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$3.0M total
4,267 SF
Asset Class
Retail
Size
4,267 SF
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
$700
Occupancy
96%
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. (id:66811)
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Monthly debt service
$14K
Projected NOI
$176K
Annual cash flow
$11K
Cash-on-cash
1.18%
DSCR
1.06
Going-in cap
5.90%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 2,460 SF | 2033-08 |
| Lakeview Physiotherapy | 987 SF | 2033-08 |
| Lakeview Physiotherapy | 654 SF | 2033-08 |
Trade area within 3 miles of the property.
Population
42,664
Households
19,630
Median income
$130,000
Median age
35.8
Daytime population
49,178
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 511 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.