A rare opportunity to acquire an entire mixed-use building with full vacant possession available December 2026 in the heart of Mt. Pleasant Village, one of Midtown Toronto's most coveted retail destinations. Ideally situated on the east side of Mount Pleasant Road between Manor Road and Hillsdale Avenue, this property offers flexible CR3 zoning permitting a broad range of commercial and residential uses, together with the significant advantage of being located within Toronto's Major Transit Station Area (MTSA), an area identified for transit-oriented growth and increased density surrounding the city's major transit hubs. The main floor offers 1,177 sq. ft. of bright, west facing commercial space with exceptional street exposure, complemented by an approximately 833 sq. ft. full basement ideal for storage, preparation space, or ancillary use. Above, a two bedroom apartment provides valuable residential income potential or the flexibility of a live/work lifestyle. One rear covered parking space is accessible via the laneway. Surrounded by an established collection of boutique retailers, acclaimed restaurants, cafés, and everyday amenities, this is a neighbourhood where independent businesses build loyal followings and thrive for generations. Steps from the Mount Pleasant Crosstown LRT Station and within reach of Yonge & Eglinton, the property enjoys exceptional connectivity to one of Midtown Toronto's busiest transit corridors. Whether envisioned as a restaurant, café, boutique retailer, professional office, wellness concept, or long-term investment, this is an opportunity to secure a landmark address in one of Toronto's most dynamic and rapidly evolving urban villages. Inclusions - Upper Apartment - Stove, Fridge, Hood Fan, Closet Organisers. Rental Equip - Hot Water Heater x 2
Address
635 Mount Pleasant Road
List Price
$1,849,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Toronto C10
Sub-Area
Mount Pleasant East
Region
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
116.16
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.5
Parcel Number
211310097
Total Building Area
3045
Occupant Type
Partial
Cross Street
Mount Pleasant Rd / Eglinton Ave E
MLS® Number
C13604326
Listing Brokerage
Sotheby's International Realty Canada, Brokerage
| SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement
Yes
Postal Code
M4S 2M9
Posession Details
Immediate
Parking Spaces
1
Tax Amount
$18,023.85
Tax Year
2026
Site Influences
Public Transit, Recreation/Community Centre
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Oakville, Milton & District Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
PT LT 23 PL 1787 TORONTO AS IN CA274513; T/W & S/T CA274513; CITY OF TORONTO
Security Features
No
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