701 Mount Pleasant Road, Toronto, ON M4S 2N4
Mount Pleasant East · C10 · M4S 2N4
$2,125,000
$783 / sq ft2 weeks on market
- Total area
- 2,713 sf
- Lot
- 16.78 × 90.49 ft
What's special
- Street garage
- Yes
About this property
Meticulously maintained, 100% leased mixed-use property over 3 storeys (2 commercial units + 1 residential unit) Recently renovated throughout, the building features high-end finishes, a brand-new two-bedroom apartment retrofit and up-to-date capital improvements, offering a turnkey investment. The ground-floor retail and lower level are occupied by Wellness Shield Pharmacy, with seller flexibility regarding potential vacant possession on sale. The second floor is leased to Urb Organic Spa, a long-term tenant, while the third floor features a newly renovated two-bedroom apartment. 2027 going in gross income of $118,972.68 provides strong in-place holding income, with flexibility to maintain a stabilized asset or pursue near-term value-add opportunities through lease renewals, market rent adjustments and options for vacant possession.
Property details
Property
- Property type
- investment
- Interior size
- 2,713 sq ft
- Lot size
- 16.78 × 90.49 ft
- Zoning
- CR3(c2;r2.5*2417)
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Street
Costs
- List price
- $2,125,000
- Property taxes
- $23,970 / year (2026)
- Price per sq ft
- $783
Listing
- MLS® number
- C14104692
- Status
- For sale
- Listed
- October 21, 2026
- Days on market
- 14
- Last updated
- October 21, 2026
- Listing brokerage
- CUSHMAN & WAKEFIELD
Price & sale history
This property's sale history is hidden
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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 41% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $783 / sq ft
- Comparable median
- $697 / sq ft
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $9,399.59
- Property tax (est.)
- $1,997.50
- Estimated monthly
- $11,397
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
- $39,600
- Toronto municipal
- $39,600
- Total due on closing
- $79,200
An estimate on the asking price of $2,125,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CUSHMAN & WAKEFIELD. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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