Skip to content
1 / 10
For saleMLS® C13614320

34 Madison Avenue, Toronto, ON M5R 2S1

Annex · C02 · M5R 2S1

$8,500,000

$1,056 / sq ft

3 months on market

Bathrooms
7
Total area
8,048 sf
Lot
50 × 127 ft
Age
100+ years

What's special

  • Outside/surface garage
  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

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 price

Free. 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.

$324KMedian $695K$4.38M
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

Down payment20.0% · minimum $1,700,000
$1,700,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$8,500,000

Contact Book a viewing

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 prices

Free. Takes about twenty seconds.