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For saleMLS® C13802200

511 Mount Pleasant Road, Toronto, ON M4S 2M4

Mount Pleasant East · C10 · M4S 2M4

$2,985,000

$700 / sq ft

1 months on market

Bathrooms
6
Total area
4,267 sf
Lot
16.2 × 113.75 ft
Age
100+ years

What's special

  • Outside/surface garage
  • Yes

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About this property

A rare and versatile mixed-use opportunity on vibrant Mt. Pleasant Road in the heart of Davisville Village. Substantially built out over three storeys plus a full basement, this impressive property offers approximately 4,267 sq. ft. above grade, with a flexible combination of commercial and residential space. The main floor and full basement provide substantial commercial space with direct street exposure, while the second floor is divided into two separate commercial spaces at the front and rear, offering excellent flexibility for a variety of uses and multiple income streams. Above it all, the entire third floor offers a spacious three-bedroom, two-bathroom residential suite with private outdoor space-ideal as a potential owner's suite or additional income-producing component. Located along one of midtown Toronto's established neighbourhood main streets, surrounded by shops, restaurants and services, with excellent access to transit and the amenities of Davisville Village. Current tenancies are on a month-to-month basis, providing added flexibility for an investor or live/work. A unique opportunity offering significant square footage, multiple commercial spaces and residential accommodation under one roof.

Property details

Property

Property type
retail
Bathrooms
6
Interior size
4,267 sq ft
Year built
100+
Lot size
16.2 × 113.75 ft
Zoning
CR3 (C2; R2.5*2417)
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$2,985,000
Property taxes
$23,385 / year (2025)
Price per sq ft
$700

Listing

MLS® number
C13802200
Status
For sale
Listed
September 18, 2026
Days on market
48
Last updated
September 21, 2026
Listing brokerage
BOSLEY REAL ESTATE LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 63% of comparable retail listings in Mount Pleasant East are asking less.

$870Median $2.13M$3.52M
This home
$700 / sq ft
Comparable median
$717 / sq ft

Based on 8 comparable active retail listings in Mount Pleasant East. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $597,000
$597,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,203.66
Property tax (est.)
$1,948.75
Estimated monthly
$15,152

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$61,100
Toronto municipal
$61,100
Total due on closing
$122,200

An estimate on the asking price of $2,985,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BOSLEY REAL ESTATE LTD.. 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.

$2,985,000

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