555 Davenport Road presents a rare opportunity to secure a fully controlled urban infill asset in one of Toronto’s most coveted midtown neighbourhoods. Ideally positioned at the corner of Davenport Road and Kendal Avenue in Casa Loma, the property offers a prominent freestanding building with on-site parking in a walkable, transit-oriented setting steps from Dupont Station on Line 1. This central location connects efficiently to the Downtown Financial District, Union Station and leading academic institutions including George Brown’s Casa Loma Campus, the University of Toronto and Toronto Metropolitan University.
Historically occupied by George Brown College for its School of Dental Health, School of Health & Wellness, School of Health Services Management and Interprofessional Learning Clinic, the building benefits from robust institutional infrastructure and highly functional multi-level floor plates that lend themselves to a range of future uses. Today, all floors are leased on a short-term basis to Liberty Entertainment for storage and workshop functions that support operations at nearby Casa Loma, providing interim holding income while preserving long-term optionality for an owner-occupier or value-add investor.
The property is further enhanced by its planning status. Existing approvals support a 10-storey mixed-use development program with 168 residential units over an approved gross floor area of 139,952 square feet, offering a clearly defined path to future intensification within a highly established, amenity-rich residential context that includes Rosedale, Summerhill and Forest Hill. Surrounding retail and lifestyle amenities include national grocers, daily needs services and destination dining, with convenient connectivity to Toronto’s broader employment base and regional transportation network.
Offered at $27,000,000 for a 100% freehold interest, 555 Davenport Road combines an exceptional infill location, flexible existing improvements and meaningful redevelopment entitlements, positioning the asset as a compelling opportunity for users and investors seeking long-term value in midtown Toronto.