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For saleMLS® C13570792

185 Davenport Road, Toronto, ON M5R 1J1

Annex · C02 · M5R 1J1

$10,000,000

$2,500 / sq ft

3 months on market

Total area
4,000 sf
Lot
130.08 × 123 ft
Age
6-15 years

What's special

  • Underground parking
  • Yes

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About this property

Rarely does a retail opportunity of this calibre come to market. Nestled at the base of the prestigious Davenport Residences at 181 Davenport Road, Toronto, is a 12-storey, 68-unit boutique condominium in one of Toronto's most coveted neighbourhoods. This 4,000 SF ground-floor showroom is a masterclass in design and functionality. Originally built in 2017 and subsequently transformed through an extraordinary $2,500,000 interior renovation, the space has been meticulously curated to the highest commercial standards. This unit is offered freehold, with no condo fees, a rare and significant advantage for an asset of this profile in this location. The sale includes 4 parking spaces and 2 storage lockers, adding valuable convenience and flexibility for an owner-user, tenant, or investor alike. This is one of Toronto's finest boutique retail offerings, a meticulously finished, move-in-ready space in a location that commands attention. Whether you are an owner-user seeking a flagship address, an investor acquiring a premier income-producing freehold asset, or a tenant looking for an elevated home for your brand, 181 Davenport delivers on every front. Available for immediate possession.

Property details

Property

Property type
retail
Interior size
4,000 sq ft
Year built
6-15
Lot size
130.08 × 123 ft
Zoning
Commercial/ Retail
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Underground
Sewer
Sanitary+Storm Available

Costs

List price
$10,000,000
Property taxes
$45,124 / year (2025)
Price per sq ft
$2,500

Listing

MLS® number
C13570792
Status
For sale
Listed
July 16, 2026
Days on market
112
Last updated
July 16, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

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 100% of comparable retail listings in Annex are asking less.

$570KMedian $2.40M$5.10M
This home
$2,500 / sq ft
Comparable median
$1,108 / sq ft

Based on 16 comparable active retail listings in Annex. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $2,000,000
$2,000,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$44,233.37
Property tax (est.)
$3,760.32
Estimated monthly
$47,994

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
$236,475
Toronto municipal
$416,475
Total due on closing
$652,950

An estimate on the asking price of $10,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. 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.

$10,000,000

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