34 Madison Avenue, Toronto, ON M5R 2S1
Annex · C02 · M5R 2S1
$8,500,000
$1,056 / sq ft3 months on market
- Bathrooms
- 7
- Total area
- 8,048 sf
- Lot
- 50 × 127 ft
- Age
- 100+ years
What's special
- Outside/surface garage
- Yes
About this property
Colliers Private Capital Investment Group is pleased to present 34 Madison Avenue, an 8,048 SF purpose-built childcare facility situated in The Annex, one of Toronto's most affluent and highly sought-after neighbourhoods. The Property is leased to a well-established Toronto-based childcare operator on a 10-year initial term, providing a secure and growing income stream with minimal landlord responsibilities. The Property benefits from a 98-child licensed capacity and has undergone a comprehensive renovation, including structural improvements, handicapped washrooms, sprinkler installation, new lighting, electrical and HVAC systems, plumbing upgrades, washroom additions, and the conversion of the former parking area into an outdoor play space. Situated on a 6,340 SF lot with 50 feet of frontage along Madison Avenue, the property is steps from Bloor Street West, the University of Toronto, and Spadina subway station. With a strong demand-supply imbalance, significant barriers to new childcare facility development, a defensive income profile and long-term cash flow with annual escalations, 34 Madison Avenue represents a rare opportunity to acquire a stabilized, single-tenant asset with contractual rental growth in a premier downtown location.
Property details
Property
- Property type
- office
- Bathrooms
- 7
- Interior size
- 8,048 sq ft
- Year built
- 100+
- Lot size
- 50 × 127 ft
- Zoning
- CR1.5 (c1.5;rl*2481), CR2 (c2;r2*2394)
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary+Storm Available
Costs
- List price
- $8,500,000
- Property taxes
- $30,284 / year (2025)
- Price per sq ft
- $1,056
Listing
- MLS® number
- C13614320
- Status
- For sale
- Listed
- July 28, 2026
- Days on market
- 99
- Last updated
- October 21, 2026
- Listing brokerage
- COLLIERS
Price & sale history
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 96% of comparable office listings in Toronto are asking less.
- This home
- $1,056 / 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
- $37,598.37
- Property tax (est.)
- $2,523.70
- Estimated monthly
- $40,122
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
- $198,975
- Toronto municipal
- $333,975
- Total due on closing
- $532,950
An estimate on the asking price of $8,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLLIERS. 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.