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700 University Ave
Toronto, ON M5G 1Z5 Kensington-Chinatown

Rate Upon Request

Office For Lease  •  25,885+ SF

Property Details

  • Property Type Office
  • Year Built 1975
  • Total Building Size 1,221,500 SF
  • Tenancy Multiple
  • Building Class A
  • Zoning CR7.8
100 Transit Score
100 Walk Score

6 Spaces Available

Name Space Use Size Rent Details
Grnd Floor Ste Retail 25,885 SF Rate Upon Request 
Lower Concourse: Contiguous and divisible space. Ideal for office, retail or special uses. Features slab on grade with great floor loading capacity, above average ceiling heights and shipping access. Available immediately.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
5th Floor Ste 500 Office 54,771 SF Rate Upon Request 
Suite 500 offers a fully built out, full floor opportunity on efficient floor plate with Queen's Park views. Available August 1, 2026.

  • Date available: Aug 2026
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Office
  • Space Type: Relet
21st Floor Ste Exploration Labs Office 35,000-46,750 SF Rate Upon Request 
700 University Avenue is set to elevate the Discovery District skyline to new heights. The prominent curved glass façade of this landmark building is welcoming four new floors of high-performance life sciences space. This exclusive offering's distinct architectural design and state-of-the-art building technology is poised to redefine the standard for research space in Toronto and beyond.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: Negotiable
  • Built out as: Research And Development
  • Space Type: Relet
  • In Contiguous block: 187,000 SF
22nd Floor Ste Exploration Labs Office 35,000-46,750 SF Rate Upon Request 
700 University Avenue is set to elevate the Discovery District skyline to new heights. The prominent curved glass façade of this landmark building is welcoming four new floors of high-performance life sciences space. This exclusive offering's distinct architectural design and state-of-the-art building technology is poised to redefine the standard for research space in Toronto and beyond.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Research And Development
  • Space Type: Relet
  • In Contiguous block: 187,000 SF
23rd Floor Ste Exploration Labs Office 35,000-46,750 SF Rate Upon Request 
700 University Avenue is set to elevate the Discovery District skyline to new heights. The prominent curved glass façade of this landmark building is welcoming four new floors of high-performance life sciences space. This exclusive offering's distinct architectural design and state-of-the-art building technology is poised to redefine the standard for research space in Toronto and beyond.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Research And Development
  • Space Type: Relet
  • In Contiguous block: 187,000 SF
24th Floor Ste Exploration Labs Office 35,000-46,750 SF Rate Upon Request 
700 University Avenue is set to elevate the Discovery District skyline to new heights. The prominent curved glass façade of this landmark building is welcoming four new floors of high-performance life sciences space. This exclusive offering's distinct architectural design and state-of-the-art building technology is poised to redefine the standard for research space in Toronto and beyond.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Research And Development
  • Space Type: Relet
  • In Contiguous block: 187,000 SF

Description 

700 University Avenue is located in the heart of Toronto’s Discovery District, home to Canada’s largest and most advanced medical facilities and research institutions including: Princess Margaret Hospital, Toronto General Hospital, Toronto Rehabilitation Institute, MaRS, and numerous other medical and related service providers. The building is a short walk to multiple public transit options, and has a direct connection to the TTC Queen’s Park subway station that connects to the Yonge-University-Spadina line. Tenants and visitors also benefit from the onsite dining, service, and retail amenities on the concourse level, as well as the many urban conveniences in the vicinity.

Highlights

The building provides 24-hour manned security, 7 days per week.
Key tenant amenities include 51,514 SF of retail space and pedestrian access to nearby hospitals and government buildings.
Emergency power is provided by 2 x 450 kW gas-fired generator sets, exclusively servicing life safety equipment.
An underground walkway exists between 700 University and Princess Margaret Hospital.

Amenities

  • Banking
  • Bus Line
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Convenience Store
  • Courtyard
  • Day Care
  • Food Court
  • Food Service
  • Metro/Subway
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Basement
  • High Ceilings
  • Outdoor Seating
  • Air Conditioning
  • On-Site Security Staff

Major Tenants

Tenant SF Occupied Lease End Date
Belairdirect 12/31/2015
BMO Bank of Montreal
Intact
OPG
Sinai Health 4/20/2024
Swiss Chalet
The Princess Margaret Cancer Foundation
Tim Hortons
University Eye Clinic
University of Toronto 11/30/2027

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.3 mi
4 min - 1.3 mi
AirportDriveWalkDistance
Billy Bishop Toronto City 9 min - 2.7 mi
Toronto Pearson International 35 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael King 416-643-3481 Colliers
Michael King 416-643-3481 Colliers