619 Mount Pleasant Rd, Toronto, M4S 2M5

Listing Overview

Description

Colliers is pleased to present the opportunity to acquire a brand new and fully reconstructed three-storey mixed-use building at 619 Mount Pleasant Road, Toronto, with direct access to the Mount Pleasant LRT station. Ideal for an owner-user/investor, the property has been recently upgraded to include ground floor retail with basement storage and two upper-level residential units. The residential component consists of a studio suite and a two-storey, two-bedroom, two-bathroom unit with a main floor kitchen and living area. Both units feature electric split-unit heat pumps. The retail space is prepped with exhaust and make-up air systems to accommodate a future commercial kitchen. The building offers a total of 3,343 SF, featuring 1,244 SF of ground-floor retail space. Suite 1 comprises 834 SF, while Suite 2 offers 1,265 SF. The property also benefits from upgraded 3-phase power. Well maintained by the Vendor, the property offers a turnkey opportunity suitable for retail, office, or a variety of commercial uses. Located in a highly walkable neighbourhood, the property is surrounded by an abundance of amenities including cafes, restaurants, grocery stores, and boutique retailers along Mount Pleasant Road. Its strong pedestrian and vehicular traffic, combined with direct transit connectivity, enhances the site's long-term value and desirability. With rear lane access, west-facing exposure, and flexible options for owner-occupier occupancy, live/work arrangements, or additional income from the residential suies, 619 Mount Pleasant presents a rare opportunity in one of Toronto's most vibrant Midtown communities.

1 day

On Market

Investment

Property Type

$17,258 / Year

Est. Taxes

Apartment

Style

Apts-2 To 5 Units

Business Type

-

Franchise