For Sale · Retail

511 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East)

511 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East), ON M4S2M4

$3.0M total

4,267 SF

Asset Class

Retail

Size

4,267 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$700

Occupancy

96%

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. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.98M
Down payment30% · $896K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners2,460 SF2033-08
Lakeview Physiotherapy987 SF2033-08
Lakeview Physiotherapy654 SF2033-08

Area demographics

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.

Secure deal room

Confidential diligence documents for 511 MOUNT PLEASANT ROAD, Toronto (Mount Pleasant East).

NDA required
  • 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.