49-51 Gloucester Street, Toronto, ON M4Y 1L8
Church-Yonge Corridor · C08 · M4Y 1L8
$6,750,000
$790 / sq ft8 months on market
- Total area
- 8,542 sf
- Lot
- 42 × 101 ft
- Age
- 100+ years
What's special
- Yes
About this property
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 details
Property
- Property type
- office
- Interior size
- 8,542 sq ft
- Year built
- 100+
- Lot size
- 42 × 101 ft
- Zoning
- R(d1*874)
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Sewer
- Sanitary+Storm
Costs
- List price
- $6,750,000
- Property taxes
- $62,976 / year (2025)
- Price per sq ft
- $790
Listing
- MLS® number
- C12820094
- Status
- For sale
- Listed
- February 25, 2026
- Days on market
- 252
- Last updated
- July 29, 2026
- Listing brokerage
- ENCOR ADVISORS CANADA LTD.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 95% of comparable office listings in Toronto are asking less.
- This home
- $790 / sq ft
- Comparable median
- $621 / sq ft
Based on 96 comparable active office listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $29,857.53
- Property tax (est.)
- $5,248.01
- Estimated monthly
- $35,106
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $155,225
- Toronto municipal
- $237,725
- Total due on closing
- $392,950
An estimate on the asking price of $6,750,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ENCOR ADVISORS CANADA LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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