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54 1/2 St Patrick Street

Kensington-Chinatown / Toronto C01, ON M5T 1V1

ActiveFor Rent
0 Beds
2 Baths
2,799 Sq Ft
Commercial
Virtual Tour Available

About This Property

Rare opportunity to lease Toronto's well-known "Half House," a distinctive free-standing commercial building in the heart of downtown Toronto, just north of Queen Street West near University Avenue. This unique character property offers a memorable alternative to traditional office space, with approximately 2,058 sq ft above grade plus additional lower-level space.Well distributed across three above-grade levels, the building provides a practical mix of private offices and open work areas, allowing for flexible team configurations. The layout is well suited to professional, creative, studio, wellness, or service-based uses. A rare feature for a downtown property, the building also includes a private backyard space, offering a unique outdoor area for staff use or informal meetings. Additional lower-level space provides flexibility for storage, breakout areas, or supplementary workspace. Excellent downtown accessibility with TTC nearby and a convenient Green P municipal parking lot located directly across the street. Offered at $6,995 net monthly, approximately $41 psf annually based on above-grade area. A unique opportunity for a business seeking a private stand alone workspace with history, identity, and character in one of Toronto's most vibrant downtown neighbourhoods.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Rent
Interior Size2,799 sq ft
Bedrooms0
Bathrooms2
Postal CodeM5T 1V1
Last UpdatedAug 8, 2026 · 7:19 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C13220582

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$6,495

per month

MLS®C13220582
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$32

/month · $5,196 mortgage

Down Payment20% — $1,299
Interest Rate5.5%

Amortization

Total Interest

$4,319

Total Cost

$9,515

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE REAL ESTATE SERVICES LTD.