$6,999,000
FOR SALE

Office

Lot: 22.53 x 104.77 ft
2024 Taxes: $23,254

31 Elm St
Toronto, ON M5G 1H1 | Bay Street Corridor

Exceptional investment opportunity in the heart of downtown Toronto! This rare, fully renovated, freestanding 3-storey building is situated steps from Yonge and Dundas Square, offering unparalleled proximity to major landmarks such as SickKids Hospital, City Hall, and the bustling Yonge-Dundas entertainment district. Featuring 6,400 square feet across four levels, this versatile property is zoned CR for commercial, retail, and residential uses, making it ideal for restaurants, schools, medical offices, or mixed-use operations. The main floor and basement are leased to a reputable tenant, while the top two floors, totaling 3,200square feet, are vacant and ready for immediate use with newly built office suites. Highlights include first-class renovations, heritage facade with original stained-glass windows, 4 parking spaces, high ceilings, and skylights on the upper floor. exceptional location, this property is a rare find in Toronto's most dynamic district.
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Listed By SOTHEBY'S INTERNATIONAL REALTY CANADA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12627794
Last Updated Dec 18, 2025
Property Summary
Property Type Office

More like this:
Use Professional Office
Legal Description LT 11 PL D36 TORONTO; PT LT 12 PL D36 TORONTO AS I
Possession Date Flexible
Taxes (2024) $23,254
Directions/Cross Streets Yonge/Dundas
Neighbourhood Bay Street Corridor
Area Toronto
Price History

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Detailed Information
Freestanding Y
Lot 22.53 x 104.77 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Gas Forced Air Open

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