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39 Spadina Road

39 Spadina Road

Toronto C02, ON

8,368 sqft • Office • 494 days on market

$5,599,000

Rare opportunity to acquire a rarely available three-story, renovated, 8,368 SF commercial building in the heart of Toronto's prestigious Annex neighbourhood. Currently improved for a school use and occupied by a Montessori school, the property can be delivered vacant on closing or with a short-term leaseback, offering flexibility for investors or end-users. The building is fully accessible, featuring a new elevator, and offers the ideal blend of classic heritage character with a modern rear addition delivering charm, functionality, and contemporary infrastructure in one package. Interior improvements include multiple classrooms/offices, administrative areas, and washrooms. Strategically located steps from Spadina Station and just north of Bloor Street, the site benefits from excellent transit connectivity and sits within one of Toronto's most walkable, amenity-rich neighbourhoods. It is a great fit for professional services, law firms, tech companies, school uses, etc.

Listing Details

Taxes (2024)
$77,082
Originally Listed
$1
Listed
April 22, 2025

Price History

Listing history

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Property

Lot Size
29.33 x 130 Feet

Location & Legal

Cross Street
Bloor Street W & Spadina Ave
Zoning
CR 2.0 (c2.0; r2.0) SS2 (x2394)
Parcel Number
212120002
Possession
Flexible

Commercial

Occupancy
Tenant
Office / Apartment Area
8368 Sq Ft

Community

Postal area M5R

Population
26,197
Private dwellings
16,591
Median age
42
Average household size
1.8
Median household income
$86,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C02 · last 12 months

Median sold price
$1,243,500
Homes sold
730
Median days on market
25
Sale-to-list price
97.1%

Based on 730 recorded sales of commercial properties in Toronto C02 over the last 12 months.

Listed by

LENNARD COMMERCIAL REALTY

Location

Street View

Commercial figures

Building area
8,368 sq ft
Price per sq ft
$669.10
Annual property tax
$77,082
Tax per sq ft
$9.21

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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