49-51 Gloucester St is an office in Toronto, listed for $6,750,000.
1This 8,542 SF multi-level building combines timeless architectural details with modern upgrades, featuring exposed brick, abundant natural light, spacious meeting areas, and an iconic street presence.
2The efficient layout maximizes usable space across three storeys and includes 7 on-site parking spaces.
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Commercial Property in Toronto
About 49-51 Gloucester Street
49 Gloucester Street offers a rare opportunity to acquire a character-rich property steps from Yonge Street and minutes to Bloor. This 8,542 SF multi-level building combines timeless architectural details with modern upgrades, featuring exposed brick, abundant natural light, spacious meeting areas, and an iconic street presence. Currently configured for office use and easily divisible into three full-floor units, the property presents excellent flexibility for continued office use, residential conversion, or mixed-use redevelopment (buyer to verify zoning and permitted uses). The efficient layout maximizes usable space across three storeys and includes 7 on-site parking spaces.
Toronto office priced at $6,750,000 — book a tour to see if it fits your search.
Inside 49-51 Gloucester St
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Office
49-51 Gloucester St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12820094$6,750,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 49-51 Gloucester St Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 49-51 Gloucester St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5151.3%On average, homes sold at or above asking.
Active listings12,774Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.
Based on 9,203 sales from Aug 7 – Nov 5, 2026 (7,131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
49-51 Gloucester St is listed at $6,750,000 (MLS® C12820094). Summitly updates the price as soon as the MLS® record changes.
Has the price of 49-51 Gloucester St changed?
No — 49-51 Gloucester St is still listed at its original asking price of $6,750,000.
How many bedrooms and bathrooms does 49-51 Gloucester St have?
The listing for 49-51 Gloucester St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 49-51 Gloucester St close to transit?
The nearest rapid-transit station is Wellesley Station (Line 1), about 230 m (about a 3-minute walk) in a straight line. Bloor-Yonge Station is about 490 m (about a 6-minute walk), and Sherbourne Station is about 730 m (about a 9-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 49-51 Gloucester St compare with other homes in Toronto?
Its asking price of $6,750,000 is about 704% above the median sold price in Toronto over the last 90 days, $840,000, across 9,203 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 49-51 Gloucester St been sold before?
Summitly has no earlier MLS® sale or lease of 49-51 Gloucester St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 49-51 Gloucester St?
49-51 Gloucester St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 49-51 Gloucester St been on the market?
253 days — 49-51 Gloucester St was listed on February 25, 2026.
What is the land transfer tax on 49-51 Gloucester St?
About $428,950 at the asking price of $6,750,000: $155,225 Ontario land transfer tax plus $273,725 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 49-51 Gloucester St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 49-51 Gloucester St?
The listing for 49-51 Gloucester St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 49-51 Gloucester St built?
The listing for 49-51 Gloucester St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
