525 University Avenue
Bay Street Corridor, Toronto, M5G 2L3
$28/mo
Listed 11 days ago · MLS® C13882434
About this home
GROUND FLOOR - AMAZING LOCATION - READY TO MOVE IN - OFFICE & RETAIL. Rare opportunity to lease a professionally renovated 2,531 sq. ft. commercial space in Toronto's renowned Discovery District. Situated on the ground floor, beside the elevators, with direct lobby access within a prestigious 192,771 sq. ft. office tower, the space offers outstanding accessibility and convenience. Surrounded by Toronto General Hospital, Princess Margaret Cancer Centre, Mount Sinai Hospital, SickKids, MaRS Discovery District, and the University of Toronto, this location is ideal for medical, wellness, and professional office users. The flexible layout is move-in ready and well suited for physiotherapy, chiropractic, rehabilitation, mental health, wellness clinics, or other healthcare and professional services. Immediate occupancy available. Longer lease terms may be available through the head landlord.
Details
- Type
- Office
- Lot
- 1 × 1 ft
- Garage
- Underground
- Property tax
- $25 (2025)
- Neighbourhood
- Bay Street Corridor
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 2,531 Square Feet
Rental terms
- Minimum term
- 37 months
More
- Possession
- Immediate
- Cross street
- University at Elm
Location
Location is approximate. See nearby homes on the map
The neighbourhood
Getting around Very walkable
- 🚇 St. Patrick Subway3 min walk
- 🚇 Queen's Park Subway6 min walk
- 🚆 Toronto Union Station GO1.5 km
Within a 10-minute walk: 20 grocery stores, 534 cafés and restaurants, 26 parks, 33 pharmacies. Nearest grocery: Petra Ave Market (250 m). Nearest park: Children's Healing Garden (100 m).
Schools nearby
Elementary
- Orde Street Public School
EQAO: Gr 6 reading 89%, math 64%6 min walk - Cornerstone Preparatory School Private7 min walk
- Beverley School9 min walk
- Saint Michael's Choir School Catholic14 min walk
Secondary
- Contact Alternative School5 min walk
- Heydon Park Secondary School
EQAO: Gr 9 math 8%8 min walk - Subway Academy II Private9 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 M5G
- Owners / renters
- 30% / 70%
- Median household income
- $67,500
- Average age
- 34
- Children under 15
- 8%
- Homes
- 0% detached, 99% high-rise
- Commute by transit
- 21%
- Population
- 9,751
Languages spoken most at home besides English: Mandarin 9.1%, Yue (Cantonese) 2.9%, Arabic 2.8%, Korean 1.6%.
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 Yonge-Bay Corridor (2025): 247% above the Toronto average, about the same from the year before.
- Assault338% above average
- Break and enter191% above average
- Auto theft28% below average
- Robbery283% above average
- Theft from vehicles90% 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 23 active
-
99 GERRARD ST W · 250 mSite Plan · Application Received · applied 2026Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.Application details
-
206 SIMCOE ST · 450 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…Application details
-
67 ELM ST · 300 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed 18 storey building containing 234 hotel suites and retail space.Application details
-
130 ELIZABETH ST · 200 mSite Plan · NOAC Issued · applied 2025Site Plan Approval for a 15-storey building at 604-610 Bay Street and a 43-storey building at 130 Elizabeth Street. The proposed development integrates the…Application details
-
250 DUNDAS ST W · 200 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2024Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 49 to 57-storeys, a reduction in the required…Application details
-
234 SIMCOE ST · 350 mPlan of Condominium · Draft Plan Approved · applied 2024Standard Draft Plan of Condominium for 17 non-residential units.Application details
32 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): 1 km. Transit times · Driving times
Coming transit
- 🚧 Osgoode 600 m
- 🚧 Queen 850 m
- 🚧 Chinatown 1.0 km
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.
Building permits
- Electromagnetic Locks · 2025 · ClosedProposed install of 3 maglocks
- Interior Alterations · 2025 · ClosedInterior alteration of the current spaghetti restaurant into a pizza restaurant.SCOPE OFF WORK DOES NOT INCLUDE PATRON SEATING OR EXTERIOR…
- Interior Alterations · 2025 · ClosedProposal for interior alterations to level 12.
- Interior Alterations · 2025 · ClosedRevision: changes include the removal of the door actuator
- Interior Alterations · 2024 · ClosedProposed partial interior demolition of existing walls, finishes, mechanical and electrical elements. New plumbing, washroom plumbing…
34 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
61 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 REAL BROKER ONTARIO LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Toronto
$22/mo
121 Richmond Street 200
Bay Street Corridor, Toronto
Office · MLS® C12728972 · COLLIERS
$22/mo
121 Richmond Street 1200
Bay Street Corridor, Toronto
Office · MLS® C12728974 · COLLIERS
$22/mo
121 Richmond Street 500
Bay Street Corridor, Toronto
Office · MLS® C12728982 · COLLIERS
$22/mo
121 Richmond Street 401
Bay Street Corridor, Toronto
Office · MLS® C12728984 · COLLIERS
$22/mo
121 Richmond Street 402
Bay Street Corridor, Toronto
Office · MLS® C12728990 · COLLIERS
$22/mo
121 Richmond Street 1101
Bay Street Corridor, Toronto
Office · MLS® C13713616 · COLLIERS
$28/mo
1220 Yonge Street 202
Yonge-St. Clair, Toronto
Office · MLS® C9266918 · TRINIHILL REALTY CORP.
$28/mo
139-141 Church Street
Church-Yonge Corridor, Toronto
Office · MLS® C11960375 · THE BEHAR GROUP REALTY INC.