Our Office Listings

R1-2 525 University Avenue
Bay Street Corridor Toronto M5G 2L3

$28 /Sq Ft Net
Commercial

Street View
Photo 1: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 2: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 3: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 4: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 5: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 6: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 7: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Photo 8: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
C12883064
Bus Major:
Medical/Dental
Position your business at the center of one of Canada's most influential healthcare and research corridors. Unit R1-2 offers a rare ground-floor leasing opportunity in Toronto's renowned Discovery District. Located at the base of a 192,771 sq. ft. office tower, this space benefits from lobby access, strong pedestrian traffic, and exceptional visibility within a professionally managed building. The unit has recently undergone a modern appealing renovation, offering open spaces and complete washrooms. Unmatched Healthcare location, this property is steps from some of Canada's most respected hospitals and research institutions, including: Toronto General Hospital, Princess Margaret Cancer Centre, Mount Sinai Hospital, Hospital for Sick Children. The surrounding institutions also include the world-leading innovation hub MaRS Discovery District and the academic strength of the University of Toronto. These institutions generate a constant flow of healthcare professionals, researchers, patients, and visitors, creating strong demand for medical, wellness, and professional services. Ideal Uses include a wide range of medical and service-based users, including: Physiotherapy, Chiropractic, Pilates, rehabilitation studios, Wellness and treatment clinics, Specialized healthcare services, Professional or medical support offices.
Minimum Rental Term:
43
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
2531 sq. ft. Square Feet
Total Area:
2,531 sq. ft.
Office/Apt Area:
2531 sq. ft. Sq Ft
Lot Depth:
1'
Lot Frontage:
1'
Water supply:
Municipal
Zoning:
CR 7.8 - Commercial Residential
Heating type:
Gas Forced Air Closed
Garage:
Underground
Parking Spaces:
1
Assessment Year:
2025
Type Taxes:
TMI
Taxes:
$25.27 / 2025
Assessment:
$- / 2025
Toronto
Toronto C01
Bay Street Corridor
Public Transit
Yes
Do NOT go direct.
Ground-floor location with lobby access, Base of a 192,771 sq. ft. of an exceptionally well managed office tower. Located in Toronto's premier medical corridor, Dense daytime population of healthcare professionals and patients, Prestigious downtown address Flexible interior layout - delivered in move-in condition. Professionally managed building
Public
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
Yes
Major Business Type:
Medical/Dental
Category:
Office
Chattels:
No
Date Listed:
Mar 14, 2026
  • Photo 1: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Street View
  • Photo 2: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Elm St entrance
  • Photo 3: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Building Floor Plan
  • Photo 4: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Local Retailers
  • Photo 5: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Subject Unit Floor Plan
  • Photo 6: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Entrance
  • Photo 7: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Open Area
  • Photo 8: R1-2 525 University Avenue in Toronto: Bay Street Corridor Commercial for lease (Toronto C01)  : MLS®# C12883064
    Open Area
Listed by REAL BROKER ONTARIO LTD.
Data was last updated March 24, 2026 at 06:15 AM (UTC)
Ana Morales
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.