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40 University Ave 998 - 141,820 SF of Office Space Available in Toronto, ON M5J 1T1

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HIGHLIGHTS

  • 13-storey office tower proudly holding BOMA BEST Silver certification
  • On-site amenities including Tim Hortons, Beertown, and Orange Theory Fitness enhance everyday convenience
  • With the PATH network right across the street, tenants enjoy quick, weather-protected access to downtown’s top retail and dining
  • Located in the heart of Toronto’s Financial Core
  • Just steps from Union Station, TTC, GO Transit, and UP Express, the building offers unmatched commuter access

ALL AVAILABLE SPACES(18)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor, Ste 200
  • 12,439 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space
  • 2nd Floor, Ste 201
  • 4,365 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • 4 Private Offices
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • 2nd Floor, Ste 250
  • 3,510 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen, open area and offices. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Office intensive layout
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space
  • 3rd Floor, Ste 300
  • 20,252 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Office intensive layout
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space
  • 4th Floor, Ste 410
  • 9,875 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space
  • 5th Floor, Ste 507
  • 3,558 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Kitchen
  • Mostly Open Floor Plan Layout
  • 5th Floor, Ste 510
  • 6,827 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Office intensive layout
  • 5th Floor, Ste 551
  • 3,969 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 1 Conference Room
  • Kitchen
  • 6 Private Offices
  • Space is in Excellent Condition
  • 6th Floor, Ste 600
  • 2,033 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • 6th Floor, Ste 601
  • 3,577 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

The quoted rate is for the first year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 2 Conference Rooms
  • 8 Private Offices
  • Space is in Excellent Condition
  • 7th Floor, Ste 707
  • 6,885 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Office intensive layout
  • 8th Floor, Ste 800
  • 20,410 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen. Potential to subdivide. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 19 Private Offices
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • 12 Workstations
  • 9th Floor, Ste 900
  • 5,264 SF
  • 1 Year
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Built out with kitchen, offices, large boardroom. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 3 Conference Rooms
  • 7 Private Offices
  • Space is in Excellent Condition
  • 10th Floor, Ste 1002
  • 1,408 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 1 Conference Room
  • Open Floor Plan Layout
  • Space is in Excellent Condition
  • 10th Floor, Ste 1007
  • 998 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • 10th Floor, Ste 1010
  • 3,401 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Office intensive layout
  • 11th Floor, Ste 1110
  • 12,627 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 33,049 SF of adjacent space
  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • 12th Floor, Ste 1200
  • 20,422 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Office
  • Full Build-Out
  • Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Space is in Excellent Condition
  • Mostly Open Floor Plan Layout
  • Can be combined with additional space(s) for up to 33,049 SF of adjacent space
Space Size Term Rental Rate Space Use Condition Available
2nd Floor, Ste 200 12,439 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
2nd Floor, Ste 201 4,365 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
2nd Floor, Ste 250 3,510 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
3rd Floor, Ste 300 20,252 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
4th Floor, Ste 410 9,875 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
5th Floor, Ste 507 3,558 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
5th Floor, Ste 510 6,827 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
5th Floor, Ste 551 3,969 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
6th Floor, Ste 600 2,033 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
6th Floor, Ste 601 3,577 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
7th Floor, Ste 707 6,885 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
8th Floor, Ste 800 20,410 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
9th Floor, Ste 900 5,264 SF 1 Year Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
10th Floor, Ste 1002 1,408 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
10th Floor, Ste 1007 998 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
10th Floor, Ste 1010 3,401 SF Negotiable Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
11th Floor, Ste 1110 12,627 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now
12th Floor, Ste 1200 20,422 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Office Full Build-Out Now

2nd Floor, Ste 200

Size
12,439 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 201

Size
4,365 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 250

Size
3,510 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste 300

Size
20,252 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor, Ste 410

Size
9,875 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Floor, Ste 507

Size
3,558 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Floor, Ste 510

Size
6,827 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

5th Floor, Ste 551

Size
3,969 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Floor, Ste 600

Size
2,033 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

6th Floor, Ste 601

Size
3,577 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

7th Floor, Ste 707

Size
6,885 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

8th Floor, Ste 800

Size
20,410 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

9th Floor, Ste 900

Size
5,264 SF
Term
1 Year
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

10th Floor, Ste 1002

Size
1,408 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

10th Floor, Ste 1007

Size
998 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

10th Floor, Ste 1010

Size
3,401 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

11th Floor, Ste 1110

Size
12,627 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

12th Floor, Ste 1200

Size
20,422 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor, Ste 200

Size 12,439 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space

2nd Floor, Ste 201

Size 4,365 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 4 Private Offices
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space

2nd Floor, Ste 250

Size 3,510 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen, open area and offices. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space

3rd Floor, Ste 300

Size 20,252 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space

4th Floor, Ste 410

Size 9,875 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 50,441 SF of adjacent space

5th Floor, Ste 507

Size 3,558 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Kitchen

5th Floor, Ste 510

Size 6,827 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition

5th Floor, Ste 551

Size 3,969 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 6 Private Offices
  • 1 Conference Room
  • Space is in Excellent Condition
  • Kitchen

6th Floor, Ste 600

Size 2,033 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition

6th Floor, Ste 601

Size 3,577 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

The quoted rate is for the first year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 8 Private Offices
  • 2 Conference Rooms
  • Space is in Excellent Condition

7th Floor, Ste 707

Size 6,885 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition

8th Floor, Ste 800

Size 20,410 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen. Potential to subdivide. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • 19 Private Offices
  • 12 Workstations
  • Space is in Excellent Condition

9th Floor, Ste 900

Size 5,264 SF
Term 1 Year
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Built out with kitchen, offices, large boardroom. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • 7 Private Offices
  • 3 Conference Rooms
  • Space is in Excellent Condition

10th Floor, Ste 1002

Size 1,408 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • 1 Conference Room
  • Space is in Excellent Condition

10th Floor, Ste 1007

Size 998 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition

10th Floor, Ste 1010

Size 3,401 SF
Term Negotiable
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

  • Fully Built-Out as Standard Office
  • Office intensive layout
  • Space is in Excellent Condition

11th Floor, Ste 1110

Size 12,627 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 33,049 SF of adjacent space

12th Floor, Ste 1200

Size 20,422 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Office
Condition Full Build-Out
Available Now

Full Floor. Built out. The quoted rate is for the 1st year with annual increases thereafter.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 33,049 SF of adjacent space

PROPERTY OVERVIEW

Located in the heart of Toronto’s Financial Core, 40 University Avenue is a 13-storey office tower proudly holding BOMA BEST Silver certification. With efficient, flexible floor plates, it’s built to support today’s dynamic businesses. On-site amenities including Tim Hortons, Beertown, and Orange Theory Fitness enhance everyday convenience. Just steps from Union Station, TTC, GO Transit, and UP Express, the building offers unmatched commuter access. And with the PATH network right across the street, tenants enjoy quick, weather-protected access to downtown’s top retail and dining. Surrounded by upscale hotels, entertainment, and located on one of the city’s most iconic boulevards, 40 University Avenue combines business prestige with cultural energy. Backed by strong infrastructure, secure access, and professional management - this is downtown office leasing at its best.

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Metro/Subway
  • Security System

PROPERTY FACTS

Building Type
Office
Year Built
1970
Building Height
13 Stories
Building Size
257,217 SF
Building Class
B
Typical Floor Size
20,400 SF
Unfinished Ceiling Height
12’
Parking
Surface Parking
21 Covered Parking Spaces
Reserved Parking
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 12193292

  • Date on Market: 2025-08-01

  • Last Updated:

  • Address: 40 University Ave, Toronto, ON M5J 1T1

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