525 University Avenue

Bay Street Corridor, Toronto, M5G 2L3

$28/mo

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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 m
    Site Plan · Application Received · applied 2026
    Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.
    Application details
  • 206 SIMCOE ST · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed 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 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed 18 storey building containing 234 hotel suites and retail space.
    Application details
  • 130 ELIZABETH ST · 200 m
    Site Plan · NOAC Issued · applied 2025
    Site 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 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Combined 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 m
    Plan of Condominium · Draft Plan Approved · applied 2024
    Standard 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.

Full lot check · Run the numbers

Building permits

  • Electromagnetic Locks · 2025 · Closed
    Proposed install of 3 maglocks
  • Interior Alterations · 2025 · Closed
    Interior alteration of the current spaghetti restaurant into a pizza restaurant.SCOPE OFF WORK DOES NOT INCLUDE PATRON SEATING OR EXTERIOR…
  • Interior Alterations · 2025 · Closed
    Proposal for interior alterations to level 12.
  • Interior Alterations · 2025 · Closed
    Revision: changes include the removal of the door actuator
  • Interior Alterations · 2024 · Closed
    Proposed 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.

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