49-51 Gloucester Street, Toronto C08, ON M4Y 1L8, Toronto C08, ON
8542.0 sqft
49 Gloucester Street offers a rare opportunity to acquire a character-rich property steps from Yonge Street and minutes to Bloor. This 8,542 SF multi-level building combines timeless architectural details with modern upgrades, featuring exposed brick, abundant natural light, spacious meeting areas, and an iconic street presence. Currently configured for office use and easily divisible into three full-floor units, the property presents excellent flexibility for continued office use, residential conversion, or mixed-use redevelopment (buyer to verify zoning and permitted uses). The efficient layout maximizes usable space across three storeys and includes 7 on-site parking spaces.
Property Highlights
For Sale
MLS NO.
C12820094
Type
Commercial
Sub Type
Office
Square Footage
8542.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Office
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12820094
Security Features
No
Lot Width
42.0
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
49-51 Gloucester Street, Toronto C08, ON M4Y 1L8
City
Toronto C08
Neighbourhood
Church-Yonge Corridor
County / Region
Toronto
Province / State
ON
Postal Code
M4Y 1L8
Cross Street
Yonge And Wellesley/Bloor
Directions
Yonge And Wellesley/Bloor
Country
CA
List Price
$6,750,000
Annual Taxes
$62,976
Tax Year
2025
Possession Type
Immediate
Listing Office
ENCOR ADVISORS CANADA LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-25T19:01:29Z
Media Updated
2026-02-26T21:08:25Z
Photos Updated
2026-02-25T19:01:29Z
Last Modified
2026-02-26T21:08:25Z
System Modified
2026-02-26T21:08:25.0776Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
ENCOR ADVISORS CANADA LTD.
Ddfyn
No
Expiration Date
2027-02-02
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Public Remarks
49 Gloucester Street offers a rare opportunity to acquire a character-rich property steps from Yonge Street and minutes to Bloor. This 8,542 SF multi-level building combines timeless architectural details with modern upgrades, featuring exposed brick, abundant natural light, spacious meeting areas, and an iconic street presence. Currently configured for office use and easily divisible into three full-floor units, the property presents excellent flexibility for continued office use, residential conversion, or mixed-use redevelopment (buyer to verify zoning and permitted uses). The efficient layout maximizes usable space across three storeys and includes 7 on-site parking spaces.
