497 Bloor Street W 16 (3rd)
University, Toronto, M5S 1Y2
$2,150/mo
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 mSite Plan · Under Review · applied 2026The 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 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Zoning 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 mOfficial Plan / Zoning By-law Amendment · OMB Appeal · applied 2025Lift the hold ('H') application for By-law 410-2024.Application details
-
175 LOWTHER AVE · 250 mSite Plan · Under Review · applied 2025Site 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 mSite Plan · Under Review · applied 2025Site 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 mSite Plan · Under Review · applied 2022Proposal 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.
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.
Building permits
- Multiple Projects · 2016 · ClosedEnclose 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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