478 Cosburn Ave - Storefront Retail/Residential FOR SALE


Toronto, ON M4J 2N5- Old East York
$1,299,000 CAD
416-802-4228
478 Cosburn Ave, Toronto, ON for Sale
$1,299,000 CAD
Storefront Retail/Residential - FOR SALE
1/26
null | Request Cap Rate

478 Cosburn Ave
Toronto, ON M4J 2N5
Old East York


OVERVIEW

Retail: 1700 square feet Residential: 754 square feet Industrial: 360 square feet TMI: $8010.54 per year This property puts two revenue streams under one roof on one of East York’s most active neighbourhood commercial corridors. The ground floor office suite has been professionally renovated top to bottom: a commanding reception area (approx. 15’5? x 16’10”), six private offices finished with drop ceilings, recessed pot lighting and updated flooring throughout – the kind of polished, move-in-ready space that established professional tenants compete for. Prefer a different configuration? The existing layout could potentially open to a more open- concept retail or service commercial format, giving a future owner genuine flexibility to shape the space to their business. The finished basement adds a washroom and substantial storage, keeping operations running cleanly off the main floor. Upstairs, a self-contained 2-bedroom apartment with its own independent entrance generates residential income completely independent of what happens below – no shared expenses, no entanglement. Three hydro meters and one gas meter keep costs neatly separated by unit. Two surface parking spaces at rear via mutual laneway. C-Commercial zoning supports a wide range of commercial and residential uses. Positioned in Danforth Village-East York with direct TTC bus service at the door, Coxwell Subway Station minutes away, and the DVP close at hand for city-wide access.

FOR SALE DETAILS

PRICE

$1,299,000 CAD

PRICE/SF

$491 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CR

APN/PARCEL ID

190602420003700

ASK ABOUT THIS PROPERTY

Stephen LillyRE/MAX Hallmark Realty Ltd.More Info
416-802-4228

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Stephen LillyRE/MAX Hallmark Realty Ltd.More Info
416-802-4228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.