$7,900,000
Toronto
18 Gloucester Lane, Toronto (Church-Yonge Corridor), Ontario, M4Y1L5
This retail property in Toronto is for sale offering roughly 9,792 sq ft of space.
Tucked discreetly behind Yonge Street, 18 Gloucester Lane is a building of rare architectural character and meaningful cultural history. Built in 1912 and thoughtfully modernized, this five-storey buff brick building remains one of Toronto's most evocative and understated landmarks, offering discretion, cultural provenance and centrality. Behind its timeless façade lies over 9,700 sq ft of space shaped by exposed brick and beam, arched windows and generous industrial proportions. For over four decades, the building was the production headquarters for Norman Jewison - one of Canada's most internationally acclaimed filmmakers. From within these walls, major cinematic works were developed, produced and edited. And the building continues to carry that quiet sense of intention and purpose. Once production workspaces, the lower four floors now function as self-contained modernized offices with kitchenettes, washrooms and elevator access on each level, operating seamlessly as a boutique investment. Above, the building's essence reveals itself in the fifth-floor penthouse residence - Jewison's former pied-à-terre. Retaining its cinematic atmosphere, the main level features a generous living salon area, anchored by a herringbone brick fireplace, an open office, a full kitchen, and a concealed private office. A hidden staircase leads to a half-storey, where the bedroom, dressing room and bathroom form a private retreat. Positioned within the Historic Yonge Street Heritage Conservation District, 18 Gloucester Lane invites stewardship. Its architecture, history and placement within the city's cultural fabric offer the chance to continue a legacy of meaning and significance. The building's scale, discretion and location invite more possibilities: continue as a boutique investment property, adapt to a private family office or foundation, a design studio or gallery, or a fully integrated live/work private residence. A building shaped by its past, ready for its next chapter. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 359 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Toronto (Church-Yonge Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $7,900,000, about 126.6× the local median household income of $62,400.
Carrying it typically needs a household income of about $1,543,147 (20% down, 25-yr amortization, stress-tested) — roughly 2373% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4Y)
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