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Inactive

$7,495

54 1/2 ST PATRICK St

Toronto C01, ON M5T 1V1

54 1/2 ST PATRICK St, Toronto C01 — Listed at $7,495 Office. MLS® C12909320.

Office
$24,660Taxes/yr · 2025
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Description

A rare feature for a downtown property, the building also includes a private backyard space, offering a unique outdoor area for staff use or informal meetings. Offered at $7,995 net monthly (approximately $46 psf annually based on above-grade area). Rare opportunity to lease an entire free-standing commercial building in the heart of downtown Toronto, just steps from University Avenue, Queen Street West, OCAD University, major hospitals and the Financial District. The property offers multiple levels of character office space with a flexible layout suited to a variety of professional, creative, studio or service-based uses. Well distributed across three above-grade levels, the building provides a practical mix of private offices and open work areas, allowing for flexible team configurations. A rare feature for a downtown property, the building also includes a private backyard space, offering a unique outdoor area for staff use or informal meetings. Additional lower-level space provides flexibility for storage, breakout areas or supplementary workspace. Recently updated exterior and modernized interior spaces provide a distinctive alternative to traditional office buildings. Excellent downtown accessibility with TTC nearby and a convenient Green P municipal parking lot located directly across the street. A unique opportunity for a business seeking a private standalone workspace in one of Toronto's most vibrant downtown neighbourhoods.

Property Details

Property TypeOffice
CommunityKensington-Chinatown
Lot Dimensions13.5 × 120 ft
Dir/Cross StQueen St W & University Ave
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2025)$24,660
SecurityYes
Listed Date3/23/2026
Days on Market234 days
PossessionFLEXIBLE

Business Details

Property Sub-TypeOffice
Property UseOffice
Occupant TypeTenant
Showing RequirementsGo Direct
Possession Type30-59 days
Listing Expires7/6/2026

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

MLS® #C12909320

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 Kensington-Chinatown 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
View full Toronto neighbourhood guide →