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$1

40 St. Mary St

Toronto C01, ON M4Y 2S8

40 St. Mary St, Toronto C01 — Listed at $1 Office. MLS® C12978960.

Move-in

Immediate

Office
$17.65Taxes/yr · 2026

Description

Well-appointed sub-lease opportunity in a prime Bay & Bloor location. Approximately 1,457 square feet, thoughtfully fitted out as a turnkey office environment. The space features a professional reception area, boardroom, kitchenette, and six built-in office stalls/workstations, offering an efficient layout suitable for a variety of professional uses. Ideal for firms seeking a prestigious downtown address with minimal upfront build-out costs. Ample underground paid parking is available on-site at a monthly rate. Excellent access to transit, amenities, and the vibrant Bay-Bloor business district. Lease rate $35.00 per square foot net with $1.00 increases annually for the duration of the term.

Property Details

Property TypeOffice
CommunityBay Street Corridor
Dir/Cross StBay & Bloor
Garage TypeUnderground
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2026)$17.65
SecurityYes
Listed Date4/9/2026
Days on Market168 days
PossessionImmediate

Business Details

Property Sub-TypeOffice
Property UseOffice
Occupant TypeTenant
Showing RequirementsList Salesperson
Possession TypeImmediate
Listing Expires10/15/2026
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

MLS® #C12978960

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Office is located in the Bay Street Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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