18 Gloucester Lane, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C12530256
About this home
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, 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.
Key facts
- Property type
- Other, Other
- MLS®
- C12530256
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 10 (8 half)
- Size
- 5,000 sq ft
- Lot
- 35 × 60 ft
- Cross streets
- Yonge + Gloucester
- Parking
- 0 parking
- Basement
- Partially Finished, Full
- Kitchens
- 5 (1 + 4)
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Flat
- Property tax
- $44,480 / 2024
- Days on market
- 249
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
Open Concept
Window
Open Concept
b/i appliances · ceramic floor
window · west view
Open Concept
large window · east view
open concept · bay window
open concept · combined w/dining · 2 way fireplace
walk-out · b/i closet
large window · east view
large window · east view
Window
Listing history
- Nov 10, 2025Listed$7,900,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Yonge St at Irwin Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Elevator: rare and valuable for accessibility and resale.
- Lifestyle
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Church-Yonge Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Yonge St at Irwin Ave, about 64 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $6,320,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $33,726
- Property tax
- $3,707
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $37,433
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $183,975
- Toronto municipal land transfer tax
- $300,975
- Estimated closing costs
- $484,950
Plus your down payment of $1,580,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $2,023,552
- Principal paid down
- $804,853
- Interest paid
- $1,218,698
- Balance remaining
- $5,515,147
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.