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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Mark Savel. All rights reserved.

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MLS# C12978960Bay Street Corridor, Toronto · M4Y 2S8
For LeaseOffice

40 St. Mary Street

$1/mo
1,457 sqft$0.00/sq ft14d on market
MLS# C12978960Bay Street Corridor, Toronto · M4Y 2S8
For LeaseOffice

40 St. Mary Street

$1/mo

14 days on market

Bedrooms
—
Size
1,457 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Sign in to see the full listing history.
Apr 09, 2026(14d ago)·14 DOM
$1
Active
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
C12978960Current
Jan 01, 2024
$000,000Terminated

(Sign-in required)

About This Listing

Well-appointed sub-lease opportunity in a prime Bay & Bloor location. Approximately 1,457 square feet, thoughtfully fitted out as a turnkey office environment. The space features a professional reception area, boardroom, kitchenette, and six built-in office stalls/workstations, offering an efficient layout suitable for a variety of professional uses. Ideal for firms seeking a prestigious downtown address with minimal upfront build-out costs. Ample underground paid parking is available on-site at a monthly rate. Excellent access to transit, amenities, and the vibrant Bay-Bloor business district. Lease rate $35.00 per square foot net with $1.00 increases annually for the duration of the term.

Property Details

MLS NumberC12978960
Property TypeOffice
StyleOffice
Listing TypeFor Lease
StatusActive
Size1,457 sq ft
Parking TypeUnderground
Property Tax$17.65/yr
Days on Market14
Listed2026-04-09
CommunityBay Street Corridor
MunicipalityToronto
Cross StreetBay & Bloor

Location & nearby

│
100
Walk
100
Transit

40 St. Mary Street

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Jesse Ketchum Junior and Senior Public School

670 m
PublicGrades JK-8
EQAO scoreExcellent
87 / 100

Top 25% of Ontario elementary schools

Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R82%▼ 3.0W91%▲ 2.0M82%▲ 23.0
Grade 6R96%▲ 7.0W100%▲ 11.0M71%

R = Reading · W = Writing · M = Math · arrows show 3-year change

535 students9% Special Ed0% Gifted

Church Street Junior Public School

850 m
PublicGrades JK-6
EQAO scoreStrong
73 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R81%W69%▼ 14.0M70%
Grade 6R84%W87%▲ 12.045%

Collège français élémentaire

1.0 km
FrenchGrades 7-8·Français
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

R = Reading · W = Writing · M = Math · arrows show 3-year change

75 students20% Special Ed0% Gifted

Secondary

3 schools

St Joseph's College School

392 m
CatholicGrades 9-12
EQAO scoreStrong
77 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math66%▲ 7.0
OSSLT literacy pass rate87%▼ 5.0

Arrows show 3-year change

545 students14% Special Ed

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

Transit access

Nearest rapid transit and bus stops

M
Nearest subway
Bay Station - Eastbound Platform
316 m · every 3 min at peak
2
S
Nearest streetcar
Wellesley St West at Bay St
370 m · every 5 min at peak
1930650694

Nearby amenities

620 within a 10-min walk · 1663 within 20 min · click a card to see the closest ones

Daily essentials

🏪
Convenience
29within 800 m
+49more by 1.6 km
10 within a 5-min walk
  • INS Market106 m
  • Bez Bazaar185 m
  • 7-Eleven202 m
🏦

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Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 22, 2026 at 03:43 a.m.

M
▲ 9.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

485 students5% Special Ed0% Gifted
3% Gifted

Native Learning Centre

829 m
PublicGrades 9-12
EQAO data not available

Jarvis Collegiate Institute

922 m
PublicGrades 9-12
EQAO scoreAverage
57 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math34%▲ 19.0
OSSLT literacy pass rate80%▼ 3.0

Arrows show 3-year change

610 students14% Special Ed0% Gifted

Bus stops within 800 m

5 stops
  • Bay St at Charles St West
    19
    62 m
  • Bay St at Charles St West South Side
    19
    70 m
  • Bay St at St Joseph St North Side
    19
    184 m
  • Yonge St at Charles St West
    32097
    195 m
  • Yonge St at Charles St East
    32097
    197 m

Source: TTC GTFS · straight-line distances · routes shown are short names

Bank / ATM
21within 800 m
+39more by 1.6 km
8 within a 5-min walk
  • BMO176 m
  • BMO195 m
  • BMO231 m
🛒
Grocery
20within 800 m
+44more by 1.6 km
12 within a 5-min walk
  • Rabba67 m
  • Citymarket119 m
  • Cheese Bakery184 m
💊
Pharmacy
20within 800 m
+36more by 1.6 km
7 within a 5-min walk
  • Shoppers Drug Mart177 m
  • Pace Pharmacy238 m
  • Trade Secrets287 m
📮
Post
4within 800 m
+5more by 1.6 km
2 within a 5-min walk
  • Canada Post198 m
  • The UPS Store393 m
  • Hudson Bay Centre Canada Post476 m

Food & drink

🍽️
Restaurants
239within 800 m
+495more by 1.6 km
101 within a 5-min walk
  • Sushi on bay21 m
  • Sushi Umi54 m
  • Sushi Club57 m
☕
Coffee
78within 800 m
+132more by 1.6 km
42 within a 5-min walk
  • Starbucks63 m
  • Aroma Espresso Bar76 m
  • Elizabeth Kay106 m
🍺
Bars & pubs
21within 800 m
+22more by 1.6 km
5 within a 5-min walk
  • The Foxes Den81 m
  • Firkin on Bay Street84 m
  • The Artful Dodger226 m

Recreation

🎭
Entertainment
17within 800 m
+16more by 1.6 km
2 within a 5-min walk
  • Cineplex Cinemas Varsity and VIP144 m
  • Cineplex Cinemas Varsity and VIP220 m
  • Izzy Gallery402 m
🏋️
Fitness
17within 800 m
+13more by 1.6 km
8 within a 5-min walk
  • IAM Yoga Pilates190 m
  • Hone Fitness235 m
  • GoodLife Fitness280 m
🏛️
Community
9within 800 m
+26more by 1.6 km
1 within a 5-min walk
  • St. Nicholas Housing Co-operative115 m
  • St. Andrew's United Church421 m
  • Toronto Islamic Centre (TIC) & Community Services538 m
📚
Libraries
6within 800 m
+14more by 1.6 km
2 within a 5-min walk
  • The ArQuives337 m
  • Emmanuel College Library - Victoria University391 m
  • Regis College Library452 m
🌳
Parks
3within 800 m
+2more by 1.6 km
3 within a 5-min walk
  • James Canning Gardens295 m

Services & shops

🛍️
Shops
88within 800 m
+62more by 1.6 km
49 within a 5-min walk
  • Ron White107 m
  • De Catarina175 m
  • Bonny209 m
🏥
Healthcare
45within 800 m
+71more by 1.6 km
13 within a 5-min walk
  • Sunny Dental Clinic27 m
  • The Health Clinic/The Beauty Clinic159 m
  • Jenny Craig166 m
🧸
Daycare
2within 800 m
+10more by 1.6 km
  • Queen's Park Child Care Centre543 m
  • Kids & Company611 m
  • Wellesley Early Learning Centre1.1 km
⛽
Gas / EV
1within 800 m
+7more by 1.6 km
  • Canadian Tire601 m
  • Petro-Canada827 m
  • Shell1.3 km

© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance