31 ELM STREET - Photo 1 of 40, Toronto (Bay Street Corridor), Ontario
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$6,999,000

31 ELM STREET — Toronto (Bay Street Corridor), Ontario

M5G1H1

6,400Sq Ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

About This Property

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. (id:63357)

Property Details

Property Type
Commercial
Living Area
6,400 sqft
Status
Active

Location & Neighborhood

What's nearby 31 ELM STREET

Lifestyle Summary

** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

🏘️Neighborhood Vibe

** Situated in the vibrant Bay Street Corridor, 31 Elm Street offers a dynamic urban lifestyle infused with a blend of cultural diversity and modern amenities. The area is characterized by its bustling streets, friendly atmosphere, and a strong sense of community, making it an ideal place for those who appreciate city living. Residents enjoy easy access to various services and conveniences, creating a lifestyle that balances activity with comfort. **COMMUTER_SUMMARY:** With multiple nearby bus stops, including Gerrard Street and College Street, commuting throughout Toronto is a breeze for residents of this property. The excellent transit options ensure quick access to downtown offices, local attractions, and beyond, making it perfect for both professionals and students. This connectivity means you can spend less time traveling and more time enjoying everything the city has to offer. **FAMILY_SUMMARY:** Families will find a wealth of educational opportunities in the Bay Street Corridor, with several reputable elementary schools such as Contact Alternative School and Orde Street Public School located nearby. The neighborhood also offers a family-friendly environment, with numerous parks and recreational spaces for children to play and explore. Engaging activities and a supportive community atmosphere create a nurturing space for families to thrive. **DINING_ENTERTAINMENT:** The area boasts a delightful variety of dining options, from casual eateries like Sunset Grill to the well-known seafood chain Red Lobster, ensuring there's something to satisfy every palate. Residents can also enjoy local grocery stores, such as Metro and Petra Ave Market, providing convenience for everyday needs. With a lively atmosphere and diverse culinary scene, the Bay Street Corridor offers a vibrant social life just steps from your front door. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of green spaces, with several parks including College Park and Trinity Square providing serene escapes from the urban hustle. These parks offer ample opportunities for relaxation, picnics, and recreational activities like jogging and walking. The proximity to well-maintained outdoor spaces encourages an active lifestyle while allowing families and friends to connect with nature. **OVERALL_LIFESTYLE:** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

🚗Commuting

** With multiple nearby bus stops, including Gerrard Street and College Street, commuting throughout Toronto is a breeze for residents of this property. The excellent transit options ensure quick access to downtown offices, local attractions, and beyond, making it perfect for both professionals and students. This connectivity means you can spend less time traveling and more time enjoying everything the city has to offer. **FAMILY_SUMMARY:** Families will find a wealth of educational opportunities in the Bay Street Corridor, with several reputable elementary schools such as Contact Alternative School and Orde Street Public School located nearby. The neighborhood also offers a family-friendly environment, with numerous parks and recreational spaces for children to play and explore. Engaging activities and a supportive community atmosphere create a nurturing space for families to thrive. **DINING_ENTERTAINMENT:** The area boasts a delightful variety of dining options, from casual eateries like Sunset Grill to the well-known seafood chain Red Lobster, ensuring there's something to satisfy every palate. Residents can also enjoy local grocery stores, such as Metro and Petra Ave Market, providing convenience for everyday needs. With a lively atmosphere and diverse culinary scene, the Bay Street Corridor offers a vibrant social life just steps from your front door. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of green spaces, with several parks including College Park and Trinity Square providing serene escapes from the urban hustle. These parks offer ample opportunities for relaxation, picnics, and recreational activities like jogging and walking. The proximity to well-maintained outdoor spaces encourages an active lifestyle while allowing families and friends to connect with nature. **OVERALL_LIFESTYLE:** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

👨‍👩‍👧‍👦Family Living

** Families will find a wealth of educational opportunities in the Bay Street Corridor, with several reputable elementary schools such as Contact Alternative School and Orde Street Public School located nearby. The neighborhood also offers a family-friendly environment, with numerous parks and recreational spaces for children to play and explore. Engaging activities and a supportive community atmosphere create a nurturing space for families to thrive. **DINING_ENTERTAINMENT:** The area boasts a delightful variety of dining options, from casual eateries like Sunset Grill to the well-known seafood chain Red Lobster, ensuring there's something to satisfy every palate. Residents can also enjoy local grocery stores, such as Metro and Petra Ave Market, providing convenience for everyday needs. With a lively atmosphere and diverse culinary scene, the Bay Street Corridor offers a vibrant social life just steps from your front door. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of green spaces, with several parks including College Park and Trinity Square providing serene escapes from the urban hustle. These parks offer ample opportunities for relaxation, picnics, and recreational activities like jogging and walking. The proximity to well-maintained outdoor spaces encourages an active lifestyle while allowing families and friends to connect with nature. **OVERALL_LIFESTYLE:** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

🍽️Dining & Entertainment

** The area boasts a delightful variety of dining options, from casual eateries like Sunset Grill to the well-known seafood chain Red Lobster, ensuring there's something to satisfy every palate. Residents can also enjoy local grocery stores, such as Metro and Petra Ave Market, providing convenience for everyday needs. With a lively atmosphere and diverse culinary scene, the Bay Street Corridor offers a vibrant social life just steps from your front door. **OUTDOOR_RECREATION:** Nature enthusiasts will appreciate the abundance of green spaces, with several parks including College Park and Trinity Square providing serene escapes from the urban hustle. These parks offer ample opportunities for relaxation, picnics, and recreational activities like jogging and walking. The proximity to well-maintained outdoor spaces encourages an active lifestyle while allowing families and friends to connect with nature. **OVERALL_LIFESTYLE:** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

🌳Outdoor Recreation

** Nature enthusiasts will appreciate the abundance of green spaces, with several parks including College Park and Trinity Square providing serene escapes from the urban hustle. These parks offer ample opportunities for relaxation, picnics, and recreational activities like jogging and walking. The proximity to well-maintained outdoor spaces encourages an active lifestyle while allowing families and friends to connect with nature. **OVERALL_LIFESTYLE:** Living at 31 Elm Street means embracing a vibrant urban lifestyle where convenience meets community. The Bay Street Corridor is not just about living in the heart of the city; it’s about enjoying a rich tapestry of experiences, from diverse dining options to accessible public transit. With a strong emphasis on family-friendly amenities and outdoor recreation, this neighborhood strikes the perfect balance between excitement and tranquility, making it an ideal place to call home. Whether you’re a young professional or a growing family, this area offers the perfect backdrop for life’s adventures.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

POI data updated recently

Toronto (Bay Street Corridor) Market Snapshot

175

Active Listings

$699K

Median Price

0

Avg Days on Market

Last updated: Dec 11, 2025

Listed by

SOTHEBY'S INTERNATIONAL REALTY CANADA

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$6,999,000