555 Davenport Rd is an office in Toronto, listed for $27,000,000.
1Freestanding 65,360 sf building spanning four levels.
2The Property has approximately 20 on-site parking spaces, one elevator, one drive-in door, and is located on a prominent corner across from Casa Loma.
3The building was previously utilized for an institutional use as the George Brown Dental School.
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Commercial Property in Toronto
About 555 Davenport Road
Freestanding 65,360 sf building spanning four levels. Average floor plate size of 16,300 sf. Ideal user and/or investor opportunity. The Property has approximately 20 on-site parking spaces, one elevator, one drive-in door, and is located on a prominent corner across from Casa Loma. The building was previously utilized for an institutional use as the George Brown Dental School. The current buildout of the building consists of classrooms, meeting rooms, offices, large board rooms, washrooms, loading area, reception area, and three double ceiling height rooms on the main floor. The building is currently leased short-term by an entertainment company for storage and workshop uses. Vacant possession can be provided or assumption of the current tenant with flexibility to terminate to gain possession. The building can be repositioned for office, educational, medical, and other uses subject to review of zoning. The Property is situated in Toronto's prestigious Casa Loma neighborhood, offering an exceptionally central location with convenient access to Downtown and the City's affluent residential districts, including Rosedale, Summerhill, and Forest Hill. Transit connectivity is anchored by Dupont Station on Line 1 (Yonge-University), located approximately 350 metres from the Property, providing access to Bloor-Yonge, the Bloor-Danforth Line, Union Station, and the Financial District. The Vendor has enhanced the Property by advancing and securing key planning approvals that reposition the Property for future redevelopment. Approvals have been obtained for a 10-storey mixed-use development with 168 residential units over 139,952 square feet. For an owner-occupier and/or investor, these approvals provide the ability to utilize the existing building today while holding a clearly defined, value-enhancing entitlement framework that can be leveraged over time as needs evolve and market conditions change.
Toronto office priced at $27,000,000 — book a tour to see if it fits your search.
Inside 555 Davenport Rd
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
0.56
Listing & possession
Property class
Office
555 Davenport Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12793378$27,000,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 555 Davenport Rd 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 555 Davenport Rd. 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 ratio5121.8%On average, homes sold at or above asking.
Active listings12,629Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
555 Davenport Rd is listed at $27,000,000 (MLS® C12793378). Summitly updates the price as soon as the MLS® record changes.
Has the price of 555 Davenport Rd changed?
No — 555 Davenport Rd is still listed at its original asking price of $27,000,000.
How many bedrooms and bathrooms does 555 Davenport Rd have?
The listing for 555 Davenport Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 555 Davenport Rd close to transit?
The nearest rapid-transit station is Dupont Station (Line 1), about 320 m (about a 4-minute walk) in a straight line. Spadina Station is about 1000 m (about a 12-minute walk), and St. Clair West Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 555 Davenport Rd compare with other homes in Toronto?
Its asking price of $27,000,000 is about 3107% above the median sold price in Toronto over the last 90 days, $842,000, across 9,257 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 555 Davenport Rd been sold before?
Summitly has no earlier MLS® sale or lease of 555 Davenport Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 555 Davenport Rd?
555 Davenport Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 555 Davenport Rd been on the market?
259 days — 555 Davenport Rd was listed on February 17, 2026.
What is the land transfer tax on 555 Davenport Rd?
About $2,503,450 at the asking price of $27,000,000: $661,475 Ontario land transfer tax plus $1,841,975 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 555 Davenport Rd 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 555 Davenport Rd?
The listing for 555 Davenport Rd 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 555 Davenport Rd built?
The listing for 555 Davenport Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
