16 (3rd) - 497 Bloor Street W, Toronto, ON M5S 1Y2
University, Toronto · Near Bloor St · View map
About this home
Third-floor commercial unit on Bloor Street West with direct access from the main road and close proximity to major transit options. The space features three separate rooms, a full bathroom, and an open lounge area suitable for a variety of professional or office uses. Includes a private outdoor balcony overlooking a lower deck patio with seating and lighting. Opportunity for signage along Bloor Street West providing strong street exposure.
The home
- Type
- Commercial retail
- Square footage
- 1400 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Radiant
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $650/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Bloor St
- Neighbourhood
- University
More
- MLS® number
- C12877720
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
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Your commute
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Listing history for 497 Bloor Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 16 (3rd) - 497 Bloor Street W
Answers come straight from this home’s MLS® listing.
How much is 16 (3rd) - 497 Bloor Street W listed for, and what would it cost each month?
16 (3rd) - 497 Bloor Street W is listed for $2,150. With 20% down ($430), the mortgage payment would be roughly $9 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $63 a month, all in. That figure is an illustration, not a quote.
Is 16 (3rd) - 497 Bloor Street W freehold or a condo, and is there a monthly fee?
16 (3rd) - 497 Bloor Street W is a commercial retail in University, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 16 (3rd) - 497 Bloor Street W have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 16 (3rd) - 497 Bloor Street W?
16 (3rd) - 497 Bloor Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 16 (3rd) - 497 Bloor Street W heated and cooled?
Heating is radiant. Cooling is yes.
What are the property taxes for 16 (3rd) - 497 Bloor Street W?
Property taxes are $650 a year (2026), or about $54 a month.
Where is 16 (3rd) - 497 Bloor Street W?
16 (3rd) - 497 Bloor Street W is in the University community of Toronto. The nearest main intersection is Bloor St. The postal code is M5S 1Y2.
Is 16 (3rd) - 497 Bloor Street W still for sale?
Yes. It is an active listing (MLS® C12877720). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 16 (3rd) - 497 Bloor Street W asking?
Similar properties for sale nearby right now include 2 - 3311 Bloor Street W at $2,200, 617A Bloor Street at $2,000 and 206 - 670 Bloor Street W at $2,400. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 497 Bloor Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 16 (3rd) - 497 Bloor Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.