555 Davenport Road
Toronto C02, ON
- 65,360 sqft
- Office
- 205 days on market
Freestanding 65,360 sf building spanning four levels. Average floor plate size of 16,300 sf. Ideal user and/or investor opportunity. The Property has approximately 20 on-site parking spaces, one elevator, one drive-in door, and is located on a prominent corner across from Casa Loma. The building was previously utilized for an institutional use as the George Brown Dental School. The current buildout of the building consists of classrooms, meeting rooms, offices, large board rooms, washrooms, loading area, reception area, and three double ceiling height rooms on the main floor. The building is currently leased short-term by an entertainment company for storage and workshop uses. Vacant possession can be provided or assumption of the current tenant with flexibility to terminate to gain possession. The building can be repositioned for office, educational, medical, and other uses subject to review of zoning. The Property is situated in Toronto's prestigious Casa Loma neighborhood, offering an exceptionally central location with convenient access to Downtown and the City's affluent residential districts, including Rosedale, Summerhill, and Forest Hill. Transit connectivity is anchored by Dupont Station on Line 1 (Yonge-University), located approximately 350 metres from the Property, providing access to Bloor-Yonge, the Bloor-Danforth Line, Union Station, and the Financial District. The Vendor has enhanced the Property by advancing and securing key planning approvals that reposition the Property for future redevelopment. Approvals have been obtained for a 10-storey mixed-use development with 168 residential units over 139,952 square feet. For an owner-occupier and/or investor, these approvals provide the ability to utilize the existing building today while holding a clearly defined, value-enhancing entitlement framework that can be leveraged over time as needs evolve and market conditions change.
Listing Details
- Taxes (2025)
- $102,381
- Listed
- February 17, 2026
Price History
Listing history
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Property
- Lot Size
- 128.37 x 189.49 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Davenport Road & Spadina Road
- Zoning
- R3 Z2.0, RA (226)
- Parcel Number
- 212260211
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 65360 Sq Ft Divisible
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
- $1,250,000
- Homes sold
- 729
- Median days on market
- 25
- Sale-to-list price
- 97.1%
Based on 729 recorded sales of commercial properties in Toronto C02 over the last 12 months.
Listed by
CUSHMAN & WAKEFIELD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 65,360 sq ft
- Price per sq ft
- $413.10
- Annual property tax
- $102,381
- Tax per sq ft
- $1.57
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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