40 St. Mary Street
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.
| Monthly Mortgage (P&I) | $0 |
| Property Tax (MLS) | $1 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $1 |
Down payment: $0 (20.0%) · Mortgage: $1
Property tax uses MLS annual tax of $18/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Elev’n Residences Condos
Red Bricks Data1121 Bay Street
Maint. Fees
0.00
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: August 23, 2026 at 12:26 p.m.