54 1/2 ST PATRICK Street

ActiveDowntown Toronto / Waterfront136 days on marketMLS® C12909320
$7,495/mo
$3 / sq ft
Bedrooms0
Bathrooms0
Interior2,799 sq ft
TypeCommercial
ListingFor Lease
Days on Market136

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberC12909320
StatusActive
Listing TypeFor Lease
Property TypeCommercial
Interior Size2,799 sq ft
Beds / Baths0 bed · 0 bath
CityDowntown Toronto / Waterfront
Postal CodeM5T 1V1
ProvinceON
Listed DateMarch 23, 2026
Days on Market136
Price per Sq Ft$3
BrokerageROYAL LEPAGE REAL ESTATE SERVICES LTD.

Location

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.