Mount Pleasant East · C10 · M4S 2M9
$1,849,000
$607 / sq ft1 months on market
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A rare opportunity to acquire an entire mixed-use building with full vacant possession available December 2026 in the heart of Mt. Pleasant Village, one of Midtown Toronto's most coveted retail destinations. Ideally situated on the east side of Mount Pleasant Road between Manor Road and Hillsdale Avenue, this property offers flexible CR3 zoning permitting a broad range of commercial and residential uses, together with the significant advantage of being located within Toronto's Major Transit Station Area (MTSA), an area identified for transit-oriented growth and increased density surrounding the city's major transit hubs. The main floor offers 1,177 sq. ft. of bright, west facing commercial space with exceptional street exposure, complemented by an approximately 833 sq. ft. full basement ideal for storage, preparation space, or ancillary use. Above, a two bedroom apartment provides valuable residential income potential or the flexibility of a live/work lifestyle. One rear covered parking space is accessible via the laneway. Surrounded by an established collection of boutique retailers, acclaimed restaurants, cafés, and everyday amenities, this is a neighbourhood where independent businesses build loyal followings and thrive for generations. Steps from the Mount Pleasant Crosstown LRT Station and within reach of Yonge & Eglinton, the property enjoys exceptional connectivity to one of Midtown Toronto's busiest transit corridors. Whether envisioned as a restaurant, café, boutique retailer, professional office, wellness concept, or long-term investment, this is an opportunity to secure a landmark address in one of Toronto's most dynamic and rapidly evolving urban villages. Inclusions - Upper Apartment - Stove, Fridge, Hood Fan, Closet Organisers. Rental Equip - Hot Water Heater x 2
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This home is priced in line with comparable listings — about 64% of comparable retail listings in Toronto are asking less.
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,849,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Sotheby's International Realty Canada, Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.