55 York Street 402

Bay Street Corridor, Toronto, M5J 1R7

$1/mo

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Listed 188 days ago · MLS® C13003200

About this home

Steps to Union Station and surrounded by urban amenities. Beautiful heritage features preserved with modern day workplace essentials. On-site security and building operators. Secure bike storage.

Details

Type
Office
Garage
None
Property tax
$33 (2026)
Neighbourhood
Bay Street Corridor
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
2,192 Square Feet

Rental terms

Minimum term
12 months

More

Cross street
York Street and Wellington St West

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Union Subway3 min walk
  • 🚇 St. Andrew Subway4 min walk
  • 🚆 Toronto Union Station GO4 min walk

Within a 10-minute walk: 22 grocery stores, 407 cafés and restaurants, 31 parks, 20 pharmacies. Nearest grocery: McEwan (200 m). Nearest park: The Pasture (200 m).

Schools nearby

Elementary

  • Downtown Alternative School16 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%
    17 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    17 min walk
  • Saint Michael's Choir School Catholic18 min walk

Secondary

  • Contact Alternative School17 min walk
  • Oasis Alternative Secondary School1.2 km
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    1.4 km

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 M5J

Owners / renters
43% / 57%
Median household income
$94,000
Average age
39
Children under 15
6%
Homes
2% detached, 97% high-rise
Commute by transit
22%
Population
16,879

Languages spoken most at home besides English: Mandarin 4.7%, Hindi 1.6%, Yue (Cantonese) 1.6%, Spanish 1.4%.

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 20 active

  • 1 FRONT ST W · 400 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a 2 tower mixed-use building (45 and 49 storeys) atop the historic Dominion Public Building. There are no…
    Application details
  • 56 YONGE ST · 450 m
    Site Plan · Under Review · applied 2025
    Proposed redevelopment of the 12-storey office building at 60 Yonge Street with a 65-storey mixed-use building that includes a 5-storey base building, topped…
    Application details
  • 145 WELLINGTON ST W · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2024
    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for a proposal to amend By-law 1015-2022, the proposed 65-storey residential…
    Application details
  • 22 FRONT ST W · 350 m
    Site Plan · OMB Appeal · applied 2023
    Site Plan application for a 40-storey mixed-use building that would integrate the existing designated heritage building into the base of the tower and would…
    Application details
  • 22 FRONT ST W · 350 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2023
    Official Plan and Zoning By-law Amendment application for 52-storey mixed-use building that would integrate the existing designated heritage building into the…
    Application details
  • 49 YONGE ST · 500 m
    Site Plan · Under Review · applied 2022
    Site Plan application to permit a 60-storey mixed-use building with 1,757 square metres of non-residential gross floor area on the first five storeys and 256…
    Application details

18 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

Coming transit

  • 🚧 Osgoode 650 m
  • 🚧 Queen 750 m
  • 🚧 Chinatown 1.2 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway450 m
  • 🚆 Rail line (Union Station Rail Corridor)150 m

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 Protected

This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2006). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

  • Interior Alterations · 2026 · Permit Issued
    PROPOSED INTERIOR ALTERATIONS WITH MECHANICAL AND ELECTRICAL WORK TO SUIT NEW LAYOUT ON FLOOR 14 FOR THE TENANT, CANADA LANDS.
  • Interior Alterations · 2026 · Permit Issued
    PROPOSED INTERIOR ALTERATIONS INCLUDING NEW PARTITIONS AND DOOR ASSEMBLIES
  • Interior Alterations · 2026 · Inspection
    Proposed interior alterations, including electrical work to suit new layout on floor 14.
  • Interior Alterations · 2026 · Inspection
    Proposal for interior alterations including new partitions and door assemblies.
  • Interior Alterations · 2026 · Inspection
    INTERIOR ALTERATIONS INCLUDING NEW PARTITIONS AND DOOR ASSEMBLIES

84 permits on this block of the street in the last 2 years, including 3 new homes.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

28 City street trees within 100 m, mostly honeys. That’s fewer 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 AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP.

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

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