · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Zoning By-law Amendment for a 40-storey mixed-use building containing 386 rental dwelling units and cultural/commercial space at-grade. The existing Bathurst…
    Application details
  • 175 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
  • 175 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 · 350 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 · 250 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

15 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

  • Multiple Projects · 2016 · Closed
    Enclose second floor deck and repair deck on the third floor - mixed use building with commercial and residential

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

85 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 Associates.

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

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